SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) January 28, 1999
GE CAPITAL MORTGAGE SERVICES, INC.
(as Seller and Servicer under the Pooling and
Servicing Agreement, dated as of January 1, 1999,
providing for the issuance of REMIC Multi-Class
Pass-Through Certificates, Series 1999-1)
GE Capital Mortgage Services, Inc.
(Exact name of registrant as specified in its charter)
New Jersey 33-5042 21-0627285
- --------------------------------------------------------------------------------
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
Three Executive Campus
Cherry Hill, New Jersey 08002
(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including area code (609) 661-6100
<PAGE>
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
General.
On January 28, 1999, GE Capital Mortgage Services, Inc. ("GECMSI") offered to
investors certain classes of its REMIC Multi-Class Pass-Through Certificates,
Series 1999-1 (the "Certificates") evidencing beneficial ownership interests in
a trust fund (the "Trust Fund"). The assets of the Trust Fund consist primarily
of a pool ("Pool 1999-1") of conventional, one- to four-family residential loans
(the "Mortgage Loans"). Capitalized terms used herein and not otherwise defined
shall have the meanings assigned to them in the Prospectus dated October 22,
1998 as supplemented by the Prospectus Supplement dated January 21, 1999.
The original principal balance of each Class of the Certificates is as follows:
Class A1 $67,565,789.00
Class A2 $571,282,002.00
Class A3 $1,400,000.00
Class A4 $8,341,146.00
Class A5 $7,568,854.00
Class A6 $3,500,000.00
Class A7 $2,100,000.00
Class A8 $1,400,000.00
Class A9 $1,400,000.00
Class A10 $1,400,000.00
Class A11 $1,400,000.00
Class A12 $3,000,000.00
Class A13 $3,300,000.00
Class A14 $1,000,000.00
Class A15 $1,000,000.00
Class R $100.00
Class PO $987,918.87
Class M $13,039,528.00
Class B1 $5,638,715.00
Class B2 $3,171,777.00
Class B3 $3,171,777.00
Class B4 $1,409,678.00
Class B5 $1,762,101.12
Total: $704,839,385.99
The initial Junior Percentage and initial Senior Percentage for Pool 1999-1 are
approximately 4.00% and 96.00%, respectively. The "Bankruptcy Loss Amount," the
"Fraud Loss Amount" and the "Special Hazard Loss Amount" for Pool 1999-1 as of
the initial issuance of the Certificates are $234,320.00, $7,048,394.00 and
$7,048,394.00, respectively, representing approximately .0300%, 1.0000%, and
1.0000%, respectively, of the aggregate Scheduled Principal Balances of the
Mortgage Loans as of January 1, 1999 (the "Cut-off Date").
Description of the Mortgage Pool and the Mortgaged Properties
Pool 1999-1
Pool 1999-1 consists primarily of fixed-rate, fully-amortizing conventional
Mortgage Loans evidenced by Mortgage Notes which have original maturities of 20
to 30 years and an aggregate outstanding Scheduled Principal Balance as of the
Cut-off Date, after deducting payments of principal due on or before such date
and prepayments of principal received before such date, of $704,839,385.99.
The interest rates (the "Mortgage Rates") borne by the 2,128 Mortgage Loans
conveyed by GECMSI to Pool 1999-1 range from 6.0000% to 9.7500% and the weighted
average Mortgage Rate as of the Cut-off Date is 7.1978% per annum (all weighted
averages in this filing are weighted by aggregate outstanding Scheduled
Principal Balance as of the Cut-off Date). At origination, the principal
balances of the Mortgage Loans in Pool 1999-1 ranged from $40,000.00 to
$1,455,000.00, and, as of the Cut-off Date, the average outstanding Scheduled
Principal Balance of the Mortgage Loans in Pool 1999-1 is $331,221.52, after
application of principal payments due on or before the Cut-off Date and
prepayments of principal received before such date. The earliest origination
date of any Mortgage Loan in Pool 1999-1 is March 1991, and the latest scheduled
maturity date of any such Mortgage Loan is January 2029. The weighted average
loan-to-value ratio of the Mortgage Loans as of the Cut-off Date in Pool 1999-1
is 74.1576%.
<PAGE>
The Mortgage Loans in Pool 1999-1 have the following characteristics as of the
Cut-off Date.
a) The following table sets forth information, as of the Cut-off Date, with
respect to the Mortgage Rates borne by the Mortgage Loans in Pool 1999-1:
MORTGAGE AGGREGATE BALANCES % OF POOL BY
RATES # OF LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
----- ---------- ------------------ -----------------
6.0000% 2 $1,028,209.26 0.1459%
6.2500% 7 $2,297,910.08 0.3260%
6.3750% 6 $1,824,842.38 0.2589%
6.5000% 30 $10,638,354.12 1.5093%
6.6250% 49 $16,538,997.12 2.3465%
6.7500% 125 $42,357,277.70 6.0095%
6.8750% 250 $84,413,117.71 11.9762%
7.0000% 285 $96,238,049.00 13.6539%
7.1250% 292 $99,523,957.41 14.1201%
7.1500% 2 $854,305.35 0.1212%
7.2000% 1 $172,976.95 0.0245%
7.2500% 343 $114,877,694.10 16.2985%
7.3000% 1 $39,383.97 0.0056%
7.3500% 4 $440,691.08 0.0625%
7.3750% 275 $93,593,744.94 13.2787%
7.4000% 1 $39,783.98 0.0056%
7.5000% 180 $62,689,208.64 8.8941%
7.5500% 2 $273,558.53 0.0388%
7.6000% 6 $478,702.18 0.0679%
7.6250% 101 $34,487,555.76 4.8930%
7.6500% 6 $674,199.55 0.0957%
7.7000% 1 $191,023.12 0.0271%
7.7500% 57 $16,559,631.88 2.3494%
7.8000% 4 $433,128.82 0.0615%
7.8500% 2 $89,555.46 0.0127%
7.8750% 37 $10,888,570.44 1.5448%
8.0000% 4 $1,149,247.64 0.1631%
8.1250% 2 $570,626.47 0.0810%
8.2000% 1 $49,769.83 0.0071%
8.2500% 3 $837,602.12 0.1188%
8.3750% 2 $1,072,478.12 0.1522%
8.5000% 9 $1,976,340.66 0.2804%
8.6250% 5 $1,196,599.33 0.1698%
8.7500% 4 $807,743.58 0.1146%
8.8750% 2 $367,506.63 0.0521%
9.0000% 8 $1,480,746.32 0.2101%
9.1250% 6 $1,054,568.37 0.1496%
9.2500% 2 $397,255.65 0.0564%
9.3750% 4 $775,526.97 0.1100%
9.5000% 5 $837,665.15 0.1188%
9.7500% 2 $621,279.62 0.0881%
Total 2,128 $704,839,385.99 100.0000%
<PAGE>
b) The following table sets forth information, as of the Cut-off Date, with
respect to the original principal balances of the Mortgage Loans in Pool 1999-1:
ORIGINAL AGGREGATE BALANCES % OF POOL BY
BALANCES # OF LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
-------- ---------- ------------------ -----------------
$ 0 - 227,150 173 $25,995,633.90 3.6882%
$227,151 - 250,000 160 $38,943,711.21 5.5252%
$250,001 - 300,000 752 $206,793,303.07 29.3390%
$300,001 - 350,000 418 $135,402,080.60 19.2103%
$350,001 - 400,000 256 $96,084,339.98 13.6321%
$400,001 - 450,000 132 $56,035,234.81 7.9501%
$450,001 - 600,000 147 $75,218,798.64 10.6718%
$600,001 - 650,000 33 $20,858,867.07 2.9594%
$650,001 - 1,000,000 + 57 $49,507,416.71 7.0239%
Total 2,128 $704,839,385.99 100.0000%
The largest outstanding Scheduled Principal Balance of any Mortgage Loan, as of
the Cut-off Date, in Pool 1999-1 is $1,449,532.99.
The smallest outstanding Scheduled Principal Balance of any Mortgage Loan, as of
the Cut-off Date, in Pool 1999-1 is $39,383.97.
c) The following table sets forth information, as of the Cut-off Date, with
respect to the years of origination of the Mortgage Loans in Pool 1999-1:
YEAR OF AGGREGATE BALANCES % OF POOL BY
ORIGINATION # OF LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
----------- ---------- ------------------ -----------------
1991 10 $2,066,258.17 0.2932%
1992 31 $5,870,969.23 0.8329%
1993 4 $937,815.57 0.1331%
1995 1 $286,312.36 0.0406%
1996 4 $1,048,458.82 0.1488%
1997 6 $2,434,894.94 0.3455%
1998 2,072 $692,194,676.90 98.2059%
Total 2,128 $704,839,385.99 100.0000%
<PAGE>
d) The following table sets forth information, as of the Cut-off Date, with
respect to the loan-to-value ratios of the Mortgage Loans at origination in
Pool 1999-1:
LOAN-TO-VALUE RATIO AGGREGATE BALANCES % OF POOL BY
AT ORIGINATION # OF LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
- ----------------- ---------- ------------------ -----------------
00.000 - 50.00 88 $30,987,797.56 4.3964%
50.001 - 60.00 136 $51,428,693.27 7.2965%
60.001 - 70.00 344 $127,264,654.43 18.0558%
70.001 - 75.00 307 $102,411,785.61 14.5298%
75.001 - 80.00 943 $305,805,820.70 43.3867%
80.001 - 85.00 35 $10,413,880.04 1.4775%
85.001 - 90.00 160 $46,766,338.81 6.6350%
90.001 - 95.00 115 $29,760,415.57 4.2223%
Total 2,128 $704,839,385.99 100.0000%
e) The following table sets forth information, as of the Cut-off Date, with
respect to the type of Mortgaged Properties securing the Mortgage Loans in
Pool 1999-1:
<TABLE>
<CAPTION>
AGGREGATE BALANCES % OF POOL BY
TYPE OF DWELLING # OF LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
---------------- ---------- ------------------ -----------------
<S> <C> <C> <C>
Single-family detached 1,889 $635,125,402.02 90.1093%
Single-family attached 44 $13,030,661.37 1.8487%
Condominium 177 $50,982,788.66 7.2332%
2 - 4 Family Units 17 $5,461,592.89 0.7749%
Co-op 1 $238,941.05 0.0339%
Total 2,128 $704,839,385.99 100.0000%
</TABLE>
f) The following table sets forth information, as of the Cut-off Date, with
respect to the occupancy status of the Mortgaged Properties securing the
Mortgage Loans as represented by the mortgagors at origination in Pool
1999-1:
AGGREGATE BALANCES % OF POOL BY
OCCUPANCY # OF LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
--------- ---------- ------------------ -----------------
Owner Occupies 2,084 $692,326,690.19 98.2248%
Vacation 31 $9,529,734.14 1.3520%
Investment 13 $2,982,961.66 0.4232%
Total 2,128 $704,839,385.99 100.0000%
<PAGE>
g) The following table sets forth information, as of the Cut-off Date, with
respect to the geographic distribution of the Mortgaged Properties securing
the Mortgage Loans in Pool 1999-1:
AGGREGATE BALANCES % OF POOL BY
STATE # OF LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
----- ---------- ------------------ -----------------
Alabama 4 $1,294,020.37 0.1836%
Arizona 28 $8,333,321.80 1.1823%
Arkansas 1 $325,726.12 0.0462%
California 1,041 $350,534,369.98 49.7323%
Colorado 36 $12,415,556.36 1.7615%
Connecticut 25 $10,745,065.69 1.5245%
Delaware 5 $1,227,247.67 0.1741%
District Of Columbia 7 $2,672,683.78 0.3792%
Florida 100 $30,820,492.46 4.3727%
Georgia 66 $21,900,793.40 3.1072%
Hawaii 8 $4,485,965.59 0.6365%
Idaho 1 $449,079.45 0.0637%
Illinois 37 $10,707,493.96 1.5191%
Indiana 7 $1,752,758.01 0.2487%
Iowa 3 $1,028,017.12 0.1459%
Kentucky 3 $609,097.22 0.0864%
Louisiana 4 $1,041,664.16 0.1478%
Maine 4 $1,584,810.45 0.2248%
Maryland 88 $28,698,818.54 4.0717%
Massachusetts 104 $34,641,329.95 4.9148%
Michigan 47 $15,717,581.99 2.2300%
Minnesota 4 $1,457,511.02 0.2068%
Mississippi 1 $292,318.58 0.0415%
Missouri 4 $1,005,921.77 0.1427%
Nevada 5 $1,423,475.48 0.2020%
New Hampshire 8 $2,548,847.19 0.3616%
New Jersey 109 $34,665,253.96 4.9182%
New Mexico 4 $1,043,771.71 0.1481%
New York 74 $23,711,908.66 3.3642%
North Carolina 15 $4,461,111.50 0.6329%
Ohio 21 $6,722,302.27 0.9537%
Oklahoma 2 $1,158,669.09 0.1644%
Oregon 12 $4,027,329.27 0.5714%
Pennsylvania 46 $14,992,726.71 2.1271%
Rhode Island 2 $513,781.32 0.0729%
South Carolina 10 $3,592,329.89 0.5097%
Tennessee 10 $3,646,129.54 0.5173%
Texas 38 $10,548,871.63 1.4966%
Utah 2 $1,739,714.65 0.2468%
Vermont 1 $338,129.38 0.0480%
Virginia 103 $33,498,872.10 4.7527%
Washington 36 $12,114,774.95 1.7188%
Wisconsin 2 $349,741.25 0.0496%
Total 2,128 $704,839,385.99 100.0000%
<PAGE>
h) The following table sets forth information, as of the Cut-off Date, with
respect to the maturity dates of the Mortgage Loans in Pool 1999-1:
YEAR OF AGGREGATE BALANCES % OF POOL BY
MATURITY # OF LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
- -------- ---------- ------------------ -----------------
2018 9 $2,920,926.66 0.4144%
2019 7 $2,120,950.00 0.3009%
2020 1 $302,510.89 0.0429%
2021 4 $648,847.49 0.0921%
2022 39 $7,876,938.90 1.1175%
2023 8 $2,904,350.51 0.4121%
2024 10 $3,106,816.21 0.4408%
2025 3 $841,299.07 0.1194%
2026 6 $1,843,893.86 0.2616%
2027 18 $5,685,483.64 0.8066%
2028 1,417 $471,541,886.07 66.9006%
2029 606 $205,045,482.69 29.0911%
Total 2,128 $704,839,385.99 100.0000%
The weighted average scheduled remaining term to maturity of the Mortgage Loans
in Pool 1999-1 calculated as of the Cut-off Date is 356 months.
i) The following table sets forth information, as of the Cut-off Date, with
respect to the purpose of the Mortgage Loans in Pool 1999-1:
PURPOSE OF AGGREGATE BALANCES % OF POOL BY
LOAN # OF LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
---- ---------- ------------------ -----------------
Purchase 999 $317,065,428.78 44.9841%
Rate Term/Refinance 819 $288,426,566.53 40.9209%
Cash-out Refinance 310 $99,347,390.68 14.0950%
Total 2,128 $704,839,385.99 100.0000%
<PAGE>
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL STATEMENTS AND EXHIBITS.
1.1 The Underwriting Agreement, dated as of January 22, 1998, and the related
Terms Agreement, dated as of January 21, 1999, for certain of the Series
1999-1 Certificates between GE Capital Mortgage Services, Inc. and Merrill
Lynch, Pierce, Fenner & Smith Incorporated.
4.1 The Pooling and Servicing Agreement for the Series 1999-1 Certificates,
dated as of January 1, 1999, between GE Capital Mortgage Services, Inc., as
seller and servicer, and State Street Bank and Trust Company, as trustee.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
GE Capital Mortgage Services, Inc.
By: Syed W. Ali
-----------
Name: Syed W. Ali
Title: Vice President
Dated as of January 28, 1999
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
GE Capital Mortgage Services, Inc.
By: Syed W. Ali
-----------
Name: Syed W. Ali
Title: Vice President
Dated as of January 28, 1999
<PAGE>
EXHIBIT INDEX
The exhibits are being filed herewith:
EXHIBIT NO. DESCRIPTION
- ----------- -----------
1.1 The Underwriting Agreement, dated as of January 22, 1998, and the related
Terms Agreement, dated as of January 21, 1999, for certain of the Series
1999-1 Certificates between GE Capital Mortgage Services, Inc. and Merrill
Lynch, Pierce, Fenner & Smith Incorporated.
4.1 The Pooling and Servicing Agreement for the Series 1999-1 Certificates,
dated as of January 1, 1999, between GE Capital Mortgage Services, Inc., as
seller and servicer, and State Street Bank and Trust Company, as trustee.
EXECUTION
GE CAPITAL MORTGAGE SERVICES, INC.
PASS-THROUGH CERTIFICATES
(Issuable in Series)
UNDERWRITING AGREEMENT
Merrill Lynch, Pierce, Fenner & Smith New York, New York
Incorporated January 22, 1998
Merrill Lynch World Headquarters
North Tower
World Financial Center
New York, New York 10281-1201
Ladies and Gentlemen:
GE Capital Mortgage Services, Inc., a corporation
organized and existing under the laws of the State of New Jersey
(the "Company"), may offer for sale to you (the "Underwriter")
from time to time its Pass-Through Certificates evidencing
interests in pools of mortgage loans (the "Certificates"). The
Certificates may be issued in various series, and within each
series, in one or more classes, in one or more offerings on terms
determined at the time of sale (each such series, a "Series" and
each such class, a "Class"). Each Series of the Certificates will
be issued under a separate Pooling and Servicing Agreement (each,
a "Pooling and Servicing Agreement") to be dated as of the
respective cut-off date (each, a "Cut-off Date") between the
Company, as seller and servicer, and State Street Bank and Trust
Company, as trustee (the "Trustee"). Capitalized terms used but
not defined herein shall have the meanings given to them in the
related Pooling and Servicing Agreement.
The Certificates issued under each Pooling and
Servicing Agreement will represent the entire beneficial
ownership interest in a trust fund (the "Trust Fund") established
by such Pooling and Servicing Agreement. The assets of each Trust
Fund will consist primarily of one or more pools of conventional,
fixed rate, first lien, fully amortizing, one- to four-family
residential mortgage loans (the "Mortgage Loans") having the
original terms to maturity specified in the related Terms
Agreement referred to hereinbelow. If so specified in the related
Terms Agreement, one or more elections may be made to treat the
assets of each Trust Fund as a real estate mortgage
<PAGE>
investment conduit (each, a "REMIC") for federal income tax
purposes.
Whenever the Company determines to make an offering of
Certificates (each, a "Certificate Offering") pursuant to this
Agreement through you, it will enter into an agreement with you
(the "Terms Agreement") providing for the sale of specified
Classes of Offered Certificates (as defined below) to, and the
purchase and public offering thereof by, you. Each such
Certificate Offering which the Company elects to make pursuant to
this Agreement shall be governed by this Agreement, as
supplemented by the related Terms Agreement. Each Terms
Agreement, which shall be substantially in the form of Exhibit A
hereto, shall specify, among other things, the Classes of
Certificates to be purchased by the Underwriter (the "Offered
Certificates"), the principal balance or balances of the Offered
Certificates, each subject to any stated variance, and the price
or prices at which such Offered Certificates are to be purchased
by the Underwriter from the Company.
1. Representations and Warranties. (a) The Company
represents and warrants to and agrees with the Underwriter, as of
the date of the related Terms Agreement, that:
(i) The registration statement specified
in the related Terms Agreement, on Form S-3, including
a prospectus, has been filed with the Securities and
Exchange Commission (the "Commission") for the
registration under the Securities Act of 1933, as
amended (the "Act"), of pass-through certificates
issuable in series, which registration statement has
been declared effective by the Commission. Such
registration statement, as amended to the date of the
related Terms Agreement, including any documents
incorporated by reference therein pursuant to Item 12
of Form S-3 under the Act which were filed under the
Securities Exchange Act of 1934, as amended (the
"Exchange Act"), on or before the effective date of
the Registration Statement, is hereinafter called the
"Registration Statement", and such prospectus, as such
prospectus is supplemented by a prospectus supplement
relating to the Offered Certificates of the related
Series, each in the form first filed after the date of
the related Terms Agreement pursuant to Rule 424(b)
under the Act, including any documents incorporated by
reference therein pursuant to Item 12 of Form S-3
under the Act which were filed under the Exchange Act
on or before the date of such prospectus supplement
(other than any such incorporated documents that
relate to Collateral Term Sheets (as defined
herein))(such prospectus supplement, including such
incorporated documents (other than those that relate
to Collateral
- 2 -
<PAGE>
Term Sheets), in the form first filed after the date
of the related Terms Agreement pursuant to Rule 424(b)
is hereinafter called the "Prospectus Supplement"), is
hereinafter called the "Prospectus". Any reference
herein to the terms "amend", "amendment" or
"supplement" with respect to the Registration
Statement, the Prospectus or the Prospectus Supplement
shall be deemed to refer to and include the filing of
any document under the Exchange Act after the
effective date of the Registration Statement or the
issue date of the Prospectus or Prospectus Supplement,
as the case may be, deemed to be incorporated therein
by reference pursuant to Item 12 of Form S-3 under the
Act.
(ii) The related Registration Statement,
at the time it became effective, and the Prospectus
contained therein, and any amendments thereof and
supplements thereto filed prior to the date of the
related Terms Agreement, conformed in all material
respects to the requirements of the Act and the rules
and regulations of the Commission thereunder; on the
date of the related Terms Agreement and on each
Closing Date (as defined in Section 3 below), the
related Registration Statement and the related
Prospectus, and any amendments thereof and supplements
thereto, will conform in all material respects to the
requirements of the Act and the rules and regulations
of the Commission thereunder; such Registration
Statement, at the time it became effective, did not
contain any untrue statement of a material fact or
omit to state a material fact required to be stated
therein or necessary to make the statements therein
not misleading; such Prospectus, on the date of any
filing pursuant to Rule 424(b) and on each Closing
Date, will not include any untrue statement of a
material fact or omit to state a material fact
necessary to make the statements therein, in the light
of the circumstances under which they are made, not
misleading; and the Detailed Description referred to
in such Prospectus, on each Closing Date and the date
of any filing thereof under cover of Form 8-K, will
not include any untrue statement of a material fact or
omit to state any information which such Prospectus
states will be included in such Detailed Description;
provided, however, that the Company makes no
representations or warranties as to the information
contained in or omitted from (A) such Registration
Statement or such Prospectus (or any supplement
thereto) in reliance upon and in conformity with
written information furnished to the Company by or on
behalf of the Underwriter specifically for use in the
preparation thereof or (B) any Current Report (as
defined in Section 5(b) below), or in any amendment
- 3 -
<PAGE>
thereof or supplement thereto, incorporated by
reference in such Registration Statement or such
Prospectus (or any amendment thereof or supplement
thereto).
(iii) The Certificates of the related
Series will conform to the description thereof
contained in the related Prospectus; will each, if
rated at the time of issuance in one of the two
highest rating categories by a nationally recognized
statistical rating organization, be when issued a
"mortgage related security" as such term is defined in
Section 3(a)(41) of the Exchange Act, and will each on
the related Closing Date be duly and validly
authorized, and, when validly executed, countersigned,
issued and delivered in accordance with the related
Pooling and Servicing Agreement and sold to you as
provided herein and in the related Terms Agreement,
will each be validly issued and outstanding and
entitled to the benefits of the related Pooling and
Servicing Agreement.
(iv) Neither the issuance nor sale of the
Certificates of the related Series nor the
consummation of any other of the transactions herein
contemplated, nor the fulfillment of the terms hereof
or of the related Terms Agreement, will conflict with
any statute, order or regulation applicable to the
Company of any court, regulatory body, administrative
agency or governmental body having jurisdiction over
the Company or with any organizational document of the
Company or any instrument or any agreement under which
the Company is bound or to which it is a party.
(v) This Agreement and the related Terms
Agreement have been duly authorized, executed and
delivered by the Company.
(vi) At or prior to the related Closing
Date, the Company will have entered into the related
Pooling and Servicing Agreement and, assuming the due
authorization, execution and delivery thereof by the
Trustee, such Pooling and Servicing Agreement (on such
Closing Date) will constitute the valid and binding
agreement of the Company enforceable in accordance
with its terms, subject as to enforceability, to
bankruptcy, insolvency, reorganization or other
similar laws affecting creditors' rights and to
general principles of equity (regardless of whether
the enforceability of such Pooling and Servicing
Agreement is considered in a proceeding in equity or
at law).
- 4 -
<PAGE>
2. Purchase and Sale. Subject to the execution of the
Terms Agreement for a particular Certificate Offering and subject
to the terms and conditions and in reliance upon the
representations and warranties set forth in this Agreement and
such Terms Agreement, the Company agrees to sell to the
Underwriter, and the Underwriter agrees to purchase from the
Company, all, but not less than all, of the related Offered
Certificates at the purchase price therefor set forth in such
Terms Agreement (the "Purchase Price").
The parties hereto agree that settlement for all
securities sold pursuant to this Agreement and the applicable
Terms Agreement shall take place on the settlement date agreed
upon at the time of the related transaction and set forth as the
"Closing Date" in such Terms Agreement and not as set forth in
Rule 15c6-1(a) of the Exchange Act.
3. Delivery and Payment. Delivery of and payment for
the Offered Certificates of a Series shall be made at the offices
of Cleary, Gottlieb, Steen & Hamilton, New York, New York, at
10:00 A.M., New York City time, on the Closing Date specified in
the related Terms Agreement, which date and time may be postponed
by agreement between the Underwriter and the Company (such date
and time being herein called the "Closing Date"). Delivery of
such Offered Certificates shall be made to the Underwriter
against payment by the Underwriter of the Purchase Price thereof
to or upon the order of the Company by wire transfer in federal
or other immediately available funds or by check payable in
federal funds, as the Company shall specify no later than five
full business days prior to such Closing Date. Unless delivery is
made through the facilities of The Depository Trust Company, the
Offered Certificates shall be registered in such names and in
such authorized denominations as the Underwriter may request not
less than two full business days in advance of each Closing Date.
The Company agrees to notify the Underwriter at least
two business days before each Closing Date of the exact principal
balance evidenced by the Offered Certificates and to have such
Offered Certificates available for inspection, checking and
packaging in New York, New York, no later than 12:00 noon on the
business day prior to such Closing Date.
4. Offering by the Underwriter. It is understood that
the Underwriter proposes to offer the Offered Certificates of the
related Series for sale to the public as set forth in the related
Prospectus.
5. Agreements. The Company agrees with the
Underwriter that:
(a) The Company will cause the Prospectus as
supplemented by a Prospectus Supplement relating to the
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Offered Certificates to be filed pursuant to Rule 424 under
the Act and will promptly advise the Underwriter when such
Prospectus as so supplemented has been so filed, and prior
to the termination of the Certificate Offering to which
such Prospectus relates also will promptly advise the
Underwriter (i) when any amendment to the related
Registration Statement specifically relating to such
Offered Certificates shall have become effective or any
further supplement to such Prospectus has been filed, (ii)
of any request by the Commission for any amendment of such
Registration Statement or Prospectus or for any additional
information, (iii) of the issuance by the Commission of any
stop order suspending the effectiveness of such
Registration Statement or the institution or threatening of
any proceeding for that purpose and (iv) of the receipt by
the Company of any written notification with respect to the
suspension of the qualification of such Offered
Certificates for sale in any jurisdiction or the initiation
or threatening of any proceeding for such purpose. The
Company will not file any amendment of the related
Registration Statement or supplement to the related
Prospectus (other than any amendment or supplement
specifically relating to one or more Series of pass-through
certificates other than the Series that includes the
related Offered Certificates) unless the Company has
furnished the Underwriter with a copy for its review prior
to filing. The Company will use its best efforts to prevent
the issuance of any such stop order and, if issued, to
obtain as soon as possible the withdrawal thereof.
(b) The Company will cause any Computational
Materials and any Structural Term Sheets (each as defined
in Section 8 below) with respect to the Offered
Certificates of a Series that are delivered by the
Underwriter to the Company pursuant to Section 8 to be
filed with the Commission on a Current Report on Form 8-K
(each such filing of such materials, a "Current Report")
pursuant to Rule 13a- 11 under the Exchange Act on the
business day immediately following the later of (i) the day
on which such Computational Materials and Structural Term
Sheets are delivered to counsel for the Company by the
Underwriter prior to 10:30 a.m. and (ii) the date on which
this Agreement is executed and delivered. The Company will
cause one Collateral Term Sheet (as defined in Section 9
below) with respect to the Offered Certificates of a Series
that is delivered by the Underwriter to the Company in
accordance with the provisions of Section 9 to be filed
with the Commission on a Current Report pursuant to Rule
13a-11 under the Exchange Act on the business day
immediately following the day on which such Collateral Term
Sheet is delivered to counsel for the Company by the
Underwriter prior to 10:30 a.m. In addition, if at any time
prior to the availability
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<PAGE>
of the related Prospectus Supplement the Underwriter has
delivered to any prospective investor a Collateral Term
Sheet that reflects, in the reasonable judgment of the
Underwriter and the Company, a material change in the
characteristics of the Mortgage Loans for the related
Series from those on which a Collateral Term Sheet with
respect to the related Series previously filed with the
Commission was based, the Company will cause any such
Collateral Term Sheet that is delivered by the Underwriter
to the Company in accordance with the provisions of Section
9 to be filed with the Commission on a Current Report on
the business day immediately following the day on which
such Collateral Term Sheet is delivered to counsel for the
Company by the Underwriter prior to 10:30 a.m. In each
case, the Company will promptly advise the Underwriter when
such Current Report has been so filed. Each such Current
Report shall be incorporated by reference in the related
Prospectus and the related Registration Statement.
Notwithstanding the five preceding sentences, the Company
shall have no obligation to file any materials provided by
the Underwriter pursuant to Sections 8 and 9 which, in the
reasonable determination of the Company after making
reasonable efforts to consult with the Underwriter, are not
required to be filed pursuant to the Kidder Letters or the
PSA Letter (each as defined in Section 8 below), or which
contain erroneous information or contain any untrue
statement of a material fact or, when read in conjunction
with the Prospectus and Prospectus Supplement, omit to
state a material fact required to be stated therein or
necessary to make the statements therein not misleading; it
being understood, however, that the Company shall have no
obligation to review or pass upon the accuracy or adequacy
of, or to correct, any Computational Materials, Structural
Term Sheets or Collateral Term Sheets provided by the
Underwriter to the Company pursuant to Section 8 or Section
9 hereof.
(c) If, at any time when a prospectus relating to
the Offered Certificates of a Series is required to be
delivered under the Act, any event occurs as a result of
which the related Prospectus as then amended or
supplemented would include any untrue statement of a
material fact or omit to state any material fact necessary
to make the statements therein in light of the
circumstances under which they were made not misleading, or
if it shall be necessary at any time to amend or supplement
the related Prospectus to comply with the Act or the rules
thereunder, the Company promptly will prepare and file with
the Commission, subject to paragraph (a) of this Section 5,
an amendment or supplement which will correct such
statement or omission or an amendment which will effect
such compliance; provided, however, that the Company will
not be required to file any such amendment or supplement
with respect to any
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<PAGE>
Computational Materials, Structural Term Sheets or
Collateral Term Sheets incorporated by reference in the
Prospectus other than any amendments or supplements of such
Computational Materials or Structural Term Sheets that are
furnished to the Company by the Underwriter pursuant to
Section 8(e) hereof or any amendments or supplements of
such Collateral Term Sheets that are furnished to the
Company by the Underwriter pursuant to Section 9(d) hereof
which the Company determines to file in accordance
therewith.
(d) The Company will furnish to the Underwriter
and counsel for the Underwriter, without charge, as many
signed copies of the related Registration Statement
(including exhibits thereto) and, so long as delivery of a
prospectus by the Underwriter or dealer may be required by
the Act, as many copies of the related Prospectus and any
supplements thereto (other than exhibits to the related
Current Report) as the Underwriter may reasonably request.
(e) The Company will furnish such information,
execute such instruments and take such actions as may be
reasonably requested by the Underwriter to qualify the
Offered Certificates of a Series for sale under the laws of
such jurisdictions as the Underwriter may designate, to
maintain such qualifications in effect so long as required
for the distribution of such Offered Certificates and to
determine the legality of such Offered Certificates for
purchase by institutional investors; provided, however,
that the Company shall not be required to qualify to do
business in any jurisdiction where it is not qualified on
the date of the related Terms Agreement or to take any
action which would subject it to general or unlimited
service of process in any jurisdiction in which it is not,
on the date of the related Terms Agreement, subject to such
service of process.
(f) So long as the Offered Certificates of a
Series are outstanding, the Company will furnish to the
Underwriter copies of the annual independent public
accountants' servicing report furnished to the Trustee
pursuant to Section 3.13 of the related Pooling and
Servicing Agreement.
(g) Whether or not the transactions contemplated
hereby and by the related Terms Agreement shall be
consummated, the Company shall be responsible for the
payment of any costs and expenses for which details are
submitted, in connection with the performance of its
obligations under this Agreement and the related Terms
Agreement, including, without limitation, (a) the cost and
expenses of printing or otherwise reproducing the related
Registration Statement or Prospectus, this Agreement, the
related Terms Agreement, the related Pooling and Servicing
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<PAGE>
Agreement and the Offered Certificates, and (b) the cost of
delivering the related Offered Certificates to the office
of the Underwriter, insured to the satisfaction of the
Underwriter (it being understood that, except as provided
in this paragraph (g) and in Section 7 hereof, the
Underwriter will pay all its own costs and expenses,
including the fees of Brown & Wood LLP, counsel for the
Underwriter, transfer taxes on resale of any Offered
Certificates by it, advertising expenses connected with any
offers that it may make, the fees of KPMG Peat Marwick LLP
with respect to its letters furnished pursuant to Section
6(i) of this Agreement and any letter furnished pursuant to
the last sentence of Section 6(h) hereof, the fees of any
firm of public accountants selected by the Underwriter with
respect to their letter furnished pursuant to Section 8(c)
of this Agreement, any other costs and expenses specified
in the related Terms Agreement as "Additional Expenses",
and all expenses (e.g., shipping, postage and courier
costs) associated with the delivery of the related
Prospectus to prospective investors and investors, other
than the costs of delivery to the Underwriter's facilities,
provided, that if courier services (other than overnight
delivery services utilized in the ordinary course of
business) are required to ensure that such Prospectus is
delivered to investors on the day immediately preceding the
related Closing Date, the Company will pay such courier
expenses).
6. Conditions to the Obligations of the Underwriter.
The obligations of the Underwriter to purchase the Offered
Certificates of any Series shall be subject to the accuracy in
all material respects of the representations and warranties on
the part of the Company contained in this Agreement, as
supplemented by the related Terms Agreement, as of the respective
dates thereof and the related Closing Date, to the accuracy of
the statements of the Company made in any applicable officers'
certificates pursuant to the provisions hereof, to the
performance by the Company of its obligations under this
Agreement and such Terms Agreement and to the following
additional conditions applicable to the related Certificate
Offering:
(a) No stop order suspending the effectiveness of
the related Registration Statement shall have been issued
and no proceedings for that purpose shall have been
instituted or threatened.
(b) Cleary, Gottlieb, Steen & Hamilton, counsel
for the Company, shall have furnished to the Underwriter an
opinion, dated the related Closing Date, to the effect
that:
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<PAGE>
(i) this Agreement and the related Terms
Agreement have been duly executed and delivered by the
Company under the law of the State of New York;
(ii) the related Pooling and Servicing
Agreement has been duly executed and delivered by the
Company under the law of the State of New York and is
a legal, valid and binding agreement of the Company
enforceable against the Company in accordance with its
terms;
(iii) the Offered Certificates, when duly
executed and countersigned by the Trustee in
accordance with the related Pooling and Servicing
Agreement, will be validly issued and outstanding and
entitled to the benefits of such Pooling and Servicing
Agreement;
(iv) the related Pooling and Servicing
Agreement is not required to be qualified under the
Trust Indenture Act of 1939, as amended, and the trust
created thereunder is not required to be registered
under the Investment Company Act of 1940, as amended;
(v) such counsel confirms that (based
solely upon telephone confirmation from a
representative of the Commission) the related
Registration Statement is effective under the Act and,
to the best of such counsel's knowledge, no stop order
with respect thereto has been issued, and no
proceeding for that purpose has been instituted or
threatened by the Commission; such Registration
Statement (except the financial statements and
schedules and other financial and statistical data
included therein and the documents incorporated by
reference therein, as to which such counsel need
express no view), at the time it became effective and
the related Prospectus (except the financial
statements and schedules and the other financial and
statistical data included therein, the documents
incorporated by reference therein), as of the date of
the Prospectus Supplement appeared on their face to be
appropriately responsive in all material respects to
the requirements of the Act and the rules and
regulations thereunder; and no information has come to
the attention of such counsel that causes it to
believe that (A) such Registration Statement (except
the financial statements and schedules and the other
financial and statistical data included therein and
the documents incorporated by reference therein, as to
which such counsel need express no view) at the time
it became effective, contained an untrue statement of
a material fact or omitted to state a material fact
required to be stated therein or necessary to make the
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<PAGE>
statements therein not misleading or (B) such
Prospectus or any amendment or supplement thereto
(except the financial statements and schedules and the
other financial and statistical data included therein,
the documents incorporated by reference therein and
the information included in the second sentence of the
antepenultimate paragraph, the first sentence of the
penultimate paragraph, and the last paragraph of the
cover page of such Prospectus Supplement and in the
second and fourth sentences of the first paragraph
under the heading "Plan of Distribution" therein, as
to which such counsel need express no view), as of the
date of the Prospectus Supplement, or at the related
Closing Date, contained or contains an untrue
statement of a material fact or omitted or omits to
state a material fact necessary in order to make the
statements therein, in the light of the circumstances
under which they were made, not misleading;
(vi) the statements set forth under the
heading "Description of the Certificates" in the
related Prospectus, insofar as such statements purport
to summarize certain provisions of the related Pooling
and Servicing Agreement and the related Offered
Certificates, provide a fair summary of such
provisions;
(vii) the statements set forth in the
related Prospectus under the headings "Certain Legal
Aspects of the Mortgage Loans and Contracts -- The
Mortgage Loans", "Certain Federal Income Tax
Consequences" (insofar as they relate specifically to
the purchase, ownership and disposition of the related
Offered Certificates) and "ERISA Considerations"
(insofar as they relate specifically to the purchase,
ownership and disposition of such Offered
Certificates), to the extent that they constitute
matters of law or legal conclusions, provide a fair
summary of such law or conclusions;
(viii) assuming compliance with all
provisions of the related Pooling and Servicing
Agreement, for federal income tax purposes, (A) if any
election is made to treat the assets of the Trust Fund
as a REMIC: the related Trust Fund (and any specified
subgrouping therein) will qualify as a REMIC pursuant
to Section 860D of the Internal Revenue Code of 1986,
as amended (the "Code"), each Class of Certificates of
the related Series, other than the related Residual
Class or Classes, will constitute a class of "regular
interests" in the related REMIC within the meaning of
the Code, and each Class of such Certificates specified
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<PAGE>
in the related Prospectus as a Class of Residual
Certificates will constitute the "residual interest"
in the related REMIC within the meaning of the Code;
(B) if no such REMIC election is made: the Trust Fund
will be treated as a "grantor trust"; and
(ix) assuming that some or all of the
Offered Certificates of the related Series shall be
rated at the time of issuance in one of the two
highest rating categories by a nationally recognized
statistical rating organization, each Offered
Certificate so rated will be at the time of issuance,
a "mortgage related security" as such term is defined
in Section 3(a)(41) of the Exchange Act.
Such opinion may express its reliance as to factual matters
on the representations and warranties made by, and on
certificates or other documents furnished by, officers of
the parties to this Agreement, the related Terms Agreement
or the related Pooling and Servicing Agreement. Such
opinion may assume the due authorization, execution and
delivery of the instruments and documents referred to
therein by the parties thereto other than the Company. Such
opinion may be qualified, insofar as it concerns the
enforceability of the documents referred to therein, to the
extent that such enforceability may be limited by
bankruptcy, insolvency, reorganization or other similar
laws affecting the enforcement of creditors' rights in
general and by general equity principles (regardless of
whether such enforcement is considered in a proceeding in
equity or at law). Such opinion may be further qualified as
expressing no opinion as to (x) the statements in the
related Prospectus under the heading "Certain Legal Aspects
of the Mortgage Loans and Contracts -- The Mortgage Loans"
except insofar as such statements relate to the laws of the
State of New York and the laws of the United States, and
(y) the statements in such Prospectus under the headings
"ERISA Considerations" and "Certain Federal Income Tax
Consequences" except insofar as such statements relate to
the laws of the United States. In addition, such opinion
may be qualified as an opinion only on the law of the State
of New York and the federal law of the United States of
America.
(c) The General Counsel for the Company shall
have furnished to the Underwriter an opinion, dated the
related Closing Date, to the effect that:
(i) The Company has been duly
incorporated and is validly existing as a corporation
in good standing under the laws of the State of New
Jersey, with corporate power to own its properties, to
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<PAGE>
conduct its business as described in the related
Prospectus and to enter into and perform its
obligations under this Agreement, the related Terms
Agreement, the related Pooling and Servicing Agreement
and the Certificates of the related Series;
(ii) The Company has full power and
authority to sell and service the related Mortgage
Loans as contemplated herein and in the related
Pooling and Servicing Agreement;
(iii) This Agreement, the related Terms
Agreement and the related Pooling and Servicing
Agreement have been duly authorized, executed and
delivered by the Company under the law of the State of
New Jersey;
(iv) The issuance and sale of the
Offered Certificates have been duly authorized by the
Company;
(v) No consent, approval, authorization
or order of any court or governmental agency or body
is required for the consummation by the Company of the
transactions contemplated herein or in the related
Pooling and Servicing Agreement, except such as may be
required under the blue sky laws of any jurisdiction
and such other approvals as have been obtained;
(vi) Neither the issuance of the
Certificates of the related Series nor delivery of the
related Offered Certificates, nor the consummation of
any other of the transactions contemplated in this
Agreement, the related Terms Agreement or the related
Pooling and Servicing Agreement, nor the fulfillment
of the terms of the related Certificates, the related
Pooling and Servicing Agreement, this Agreement or the
related Terms Agreement will conflict with or violate
any term or provision of the articles of incorporation
or by-laws of the Company or any statute, order or
regulation applicable to the Company of any court,
regulatory body, administrative agency or governmental
body having jurisdiction over the Company and will not
conflict with, result in a breach or violation or the
acceleration of or constitute a default under the
terms of any indenture or other agreement or
instrument known to such counsel to which the Company
is a party or by which it is bound; and
(vii) There are no actions, proceedings or
investigations pending or, to the best knowledge of
such counsel, threatened before any court, admini-
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<PAGE>
strative agency or other tribunal (i) asserting the
invalidity of this Agreement, the related Terms
Agreement, the related Pooling and Servicing Agreement
or the related Certificates, (ii) seeking to prevent
the issuance of the Certificates of the related Series
or the consummation by the Company of any of the
transactions contemplated by this Agreement, such
Terms Agreement or such Pooling and Servicing
Agreement, or (iii) which might materially and
adversely affect the performance by the Company of its
obligations under, or the validity or enforceability
of, this Agreement, such Terms Agreement, such Pooling
and Servicing Agreement or the related Certificates.
In rendering his or her opinion such counsel may rely as to
matters of fact, to the extent deemed proper and as stated
therein, on certificates of responsible officers of the
Company or public officials. In addition, such opinion may
be qualified as an opinion only on the laws of the State of
New Jersey.
(d) The Underwriter shall have received from
Brown & Wood LLP, counsel for the Underwriter, such opinion
or opinions, dated the related Closing Date, with respect
to the issuance and sale of the Certificates of the related
Series, the related Registration Statement, the related
Prospectus and such other related matters as the
Underwriter may reasonably require, and the Company shall
have furnished to such counsel such documents as the
Underwriter may reasonably request for the purpose of
enabling them to pass upon such matters.
(e) The Company shall have furnished to the
Underwriter a certificate of the Company, signed by the
President or any Vice President and the Senior Vice
President-Finance or the principal financial or accounting
officer of the Company, dated the related Closing Date, to
the effect that the signers of such certificate have
carefully examined the related Registration Statement
(excluding any Current Reports and any other documents
incorporated by reference therein), the related Prospectus,
the Detailed Description referred to in such Prospectus
(excluding any related Current Report), this Agreement and
the related Terms Agreement and that:
(i) the representations and warranties of
the Company in this Agreement are true and correct in
all material respects on and as of the related Closing
Date with the same effect as if made on such Closing
Date, and the Company has complied with all the
agreements and satisfied all the conditions on its
part
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<PAGE>
to be performed or satisfied at or prior to such
Closing Date;
(ii) no stop order suspending the
effectiveness of such Registration Statement has been
issued and no proceedings for that purpose have been
instituted or, to their knowledge, threatened; and
(iii) nothing has come to their attention
that would lead them to believe that such Registration
Statement (excluding any Current Report) contains any
untrue statement of a material fact or omits to state
any material fact required to be stated therein or
necessary to make the statements therein not
misleading, that the related Prospectus (excluding any
related Current Report) contains any untrue statement
of a material fact or omits to state a material fact
required to be stated therein or necessary to make the
statements therein, in the light of the circumstances
under which they were made, not misleading, or that
the Detailed Description referred to in such
Prospectus includes any untrue statement of a material
fact or omits to state any information which the
Prospectus states will be included in such Detailed
Description.
(f) Peabody & Arnold, counsel for the Trustee,
shall have furnished to the Underwriter an opinion, dated
the related Closing Date, to the effect that:
(i) the Trustee has been duly
incorporated and is validly existing as a corporation
in good standing under the laws of the Commonwealth of
Massachusetts with corporate power to own its
properties and conduct its business as presently
conducted by it, to conduct business as a trustee and
to enter into and perform its obligations under the
related Pooling and Servicing Agreement;
(ii) the related Pooling and Servicing
Agreement has been duly authorized, executed and
delivered by the Trustee and constitutes the legal,
valid and binding agreement of the Trustee enforceable
against the Trustee in accordance with its terms,
subject to bankruptcy, insolvency, fraudulent
conveyance, reorganization or other similar laws
affecting the enforcement of creditors' rights
generally and to judicial discretion, and general
principles of equity (regardless of whether
enforcement is sought in a proceeding in equity or at
law);
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<PAGE>
(iii) the Trustee has duly accepted its
appointment as trustee under the related Pooling and
Servicing Agreement;
(iv) no consent, approval, authorization
or order of any Massachusetts or federal court or
government agency or body is required on the part of
the Trustee for the consummation of the transactions
contemplated in the related Pooling and Servicing
Agreement, except such as may be required under any
federal or state securities law; and
(v) the performance on the part of the
Trustee of any of the transactions contemplated in the
related Pooling and Servicing Agreement does not
conflict with or result in a breach or violation of
any term or provision of, or constitute a default
under, the Articles of Organization, as amended, or
By-Laws of the Trustee, or any Massachusetts or
federal statute or regulation applicable to the
Trustee, or to such counsel's knowledge, any indenture
or other agreement or instrument to which the Trustee
is a party or by which it is bound, or, to such
counsel's knowledge, any order of any state or federal
court, regulatory body, administrative agency or
governmental body having jurisdiction over the
Trustee.
In addition, such counsel shall furnish to the Underwriter
such opinions as to the treatment of the Trust Fund for
purposes of Massachusetts tax law as are reasonably
satisfactory to the Underwriter.
(g) KPMG Peat Marwick LLP shall have furnished to
the Underwriter a letter, dated as of the date of the
related Terms Agreement, in form and substance satisfactory
to the Underwriter, stating in effect that they have
performed certain specified procedures as a result of which
they have determined that such information as the
Underwriter may reasonably request of an accounting,
financial or statistical nature (which is limited to
accounting, financial or statistical information derived
from the general accounting records of the Company) set
forth in the related Prospectus Supplement under the
caption "Delinquency and Foreclosure Experience of the
Company" agrees with the accounting records of the Company,
excluding any questions of legal interpretation.
(h) KPMG Peat Marwick LLP shall have furnished to
the Underwriter a letter, dated as of the related Closing
Date, in form and substance satisfactory to the
Underwriter, stating in effect that they have performed
certain specified procedures as a result of which they have
determined that
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<PAGE>
such information as the Underwriter may reasonably request
of an accounting, financial or statistical nature (which is
limited to accounting, financial or statistical information
derived from the general accounting records of the Company
and which is obtained from an analysis of a sample of the
Mortgage Loans included in the related pool) set forth in
the related Prospectus Supplement under the caption
"Description of the Mortgage Pool and the Mortgaged
Properties" or "Description of the Mortgage Pools and the
Mortgaged Properties", as the case may be, and in the
Detailed Description relating to such Prospectus Supplement
is mutually consistent and agrees with the accounting
records of the Company and, where applicable, the related
Mortgage Loan files of the Company, excluding any questions
of legal interpretation. In addition, if applicable, such
accountants shall have furnished to the Underwriter a
letter, dated as of the related Closing Date, which shall
include a statement or statements to the effect that based
upon the assumptions and methodology agreed to by the
Company (and which is consistent with the manner in which
any final PAC Balances, TAC Balances, Scheduled Balances,
Maximum and Minimum Scheduled Balances or any other
scheduled balances are to be calculated as set forth in the
related Prospectus), all of which shall be described by
reference in such letter, such accountants shall have
verified the mathematical accuracy of any final PAC
Balances Table, TAC Balances Table, Scheduled Balances
Table, Maximum or Minimum Scheduled Balances Table or other
scheduled balances table attached as an exhibit to the
related Pooling and Servicing Agreement.
(i) KPMG Peat Marwick LLP shall have furnished to
the Underwriter and the Company a letter or letters, dated
as of the date of the related Terms Agreement, in form and
substance satisfactory to the Underwriter and the Company,
including, without limitation, statements, if applicable,
to the effect that:
(i) based upon the assumptions and
methodology set forth in the related Prospectus, all
of which shall be described by reference in such
letter, they recomputed the percentages of initial
principal balance outstanding as of each of the
Distribution Dates (as defined in such Prospectus)
indicated and the weighted average lives of each Class
of Offered Certificates at each of the indicated
percentages of the applicable Prepayment Assumption,
and they compared the recomputed percentages and
weighted average lives to the corresponding
percentages and weighted average lives set forth in
the related tables and found them to be in agreement;
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<PAGE>
(ii) based upon the assumptions and
methodology set forth in such Prospectus, all of which
shall be described by reference in such letter, they
have verified the mathematical accuracy of any
Scheduled Final Distribution Dates for the Offered
Certificates, PAC Balances, TAC Balances, Scheduled
Balances, Maximum and Minimum Scheduled Balances or
any other scheduled balances set forth in such
Prospectus for each indicated Distribution Date, and
have verified the mathematical accuracy of any initial
Effective Ranges of any PAC Certificates, Scheduled
Certificates or other scheduled Certificates set forth
in such Prospectus; and
(iii) based upon the assumptions and
methodology set forth in such Prospectus, all of which
shall be described by reference in such letter, they
have verified the mathematical accuracy of the pre-tax
yields to maturity and, if applicable, aggregate cash
flows of any Class of Certificates for which such
pre-tax yields and, if applicable, aggregate cash
flows are set forth in such Prospectus at the
indicated percentages of the Prepayment Assumption
and, if applicable, at the indicated values of COFI,
LIBOR or any other index, as applicable.
(j) The Offered Certificates of the related
Series shall have received the ratings specified in the
related Terms Agreement (the "Required Ratings").
(k) Prior to the related Closing Date, the
Company shall have furnished to the Underwriter such
further information, certificates and documents as the
Underwriter may reasonably request.
(l) If any Certificates of the related Series are
to be sold to any other underwriter and/or offered in
reliance upon an exemption from the registration
requirements of the Act, the sale at or prior to the
related Closing Date of such Certificates to the purchaser
thereof shall have occurred.
(m) Subsequent to the date of the related Terms
Agreement, there shall not have been any change, or any
development involving a prospective change, in or affecting
the business or properties of the Company which the
Underwriter concludes in its judgment, after consultation
with the Company, materially impairs the investment quality
of the Offered Certificates of the related Series so as to
make it impractical or inadvisable to proceed with the
public offering or the delivery of such Offered
Certificates as contemplated by the related Prospectus.
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<PAGE>
If any of the conditions specified in this Section 6
shall not have been fulfilled in all material respects with
respect to the particular Offered Certificates of a Series when
and as provided in this Agreement and the related Terms
Agreement, or if any of the opinions and certificates mentioned
above or elsewhere in this Agreement and the related Terms
Agreement shall not be in all material respects reasonably
satisfactory in form and substance to the Underwriter and its
counsel, this Agreement (with respect to the related Offered
Certificates) and the related Terms Agreement and all obligations
of the Underwriter hereunder (with respect to the related Offered
Certificates) and thereunder may be canceled at, or at any time
prior to, the related Closing Date by the Underwriter. Notice of
such cancellation shall be given to the Company in writing, or by
telephone or telegraph confirmed in writing.
7. Indemnification and Contribution. (a) The Company
agrees to indemnify and hold harmless the Underwriter and each
person who controls the Underwriter within the meaning of the Act
or the Exchange Act against any and all losses, claims, damages
or liabilities, joint or several, to which they or any of them
may become subject under the Act, the Exchange Act, or other
Federal or state statutory law or regulation, at common law or
otherwise, insofar as such losses, claims, damages or liabilities
(or actions in respect thereof) arise out of or are based upon
any untrue statement or alleged untrue statement of a material
fact contained in the Registration Statement relating to the
Offered Certificates of the applicable Series as it became
effective or in any amendment or supplement thereof, or in such
Registration Statement or the related Prospectus, or in any
amendment thereof, or in the Detailed Description referred to in
such Prospectus or arise out of or are based upon the omission or
alleged omission (in the case of any Computational Materials or
ABS Term Sheets (in each case, as defined herein) in respect of
which the Company agrees to indemnify the Underwriter, as set
forth below, when such are read in conjunction with the related
Prospectus and Prospectus Supplement) to state therein a material
fact required to be stated therein or necessary to make the
statements therein not misleading, and agrees to reimburse each
such indemnified party for any legal or other expenses reasonably
incurred by them in connection with investigating or defending
any such loss, claim, damage, liability or action; provided,
however, that (i) the Company will not be liable in any such case
to the extent that any such loss, claim, damage or liability
arises out of or is based upon any such untrue statement or
alleged untrue statement or omission or alleged omission made
therein (A) in reliance upon and in conformity with written
information furnished to the Company as herein stated by or on
behalf of the Underwriter specifically for use in connection with
the preparation thereof or (B) in any Current Report or any
amendment or supplement thereof, except to the extent that any
untrue statement or alleged untrue statement therein or omission
- 19 -
<PAGE>
therefrom results (or is alleged to have resulted) directly from
an error (a "Mortgage Pool Error") in the information concerning
the characteristics of the Mortgage Loans furnished by the
Company to the Underwriter in writing or by electronic
transmission that was used in the preparation of either (x) any
Computational Materials or ABS Term Sheets (or amendments or
supplements thereof) included in such Current Report (or
amendment or supplement thereof) or (y) any written or electronic
materials furnished to prospective investors on which the
Computational Materials (or amendments or supplements) were
based, (ii) such indemnity with respect to any Corrected
Statement (as defined below) in such Prospectus (or supplement
thereto) shall not inure to the benefit of the Underwriter (or
any person controlling the Underwriter) from whom the person
asserting any loss, claim, damage or liability purchased the
Certificates of the related Series that are the subject thereof
if such person did not receive a copy of a supplement to such
Prospectus at or prior to the confirmation of the sale of such
Certificates and the untrue statement or omission of a material
fact contained in such Prospectus (or supplement thereto) was
corrected (a "Corrected Statement") in such other supplement and
such supplement was furnished by the Company to the Underwriter
prior to the delivery of such confirmation, and (iii) such
indemnity with respect to any Mortgage Pool Error shall not inure
to the benefit of the Underwriter (or any person controlling the
Underwriter) from whom the person asserting any loss, claim,
damage or liability received any Computational Materials (or any
written or electronic materials on which the Computational
Materials are based) or ABS Term Sheets that were prepared on the
basis of such Mortgage Pool Error, if, prior to the time of
confirmation of the sale of the applicable Certificates to such
person, the Company notified the Underwriter in writing of the
Mortgage Pool Error or provided in written or electronic form
information superseding or correcting such Mortgage Pool Error
(in any such case, a "Corrected Mortgage Pool Error"), and the
Underwriter failed to notify such person thereof or to deliver to
such person corrected Computational Materials (or underlying
written or electronic materials) or ABS Term Sheets. This
indemnity agreement will be in addition to any liability which
the Company may otherwise have.
(b) The Underwriter agrees to indemnify and hold
harmless the Company, each of its directors, each of its officers
who signs the Registration Statement relating to the Offered
Certificates of the applicable Series, and each person who
controls the Company within the meaning of the Act or the
Exchange Act to the same extent as the foregoing indemnities from
the Company to the Underwriter, but only with reference to (A)
written information furnished to the Company by or on behalf of
the Underwriter specifically for use in the preparation of the
documents referred to in the foregoing indemnity with respect to
the related Series, or (B) any Computational Materials or ABS
- 20 -
<PAGE>
Term Sheets (or amendments or supplements thereof) furnished to
the Company by the Underwriter pursuant to Section 8 or Section 9
and incorporated by reference in such Registration Statement or
the related Prospectus or any amendment or supplement thereof
(except that no such indemnity shall be available for any losses,
claims, damages or liabilities, or actions in respect thereof,
resulting from any Mortgage Pool Error, other than a Corrected
Mortgage Pool Error). This indemnity agreement will be in
addition to any liability which the Underwriter may otherwise
have. The Company acknowledges that the statements set forth in
the second sentence of the ante-penultimate paragraph, the first
sentence of the penultimate paragraph, and in the last paragraph
appearing on the cover page of the related Prospectus Supplement
as such statements relate to such Offered Certificates and the
second sentence of the first paragraph under the heading "Plan of
Distribution" in such Prospectus Supplement as such statements
relate to such Offered Certificates constitute the only
information furnished in writing by or on behalf of the
Underwriter for inclusion in the related Prospectus (other than
any Computational Materials or ABS Term Sheets (or amendments or
supplements thereof) furnished to the Company by the
Underwriter), and the Underwriter confirms that such statements
are correct.
(c) Promptly after receipt by an indemnified party
under Section 7 of notice of the commencement of any action, such
indemnified party will, if a claim in respect thereof is to be
made against the indemnifying party under this Section 7, notify
the indemnifying party in writing of the commencement thereof;
but the omission so to notify the indemnifying party will not
relieve it from any liability which it may have to any
indemnified party otherwise than under this Section 7. In case
any such action is brought against any indemnified party, and it
notifies the indemnifying party of the commencement thereof, the
indemnifying party will be entitled to participate therein, and
to the extent that it may elect by written notice delivered to
the indemnified party promptly after receiving the aforesaid
notice from such indemnified party, to assume the defense
thereof, with counsel satisfactory to such indemnified party;
provided, however, that if the defendants in any such action
include both the indemnified party and the indemnifying party and
the indemnified party shall have reasonably concluded that there
may be legal defenses available to it and/or other indemnified
parties which are different from or additional to those available
to the indemnifying party, the indemnified party or parties shall
have the right to select separate counsel to assert such legal
defenses and to otherwise participate in the defense of such
action on behalf of such indemnified party or parties. Upon
receipt of notice from the indemnifying party to such indemnified
party of its election so to assume the defense of such action and
approval by the indemnified party of counsel, the indemnifying
party will not be liable to such indemnified party under this
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<PAGE>
Section 7 for any legal or other expenses subsequently incurred
by such indemnified party in connection with the defense thereof
unless (i) the indemnified party shall have employed separate
counsel in connection with the assertion of legal defenses in
accordance with the proviso to the next preceding sentence (it
being understood, however, that the indemnifying party shall not
be liable for the expenses of more than one separate counsel
approved by the indemnified party in the case of subparagraph (a)
or (b), representing the indemnified parties under subparagraph
(a) or (b), who are parties to such action), (ii) the
indemnifying party shall not have employed counsel satisfactory
to the indemnified party to represent the indemnified party
within a reasonable time after notice of commencement of the
action or (iii) the indemnifying party has authorized the
employment of counsel for the indemnified party at the expense of
the indemnifying party; and except that, if clause (i) or (iii)
is applicable, such liability shall be only in respect of the
counsel referred to in such clause (i) or (iii).
(d) If the indemnification provided for in paragraph
(a) or (b) of this Section 7 is due in accordance with its terms
but is for any reason held by a court to be unavailable from the
Company or the Underwriter, on grounds of policy or otherwise, or
if the indemnified party failed to give notice under paragraph
(c) of this Section 7 in respect of a claim otherwise subject to
indemnification in accordance with paragraph (a) or (b) of this
Section 7, the Company and the Underwriter shall contribute to
the aggregate losses, claims, damages and liabilities (including
legal and other expenses reasonably incurred in connection with
investigating or defending same) to which the Company and the
Underwriter may be subject, as follows:
(i) in the case of any losses, claims, damages and
liabilities (or actions in respect thereof) which do not
arise out of or are not based upon any untrue statement or
omission of a material fact in any Computational Materials
or ABS Term Sheets (or any amendments or supplements
thereof), in such proportion so that the Underwriter is
responsible for that portion represented by the difference
between the proceeds to the Company in respect of the
Offered Certificates appearing on the cover page of the
Prospectus Supplement for the related Series and the total
proceeds received by the Underwriter from the sale of such
Offered Certificates (the "Underwriting Discount"), and the
Company is responsible for the balance; provided, however,
that in no case shall the Underwriter be responsible under
this subparagraph (i) for any amount in excess of such
Underwriting Discount applicable to the Offered
Certificates purchased by the Underwriter pursuant to this
Agreement and the related Terms Agreement; and
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<PAGE>
(ii) in the case of any losses, claims, damages and
liabilities (or actions in respect thereof) which arise out
of or are based upon any untrue statement or omission of a
material fact in any Computational Materials or ABS Term
Sheets (or any amendments or supplements thereof) or in any
written or electronic materials distributed to prospective
investors on which the Computational Materials are based,
in such proportion as is appropriate to reflect the
relative fault of the Company on the one hand and the
Underwriter on the other in connection with the statements
or omissions which resulted in such losses, claims, damages
or liabilities (or actions in respect thereof) as well as
any other relevant equitable considerations; provided,
however, that in no case shall the Underwriter be
responsible under this subparagraph (ii) for any amount in
excess of the aggregate Purchase Price for the Offered
Certificates. The relative fault shall be determined by
reference to, among other things, whether the untrue or
alleged untrue statement of a material fact or the omission
or alleged omission to state a material fact in such
Computational Materials or ABS Term Sheets (or any
amendments or supplements thereof or such written or
electronic materials) results from information prepared by
the Company on the one hand or the Underwriter on the other
and the parties' relative intent, knowledge, access to
information and opportunity to correct or prevent such
statement or omission.
Notwithstanding anything to the contrary in this Section 7(d), no
person guilty of fraudulent misrepresentation (within the meaning
of Section 11(f) of the Act) shall be entitled to contribution
from any person who was not guilty of such fraudulent
misrepresentation. For purposes of this Section 7, each person
who controls the Underwriter within the meaning of either the Act
or the Exchange Act shall have the same rights to contribution as
the Underwriter, and each person who controls the Company within
the meaning of either the Act or the Exchange Act, each officer
of the Company who shall have signed the Registration Statement
and each director of the Company shall have the same rights to
contribution as the Company, subject in each case to the
immediately preceding sentence of this paragraph (d).
8. Computational Materials and Structural Term Sheets.
(a) Not later than 10:30 a.m., New York time, on the business day
before the date on which the Current Report relating to the
Offered Certificates of a Series is required to be filed by the
Company with the Commission pursuant to Section 5(b) hereof, the
Underwriter shall deliver to the Company five complete copies of
all materials provided by the Underwriter to prospective
investors in such Offered Certificates that constitute (i)
"Computational Materials" within the meaning of the no-action
letter dated May 20, 1994 issued by the Division of Corporation
Finance of the Commission to Kidder, Peabody
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<PAGE>
Acceptance Corporation I, Kidder, Peabody & Co. Incorporated, and
Kidder Structured Asset Corporation and the no-action letter
dated May 27, 1994 issued by the Division of Corporation Finance
of the Commission to the Public Securities Association (together,
the "Kidder Letters"), the filing of which material is a
condition of the relief granted in such letter (such materials
being the "Computational Materials"), and (ii) "Structural Term
Sheets" within the meaning of the no-action letter dated February
17, 1995 issued by the Division of Corporation Finance of the
Commission to the Public Securities Association (the "PSA
Letter"), the filing of which material is a condition of the
relief granted in such letter (such materials being the
"Structural Term Sheets"). Each delivery of Computational
Materials and Structural Term Sheets to the Company pursuant to
this paragraph (a) shall be effected by delivering four copies of
such materials to counsel for the Company on behalf of the
Company at the address specified in Section 3 hereof and one copy
of such materials to the Company.
(b) The Underwriter represents and warrants to and
agrees with the Company, as of the date of the related Terms
Agreement and as of the Closing Date, that:
(i) the Computational Materials furnished to the
Company pursuant to Section 8(a) constitute (either in
original, aggregated or consolidated form) all of the
materials furnished to prospective investors by the
Underwriter prior to the time of delivery thereof to
the Company that are required to be filed with the
Commission with respect to the related Offered
Certificates in accordance with the Kidder Letters,
and such Computational Materials comply with the
requirements of the Kidder Letters;
(ii) the Structural Term Sheets furnished to the
Company pursuant to Section 8(a) constitute all of the
materials furnished to prospective investors by the
Underwriter prior to the time of delivery thereof to
the Company that are required to be filed with the
Commission as "Structural Term Sheets" with respect to
the related Offered Certificates in accordance with
the PSA Letter, and such Structural Term Sheets comply
with the requirements of the PSA Letter; and
(iii) on the date any such Computational Materials
or Structural Term Sheets with respect to such Offered
Certificates (or any written or electronic materials
furnished to prospective investors on which the
Computational Materials are based) were last furnished
to each prospective investor and on the date of
delivery thereof to the Company pursuant to Section
8(a) and on the related Closing Date, such
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<PAGE>
Computational Materials (or such other materials) or
Structural Term Sheets did not and will not include
any untrue statement of a material fact or, when read
in conjunction with the related Prospectus and
Prospectus Supplement, omit to state a material fact
required to be stated therein or necessary to make the
statements therein not misleading.
Notwithstanding the foregoing, the Underwriter makes no
representation or warranty as to whether any Computational
Materials or Structural Term Sheets (or any written or electronic
materials on which the Computational Materials are based)
included or will include any untrue statement resulting directly
from any Mortgage Pool Error (except any Corrected Mortgage Pool
Error, with respect to materials prepared after the receipt by
the Underwriter from the Company of notice of such Corrected
Mortgage Pool Error or materials superseding or correcting such
Corrected Mortgage Pool Error).
(c) The Underwriter shall cause a firm of public
accountants to furnish to the Company a letter, dated as of the
date on which the Underwriter delivers any Computational
Materials (which term shall be deemed to include, for purposes of
this paragraph (c), calculated statistical information delivered
to prospective investors in the form of a Structural Term Sheet)
to the Company pursuant to Section 8(a), in form and substance
satisfactory to the Company, stating in effect that they have
verified the mathematical accuracy of any calculations performed
by the Underwriter and set forth in such Computational Materials.
(d) The Underwriter acknowledges and agrees that any
Computational Materials or Structural Term Sheets with respect to
Series 1998-1 and any subsequent Series of Certificates as to
which it acts as Underwriter have been prepared and disseminated
by the Underwriter and not by or on behalf of the Company, and
that such materials included and shall include a disclaimer in
form satisfactory to the Company to the effect that such
materials have been prepared and disseminated by the Underwriter,
and that the content and accuracy of such materials have not been
reviewed by the Company.
(e) If, at any time when a prospectus relating to the
Offered Certificates of a Series is required to be delivered
under the Act, it shall be necessary to amend or supplement the
related Prospectus as a result of an untrue statement of a
material fact contained in any Computational Materials or
Structural Term Sheets provided by the Underwriter pursuant to
this Section 8 or the omission to state therein a material fact
required, when considered in conjunction with the related
Prospectus and Prospectus Supplement, to be stated therein or
necessary to make the statements therein, when read in
conjunction with the related Prospectus and Prospectus
- 25 -
<PAGE>
Supplement, not misleading, or if it shall be necessary to amend
or supplement any Current Report relating to any Computational
Materials or Structural Term Sheets to comply with the Act or the
rules thereunder, the Underwriter promptly will prepare and
furnish to the Company for filing with the Commission an
amendment or supplement which will correct such statement or
omission or an amendment which will effect such compliance. The
Underwriter represents and warrants to the Company, as of the
date of delivery of such amendment or supplement to the Company,
that such amendment or supplement will not include any untrue
statement of a material fact or, when read in conjunction with
the related Prospectus and Prospectus Supplement, omit to state a
material fact required to be stated therein or necessary to make
the statements therein not misleading; provided, however, that
the Underwriter makes no representation or warranty as to whether
any such amendment or supplement will include any untrue
statement resulting directly from any Mortgage Pool Error (except
any Corrected Mortgage Pool Error, with respect to any such
amendment or supplement prepared after the receipt by the
Underwriter from the Company of notice of such Corrected Mortgage
Pool Error or materials superseding or correcting such Corrected
Mortgage Pool Error). The Company shall have no obligation to
file such amendment or supplement if the Company determines that
(i) such amendment or supplement contains any untrue statement of
a material fact or, when read in conjunction with the related
Prospectus and Prospectus Supplement, omits to state a material
fact required to be stated therein or necessary to make the
statements therein not misleading; it being understood, however,
that the Company shall have no obligation to review or pass upon
the accuracy or adequacy of, or to correct, any such amendment or
supplement provided by the Underwriter to the Company pursuant to
this paragraph (e) or (ii) such filing is not required under the
Act.
9. Collateral Term Sheets. (a) Prior to the delivery
of any "Collateral Term Sheet" within the meaning of the PSA
Letter, the filing of which material is a condition of the relief
granted in such letter (such material being the "Collateral Term
Sheets"), to a prospective investor in any Offered Certificates,
the Underwriter shall, in order to facilitate the timely filing
of such material with the Commission, notify the Company and its
counsel by telephone of its intention to deliver such materials
and the approximate date on which the first such delivery of such
materials is expected to occur. Not later than 10:30 a.m., New
York time, on the business day immediately following the date on
which any Collateral Term Sheet was first delivered to a
prospective investor in such Offered Certificates, the
Underwriter shall deliver to the Company five complete copies of
all materials provided by the Underwriter to prospective
investors in the Offered Certificates that constitute "Collateral
Term Sheets." Each delivery of a Collateral Term Sheet to the
Company pursuant to this paragraph
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<PAGE>
(a) shall be effected by delivering four copies of such materials
to counsel for the Company on behalf of the Company at the
address specified in Section 3 hereof and one copy of such
materials to the Company. (Collateral Term Sheets and Structural
Term Sheets are, together, referred to herein as "ABS Term
Sheets.") At the time of each such delivery, the Underwriter
shall indicate in writing that the materials being delivered
constitute Collateral Term Sheets, and, if there has been any
prior such delivery with respect to the related Series, shall
indicate whether such materials differ in any material respect
from any Collateral Term Sheets previously delivered to the
Company with respect to such Series pursuant to this Section 9(a)
as a result of the occurrence of a material change in the
characteristics of the related Mortgage Loans.
(b) The Underwriter represents and warrants to and
agrees with the Company as of the date of the related Terms
Agreement and as of the Closing Date, that:
(i) The Collateral Term Sheets furnished to
the Company pursuant to Section 9(a) constitute all of the
materials furnished to prospective investors by the
Underwriter prior to time of delivery thereof to the
Company that are required to be filed with the Commission
as "Collateral Term Sheets" with respect to the related
Offered Certificates in accordance with the PSA Letter, and
such Collateral Term Sheets comply with the requirements of
the PSA Letter; and
(ii) On the date any such Collateral Term
Sheets with respect to such Offered Certificates were last
furnished to each prospective investor and on the date of
delivery thereof to the Company pursuant to Section 9(a)
and on the related Closing Date, such Collateral Term
Sheets did not and will not include any untrue statement of
a material fact or, when read in conjunction with the
Prospectus and Prospectus Supplement, omit to state a
material fact required to be stated therein or necessary to
make the statements therein not misleading.
Notwithstanding the foregoing, the Underwriter makes no
representation or warranty as to whether any Collateral Term
Sheet included or will include any untrue statement or material
omission resulting directly from any Mortgage Pool Error (except
any Corrected Mortgage Pool Error, with respect to materials
prepared after the receipt by the Underwriter from the Company of
notice of such Corrected Mortgage Pool Error or materials
superseding or correcting such Corrected Mortgage Pool Error).
(c) The Underwriter acknowledges and agrees that any
Collateral Term Sheets with respect to any Series of Certificates
furnished to prospective investors from and after the date hereof
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<PAGE>
will have been prepared and disseminated by the Underwriter and
not by or on behalf of the Company, and that such materials shall
include a disclaimer in form satisfactory to the Company to the
effect set forth in Section 8(d) hereof, and to the effect that
the information contained in such materials supersedes the
information contained in any prior Collateral Term Sheet with
respect to such Series of Offered Certificates and will be
superseded by the description of the related Mortgage Loans in
the related Prospectus Supplement and in the Detailed Description
relating to such Prospectus Supplement to be filed under cover of
Form 8-K. The Underwriter agrees that it will not represent to
prospective investors that any Collateral Term Sheets were
prepared or disseminated on behalf of the Company.
(d) If, at any time when a prospectus relating to the
Offered Certificates of a Series is required to be delivered
under the Act, it shall be necessary to amend or supplement the
related Prospectus as a result of an untrue statement of a
material fact contained in any Collateral Term Sheets provided by
the Underwriter pursuant to this Section 9 or the omission to
state therein a material fact required, when considered in
conjunction with the related Prospectus and Prospectus
Supplement, to be stated therein or necessary to make the
statements therein, when read in conjunction with the related
Prospectus and Prospectus Supplement, not misleading, or if it
shall be necessary to amend or supplement any Current Report
relating to any Collateral Term Sheets to comply with the Act or
the rules thereunder, the Underwriter promptly will prepare and
furnish to the Company for filing with the Commission an
amendment or supplement which will correct such statement or
omission or an amendment which will effect such compliance. The
Underwriter represents and warrants to the Company, as of the
date of delivery of such amendment or supplement to the Company,
that such amendment or supplement will not include any untrue
statement of a material fact or, when read in conjunction with
the related Prospectus and Prospectus Supplement, omit to state a
material fact required to be stated therein or necessary to make
the statements therein not misleading; provided, however, the
Underwriter makes no representation or warranty as to whether any
such amendment or supplement will include any untrue statement
resulting directly from any Mortgage Pool Error (except any
Corrected Mortgage Pool Error, with respect to any such amendment
or supplement prepared after the receipt by the Underwriter from
the Company of notice of such Corrected Mortgage Pool Error or
materials superseding or correcting such Corrected Mortgage Pool
Error). The Company shall have no obligation to file such
amendment or supplement if the Company determines that (i) such
amendment or supplement contains any untrue statement of a
material fact or, when read in conjunction with the related
Prospectus and Prospectus Supplement, omits to state a material
fact required to be stated therein or necessary to make the
statements therein not misleading; it being understood, however,
- 28 -
<PAGE>
that the Company shall have no obligation to review or pass upon
the accuracy or adequacy of, or to correct, any such amendment or
supplement provided by the Underwriter to the Company pursuant to
this paragraph (d) or (ii) such filing is not required under the
Act.
10. Termination. This Agreement (with respect to a
particular Certificate Offering) and the related Terms Agreement
shall be subject to termination in the absolute discretion of the
Underwriter, by notice given to the Company prior to delivery of
and payment for the related Offered Certificates, if prior to the
related Closing Date (i) trading in securities generally on the
New York Stock Exchange shall have been suspended or materially
limited, (ii) a general moratorium on commercial banking
activities in New York shall have been declared by either federal
or New York State authorities, or (iii) there shall have occurred
any outbreak or material escalation of hostilities or other
calamity or crisis the effect of which on the financial markets
of the United States is such as to make it, in the reasonable
judgment of the Underwriter, impracticable to market such Offered
Certificates.
11. Representations and Indemnities to Survive
Delivery. The agreements, representations, warranties,
indemnities and other statements of the Company or its officers
and of the Underwriter set forth in or made pursuant to this
Agreement and the related Terms Agreement will remain in full
force and effect, regardless of any investigation made by or on
behalf of the Underwriter or the Company or any of the officers,
directors or controlling persons referred to in Section 7 hereof,
and will survive delivery of and payment for the related Offered
Certificates. The provisions of Section 7 hereof shall survive
the termination or cancellation of this Agreement and the related
Terms Agreement.
12. Successors. This Agreement and the related Terms
Agreement will inure to the benefit of and be binding upon the
parties hereto and thereto and their respective successors and
the officers, directors and controlling persons referred to in
Section 7 hereof, and their successors and assigns, and no other
person will have any right or obligation hereunder or thereunder.
No purchaser of any Offered Certificate from the Underwriter
shall be deemed a successor or assign by reason of such purchase.
13. APPLICABLE LAW. THIS AGREEMENT AND THE RELATED
TERMS AGREEMENT WILL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE
WITH, THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS
MADE AND TO BE PERFORMED THEREIN.
14. Miscellaneous. This Agreement, as supplemented by
the related Terms Agreement, supersedes all prior and
contemporaneous agreements and understandings relating to the
- 29 -
<PAGE>
subject matter hereof. This Agreement and the related Terms
Agreement or any term of each may not be changed, waived,
discharged or terminated except by an affirmative written
agreement made by the party against whom enforcement of the
change, waiver, discharge or termination is sought. The headings
in this Agreement and the related Terms Agreement are for
purposes of reference only and shall not limit or otherwise
affect the meaning hereof or thereof.
15. Notices. All communications hereunder will be in
writing and effective only on receipt, and, if sent to the
Underwriter, will be delivered to it at the address first above
written; or if sent to the Company, will be delivered to GE
Capital Mortgage Services, Inc., Three Executive Campus, Cherry
Hill, New Jersey 08002, Attention: General Counsel.
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<PAGE>
If the foregoing is in accordance with your
understanding of our agreement, please sign and return to the
undersigned a counterpart hereof, whereupon this letter and your
acceptance shall represent a binding agreement between the
Company and the Underwriter.
Very truly yours,
GE CAPITAL MORTGAGE SERVICES, INC.
By:______________________________
Name:
Title:
The foregoing Agreement is
hereby confirmed and accepted
as of the date first above written.
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
By:_________________________________
Name:
Title:
<PAGE>
EXHIBIT A
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATES
SERIES ____-__
TERMS AGREEMENT
(to Underwriting Agreement,
dated January 22, 1998
between the Company and the Underwriter)
GE Capital Mortgage Services, Inc. New York, New York
Three Executive Campus [Date]
Cherry Hill, NJ 08002
Merrill Lynch, Pierce, Fenner & Smith Incorporated
(the "Underwriter") agrees, subject to the terms and provisions
herein and of the captioned Underwriting Agreement (the
"Underwriting Agreement"), to purchase such Classes of Series
____-__ Certificates specified in Section 2(a) hereof (the
"Offered Certificates"). This letter supplements and modifies the
Underwriting Agreement solely as it relates to the purchase and
sale of the Offered Certificates described below. The Series
____-__ Certificates are registered with the Securities and
Exchange Commission by means of an effective Registration
Statement (No. 33-___). Capitalized terms used and not defined
herein have the meanings given them in the Underwriting
Agreement.
Section 1. The Mortgage Pool: The Series ____-__
Certificates shall evidence the entire beneficial ownership
interest in a mortgage pool (the "Mortgage Pool") of
conventional, fixed rate, fully amortizing one- to four-family
residential mortgage loans (the "Mortgage Loans") having the
following characteristics as of ________ __, ____ (the "Cut-off
Date"):
(a) Aggregate Principal Amount of the Mortgage Pool:
$[ ] aggregate principal balance as of the Cutoff Date,
subject to [an upward or downward variance of up to [ ]%,
the precise aggregate principal balance to be determined by
the Company][a permitted variance such that the aggregate
Scheduled Principal Balance thereof will be not less than
$[ ] or greater than $[ ]].
(b) Original Terms to Maturity: The original term to
maturity of each Mortgage Loan included in the Mortgage Pool
shall be between ___ and ___ years.
A-1
<PAGE>
Section 2. The Certificates: The Offered
Certificates shall be issued as follows:
(a) Classes: The Offered Certificates shall be issued
with the following Class designations, interest rates and
principal balances, subject in the aggregate to the
variance referred to in Section 1(a)[and, as to any
particular Class, to an upward or downward variance of up
to [ ]%]:
Principal Interest Class Purchase
Class Balance Rate Price Percentage
- ----- ------- ---- ----------------
(b) The Offered Certificates shall have such other
characteristics as described in the related Prospectus.
Section 3. Purchase Price: The Purchase Price for each
Class of the Offered Certificates shall be the Class Purchase
Price Percentage therefor (as set forth in Section 2(a) above) of
the initial Class Certificates Principal Balance thereof plus
accrued interest at the rate of [ ]% per annum from and including
the Cut-off Date up to, but not including, _________ __, ____
(the "Closing Date").
Section 4. Required Ratings: The Offered
Certificates shall have received Required Ratings of at least
[ ] from [ ].
Section 5. Tax Treatment: [One or more elections
will be made to treat the assets of the Trust Fund as a REMIC.]
[The Trust Fund will be treated as a "grantor trust" for federal
income tax purposes.]
[Section 6. Additional Expenses:]*
- --------
* to be inserted if applicable.
A-2
<PAGE>
If the foregoing is in accordance with your
understanding of our agreement, please sign and return to the
undersigned a counterpart hereof, whereupon this letter and your
acceptance shall represent a binding agreement between the
Underwriter and the Company.
Very truly yours,
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
By:__________________________________
Name:
Title:
The foregoing Agreement is
hereby confirmed and accepted
as of the date first above written.
GE CAPITAL MORTGAGE SERVICES, INC.
By:_______________________________
Name:
Title:
A-3
<PAGE>
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATES
SERIES 1998-25
TERMS AGREEMENT
(to Underwriting Agreement,
dated January 22, 1998,
between the Company and the Underwriter)
GE Capital Mortgage Services, Inc. New York, New York
Three Executive Campus December 22, 1998
Cherry Hill, NJ 08002
Merrill Lynch, Pierce, Fenner & Smith Incorporated (the "Underwriter")
agrees, subject to the terms and provisions herein and of the captioned
Underwriting Agreement (the "Underwriting Agreement"), to purchase the Classes
of Series 1998-25 Certificates specified in Section 2(a) hereof (the "Offered
Certificates"). This Terms Agreement supplements and modifies the Underwriting
Agreement solely as it relates to the purchase and sale of the Offered
Certificates described below. The Series 1998-25 Certificates are registered
with the Securities and Exchange Commission by means of an effective
Registration Statement (No. 333-51151). Capitalized terms used and not defined
herein have the meanings given them in the Underwriting Agreement.
Section 1. The Mortgage Pool: The Series 1998-25 Certificates shall
evidence the entire beneficial ownership interest in a mortgage pool (the
"Mortgage Pool") of conventional, fixed-rate, first-lien, fully-amortizing, one-
to four-family residential mortgage loans (the "Mortgage Loans") having the
following characteristics as of December 1, 1998 (the "Cut-off Date"):
(a) Aggregate Principal Amount of the Mortgage Pool: $1,000,618,670
aggregate principal balance as of the Cut-off Date, subject to a permitted
variance such that the aggregate original Certificate Principal Balance will be
not less than $1,000,000,000.00 or greater than $1,050,000,000.00.
(b) Original Terms to Maturity: The original term to maturity of
substantially all of the Mortgage Loans included in the Mortgage Pool shall be
between 20 and 30 years.
Section 2.
The Certificates: The Offered Certificates shall be issued as follows:
(a) Classes: The Offered Certificates shall be issued with the following
Class designations, interest rates and principal balances, subject in the
aggregate to the variance referred to in Section 1(a):
Class
Principal Interest Purchase Price
Class Balance Rate Percentage
- ----- ------- ---- ----------
Class A1 15,000,000.00 6.25% 98.4453125%
Class A2 14,845,950.00 (1) 98.4453125%
Class A3 65,985,604.00 6.25% 98.4453125%
Class A4 100,203,968.00 6.75% 98.4453125%
Class A5 137,449,250.00 6.00% 98.4453125%
Class A6 1,445,831.00 (2) 98.4453125%
Class A7 20,040,801.00 6.00% 98.4453125%
Class A8 183,995,000.00 6.25% 98.4453125%
Class A9 225,000,000.00 6.25% 98.4453125%
Class A10 7,259,090.00 6.25% 98.4453125%
Class A11 25,000,000.00 6.25% 98.4453125%
Class A12 5,835,000.00 6.50% 98.4453125%
Class A13 6,392,875.00 6.50% 98.4453125%
Class A14 13,000,000.00 6.50% 98.4453125%
Class A15 5,344,543.00 (1) 98.4453125%
Class A16 61,566,900.00 6.00% 98.4453125%
Class A17 21,268,118.00 6.00% 98.4453125%
Class A18 40,000,000.00 6.50% 98.4453125%
Class A19 2,500,000.00 6.50% 98.4453125%
Class A20 2,500,000.00 6.50% 98.4453125%
Class A21 2,500,000.00 6.50% 98.4453125%
Class A22 3,335,017.00 6.50% 98.4453125%
Class R 100.00 6.25% 98.4453125%
Class M 18,511,445.00 6.25% 94.9296875%
Class B1 8,004,949.00 6.25% 92.8828125%
Class B2 4,502,784.00 6.25% 85.1406250%
- --------------------------------------------------------------------------------
(1) The Class A2 and Class A15 Certificates will accrue interest at the
floating rates described in the Prospectus.
(2) The Class A6 Certificates are principal-only Certificates and will not
accrue interest.
(b) The Offered Certificates shall have such other characteristics as
described in the related Prospectus.
Section 3. Purchase Price: The Purchase Price for each Class of the Offered
Certificates shall be the Class Purchase Price Percentage therefor (as set forth
in Section 2(a) above) of the initial Class Certificate Principal Balance
thereof plus accrued interest at the initial interest rate per annum from and
including the Cut-off Date up to, but not including, December 30, 1998 (the
"Closing Date").
Section 4. Required Ratings: The Offered Certificates except for the Class
A6, Class A15, Class M, Class B1 and Class B2 Certificates shall have received
Required Ratings of at least "AAA" from each of Fitch IBCA, Inc. ("Fitch") and
Standard & Poor's Rating Services, a division of The McGraw-Hill Companies, Inc.
("S&P"), respectively. The Class A6 and Class A15 Certificates shall have
received Required Ratings of at least "AAA" by Fitch and "AAAr" by S&P. The
Class M, Class B1 and Class B2 Certificates shall have received Required Ratings
of "AA," "A" and "BBB," respectively, from Fitch.
Section 5. Tax Treatment: One or more elections will be made to treat the
assets of the Trust Fund as a REMIC.
Section 6. Rounding Account: On the Closing Date, the Underwriter shall
deliver to the Trustee by wire transfer or by certified check an amount equal to
$999.99 for deposit in the Rounding Account (as such term is defined in the
Prospectus Supplement).
<PAGE>
If the foregoing is in accordance with your understanding of our agreement,
please sign and return to the undersigned a counterpart hereof, whereupon this
letter and your acceptance shall represent a binding agreement between the
Underwriter and the Company.
Very truly yours,
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
By:______________________________________
Name:
Title:
The foregoing Agreement is hereby confirmed and accepted as of the date hereof.
GE CAPITAL MORTGAGE SERVICES, INC.
By:______________________________________
Name:
Title:
<PAGE>
EXECUTION
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATES
SERIES 1999-1
TERMS AGREEMENT
(to Underwriting Agreement,
dated January 22, 1998,
between the Company and the Underwriter)
GE Capital Mortgage Services, Inc. New York, New York
Three Executive Campus January 21, 1999
Cherry Hill, NJ 08002
Merrill Lynch, Pierce, Fenner & Smith Incorporated (the "Underwriter")
agrees, subject to the terms and provisions herein and of the captioned
Underwriting Agreement (the "Underwriting Agreement"), to purchase the Classes
of Series 1999-1 Certificates specified in Section 2(a) hereof (the "Offered
Certificates"). This Terms Agreement supplements and modifies the Underwriting
Agreement solely as it relates to the purchase and sale of the Offered
Certificates described below. The Series 1999-1 Certificates are registered with
the Securities and Exchange Commission by means of an effective Registration
Statement (No. 333-51151). Capitalized terms used and not defined herein have
the meanings given them in the Underwriting Agreement.
Section 1. The Mortgage Pool: The Series 1999-1 Certificates shall evidence
the entire beneficial ownership interest in a mortgage pool (the "Mortgage
Pool") of conventional, fixed-rate, first-lien, fully-amortizing, one- to
four-family residential mortgage loans (the "Mortgage Loans") having the
following characteristics as of January 1, 1999 (the "Cut-off Date"):
(a) Aggregate Principal Amount of the Mortgage Pool: $704,839,385.99
aggregate principal balance as of the Cut-off Date, subject to a permitted
variance such that the aggregate original Certificate Principal Balance will be
not less than $665,000,000 or greater than $735,000,000.
(b) Original Terms to Maturity: The original term to maturity of
substantially all of the Mortgage Loans included in the Mortgage Pool shall be
between 20 and 30 years.
<PAGE>
Section 2.
The Certificates: The Offered Certificates shall be issued as follows:
(a) Classes: The Offered Certificates shall be issued with the following
Class designations, interest rates and principal balances, subject in the
aggregate to the variance referred to in Section 1(a):
Class
Principal Interest Purchase Price
Class Balance Rate Percentage
- ----- ------- ---- ----------
Class A1 $ 67,565,789.00 6.50% 99.664062%
Class A2 $571,282,002.00 6.50% 99.664062%
Class A3 $1,400,000.00 6.50% 99.664062%
Class A4 $8,341,146.00 6.50% 99.664062%
Class A5 $7,568,854.00 6.50% 99.664062%
Class A6 $3,500,000.00 6.50% 99.664062%
Class A7 $2,100,000.00 (2) 99.664062%
Class A8 $1,400,000.00 6.50% 99.664062%
Class A9 $1,400,000.00 6.50% 99.664062%
Class A10 $1,400,000.00 6.50% 99.664062%
Class A11 $1,400,000.00 6.50% 99.664062%
Class A12 $3,000,000.00 6.50% 99.664062%
Class A13 $3,300,000.00 (3) 99.664062%
Class A14 $1,000,000.00 6.50% 99.664062%
Class A15 $1,000,000.00 6.50% 99.664062%
Class R $100.00 6.50% 99.664062%
Class M $13,039,528.00 6.50% 98.859375%
Class B1 $5,638,715.00 6.50% 96.671875%
Class B2 $3,171,777.00 6.50% 91.000000%
- -------------------------------------------------------------------------------
(1) The Class A7 Certificates will accrue interest at the rate of 8.00% per
annum for all Distribution Dates to and including the Distribution Date
in January 2000, at the rate of 7.00% per annum for any Distribution
Date occurring in February 2000 and each month thereafter through
January 2001, and at the rate of 6.50% per annum for any Distribution
Date in or after February 2001.
(2) The Class A13 Certificates will accrue interest at the rate of 8.00%
per annum for all Distribution Dates to and including the Distribution
Date in January 2000, and at the rate of 6.50% per annum for any
Distribution Date in or after February 2000.
(b) The Offered Certificates shall have such other characteristics as
described in the related Prospectus.
Section 3. Purchase Price: The Purchase Price for each Class of the Offered
Certificates shall be the Class Purchase Price Percentage therefor (as set forth
in Section 2(a) above) of the initial Class Certificate Principal Balance
thereof plus accrued interest at the initial interest rate per annum from and
including the Cut-off Date up to, but not including, January 28, 1999 (the
"Closing Date").
Section 4. Required Ratings: The Offered Certificates except for the Class
M, Class B1 and Class B2 Certificates shall have received Required Ratings of at
least "AAA" from each of Fitch IBCA, Inc. ("Fitch") and Standard & Poor's Rating
Services, a division of The McGraw-Hill Companies, Inc. ("S&P"), respectively.
The Class M, Class B1 and Class B2 Certificates shall have received Required
Ratings of "AA," "A" and "BBB," respectively, from Fitch.
Section 5. Tax Treatment: One or more elections will be made to treat the
assets of the Trust Fund as a REMIC.
Section 6. Rounding Account: On the Closing Date, the Underwriter shall
deliver to the Trustee by wire transfer or by certified check an amount equal to
$999.99 for deposit in each Rounding Account (as such term is defined in the
Prospectus Supplement).
<PAGE>
If the foregoing is in accordance with your understanding of our agreement,
please sign and return to the undersigned a counterpart hereof, whereupon this
letter and your acceptance shall represent a binding agreement between the
Underwriter and the Company.
Very truly yours,
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
By:__________________________________
Name:
Title:
The foregoing Agreement
is hereby confirmed and
accepted as of the date hereof.
GE CAPITAL MORTGAGE SERVICES, INC.
By:________________________________
Name:
Title:
EXECUTION
================================================================================
GE CAPITAL MORTGAGE SERVICES, INC.,
Seller and Servicer
and
STATE STREET BANK AND TRUST COMPANY,
Trustee
POOLING AND SERVICING AGREEMENT
Dated as of January 1, 1999
REMIC Multi-Class Pass-Through Certificates,
Series 1999-1
================================================================================
<PAGE>
Table of Contents
Page
ARTICLE I
DEFINITIONS
Section 1.01.Definitions ......................................................1
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01. Conveyance of Mortgage Loans ...................................34
Section 2.02. Acceptance by Trustee ..........................................38
Section 2.03. Representations and Warranties of the Company; Mortgage Loan
Repurchase ..................................................39
Section 2.04. Execution of Certificates ......................................45
Section 2.05. Designations under the REMIC Provisions ........................46
ARTICLE III
ADMINISTRATION AND SERVICING OF MORTGAGE LOANS
Section 3.01. Company to Act as Servicer .....................................46
Section 3.02. Collection of Certain Mortgage Loan Payments; Mortgage Loan
Payment Record; Certificate Account .........................50
Section 3.03. Collection of Taxes, Assessments and Other Items ...............52
Section 3.04. Permitted Debits to the Mortgage Loan Payment Record ...........53
Section 3.05. Maintenance of the Primary Insurance Policies ..................54
Section 3.06. Maintenance of Hazard Insurance ................................55
Section 3.07. Assumption and Modification Agreements .........................55
Section 3.08. Realization Upon Defaulted Mortgage Loans ......................56
Section 3.09. Trustee to Cooperate; Release of Mortgage Files ................59
Section 3.10. Servicing Compensation; Payment of Certain Expenses by
the Company .................................................59
Section 3.11. Reports to the Trustee; Certificate Account Statements .........60
Section 3.12. Annual Statement as to Compliance ..............................60
Section 3.13. Annual Independent Public Accountants' Servicing Report ........60
Section 3.14. Access to Certain Documentation and Information Regarding
the Mortgage Loans ..........................................61
Section 3.15. Maintenance of Certain Servicing Policies ......................61
Section 3.16. Optional Purchase of Defaulted Mortgage Loans ..................61
Section 3.17. Class A7 and Class A13 Interest Accounts .......................61
ARTICLE IV
PAYMENTS AND STATEMENTS
Section 4.01. Distributions ..................................................63
Section 4.02. Method of Distribution .........................................68
Section 4.03. Allocation of Losses ...........................................69
Section 4.04. Monthly Advances; Purchases of Defaulted Mortgage Loans ........70
Section 4.05. Statements to Certificateholders ...............................71
Section 4.06. Servicer's Certificate .........................................73
Section 4.07. Reports of Foreclosures and Abandonments of Mortgaged
Property ....................................................73
Section 4.08. Reduction of Base Servicing Fees by Compensating Interest
Payments ....................................................74
Section 4.09. Surety Bond ....................................................74
Section 4.10. Distributions to Holders of Class A6, Class A12, Class A14
and Class A15 Certificates ..................................74
ARTICLE V
THE CERTIFICATES
Section 5.01. The Certificates ...............................................79
Section 5.02. Registration of Transfer and Exchange of Certificates ..........81
Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates ..............86
Section 5.04. Persons Deemed Owners ..........................................87
Section 5.05. Access to List of Certificateholders' Names and Addresses ......87
Section 5.06. Representation of Certain Certificateholders ...................87
Section 5.07. Determination of COFI ..........................................87
Section 5.08. Determination of LIBOR .........................................88
ARTICLE VI
THE COMPANY
Section 6.01. Liability of the Company .......................................89
Section 6.02. Merger or Consolidation of, or Assumption of the Obligations
of, the Company .............................................90
Section 6.03. Assignment .....................................................90
Section 6.04. Limitation on Liability of the Company and Others ..............90
Section 6.05. The Company Not to Resign ......................................91
ARTICLE VII
DEFAULT
Section 7.01. Events of Default ..............................................91
Section 7.02. Trustee to Act; Appointment of Successor .......................92
Section 7.03. Notification to Certificateholders .............................93
ARTICLE VIII
THE TRUSTEE
Section 8.01. Duties of Trustee ..............................................93
Section 8.02. Certain Matters Affecting the Trustee ..........................95
Section 8.03. Trustee Not Liable for Certificates or Mortgage Loans ..........96
Section 8.04. Trustee May Own Certificates ...................................96
Section 8.05. The Company to Pay Trustee's Fees and Expenses .................96
Section 8.06. Eligibility Requirements for Trustee ...........................96
Section 8.07. Resignation or Removal of Trustee ..............................97
Section 8.08. Successor Trustee ..............................................97
Section 8.09. Merger or Consolidation of Trustee .............................98
Section 8.10. Appointment of Co-Trustee or Separate Trustee ..................98
Section 8.11. Compliance with REMIC Provisions; Tax Returns ..................99
ARTICLE IX
TERMINATION
Section 9.01. Termination upon Repurchase by the Company or Liquidation of All
Mortgage Loans .............................................100
Section 9.02. Additional Termination Requirements ...........................101
ARTICLE X
MISCELLANEOUS PROVISIONS
Section 10.01. Amendment ....................................................102
Section 10.02. Recordation of Agreement .....................................103
Section 10.03. Limitation on Rights of Certificateholders ...................103
Section 10.04. Governing Law ................................................104
Section 10.05. Notices ......................................................104
Section 10.06. Notices to the Rating Agencies ...............................104
Section 10.07. Severability of Provisions ...................................104
Section 10.08. Certificates Nonassessable and Fully Paid ....................105
<PAGE>
Exhibits
EXHIBIT A Forms of Certificates
EXHIBIT B Principal Balance Schedules
EXHIBIT C Mortgage Loans (including list of Cooperative Loans)
EXHIBIT D Form of Servicer's Certificate
EXHIBIT E Form of Transfer Certificate as to ERISA Matters for Definitive
ERISA-Restricted Certificates
EXHIBIT F Form of Residual Certificate Transferee Affidavit
EXHIBIT G Form of Residual Certificate Transferor Letter
EXHIBIT H Additional Servicer Compensation
EXHIBIT I Form of Investment Letter for Definitive Restricted Certificates
EXHIBIT J Form of Distribution Date Statement
EXHIBIT K Form of Special Servicing and Collateral Fund Agreement
EXHIBIT L Form of Lost Note Affidavit and Agreement
EXHIBIT M Schedule of Designated Loans
EXHIBIT N Schedule of Pledged Asset Mortgage Loans
EXHIBIT O Senior Principal Priorities
<PAGE>
THIS POOLING AND SERVICING AGREEMENT, dated as of January 1, 1999, between
GE CAPITAL MORTGAGE SERVICES, INC., a corporation organized and existing under
the laws of the State of New Jersey, and STATE STREET BANK AND TRUST COMPANY, a
Massachusetts banking corporation, as Trustee.
W I T N E S S E T H T H A T :
-------------------------------
In consideration of the mutual agreements herein contained, GE Capital
Mortgage Services, Inc. and State Street Bank and Trust Company agree as
follows:
ARTICLE I
DEFINITIONS
Section 1.01. Definitions. Whenever used in this Agreement, the following
words and phrases, unless the context otherwise requires, shall have the
following meanings:
Accretion Directed Certificate: None.
Accretion Directed Component: None.
Accretion Termination Date: None.
Accrual Amount: As to any Class of Accrual Certificates and any Accrual
Component and each Distribution Date through the related Accretion Termination
Date, the sum of (x) any amount of Accrued Certificate Interest allocable to
such Class or Component pursuant to Section 4.01(a)(i) on such Distribution Date
and (y) any amount of Unpaid Class Interest Shortfall allocable to such Class or
Component pursuant to Section 4.01(a)(ii) on such Distribution Date, to the
extent that such amounts are distributed to any Accretion Directed Certificates
and any Accretion Directed Components pursuant to Section 4.01(e). As to any
Class of Accrual Certificates and any Accrual Component and each Distribution
Date after the related Accretion Termination Date, zero.
Accrual Certificates: None.
Accrual Component: None.
Accrued Certificate Interest: As to any Distribution Date and any Class of
Certificates (other than any Class of Principal Only Certificates and any Class
of Certificates consisting of Specified Components), interest accrued during the
related Interest Accrual Period at the applicable Certificate Interest Rate on
the Class Certificate Principal Balance (or, in the case of any Class of
Notional Certificates, on the aggregate Notional Principal Balance) thereof
immediately prior to such Distribution Date, calculated on the basis of a
360-day year consisting of twelve 30-day months. As to any Distribution Date and
any Specified Component (other than any Principal Only Component), interest
accrued during the related Interest Accrual Period at the applicable Component
Interest Rate on the Component Principal Balance (or Notional Component
Principal Balance) thereof immediately prior to such Distribution Date,
calculated on the basis of a 360-day year consisting of twelve 30-day months. As
to any Distribution Date and any Class of Certificates consisting of Specified
Components, the aggregate of Accrued Certificate Interest on such Specified
Components for such Distribution Date.
Accrued Certificate Interest on each Class of Certificates (other than any
Class of Principal Only Certificates and any Class of Certificates consisting of
Specified Components) and any Specified Component (other than any Principal Only
Component) shall be reduced by such Class's or Specified Component's share of
the amount of any Net Interest Shortfall and Certificate Interest Losses for
such Distribution Date. Any Net Interest Shortfall and Certificate Interest
Losses shall be allocated among (x) the Classes of Certificates (other than any
Class of Principal Only Certificates and any Class of Certificates consisting of
Specified Components) and (y) the Specified Components (other than any Principal
Only Component) of any Component Certificate in proportion to the respective
amounts of Accrued Certificate Interest that would have resulted absent such
shortfall or losses.
Additional Collateral: With respect to any Mortgage 100SM Loan, the
marketable securities held from time to time as security for the repayment of
such Mortgage 100SM Loan and any related collateral. With respect to any Parent
PowerSM Loan, the third-party guarantee for such Parent PowerSM Loan, together
with (i) any marketable securities held from time to time as security for the
performance of such guarantee and any related collateral or (ii) any mortgaged
property securing the performance of such guarantee, the related home equity
line of credit loan and any related collateral.
Agreement: This Pooling and Servicing Agreement and all amendments hereof
and supplements hereto.
Allocable Share: (a) As to any Distribution Date and amounts distributable
pursuant to clauses (i) and (iii) of the definition of Junior Optimal Principal
Amount, and as to each Class of Junior Certificates, the fraction, expressed as
a percentage, the numerator of which is the Class Certificate Principal Balance
of such Class and the denominator of which is the aggregate Class Certificate
Principal Balance of the Junior Certificates.
(b) As to any Distribution Date and amounts distributable pursuant to
clauses (ii), (iv) and (v) of the definition of Junior Optimal Principal Amount,
and as to the Class M Certificates and each Class of Class B Certificates for
which the related Prepayment Distribution Trigger has been satisfied on such
Distribution Date, the fraction, expressed as a percentage, the numerator of
which is the Class Certificate Principal Balance of such Class and the
denominator of which is the aggregate Class Certificate Principal Balance of all
such Classes. As to any Distribution Date and each Class of Class B Certificates
for which the related Prepayment Distribution Trigger has not been satisfied on
such Distribution Date, 0%.
Amortization Payment: As to any REO Mortgage Loan and any month, the
payment of principal and accrued interest due in such month in accordance with
the terms of the related Mortgage Note as contemplated by Section 3.08(b).
Amount Held for Future Distribution: As to each Distribution Date, the
total of all amounts credited to the Mortgage Loan Payment Record as of the
preceding Determination Date on account of (i) Principal Prepayments, Insurance
Proceeds and Liquidation Proceeds received subsequent to the preceding
Prepayment Period applicable to such receipts, and (ii) monthly payments of
principal and interest due subsequent to the preceding Due Date.
Anniversary Determination Date: The Determination Date occurring in
February of each year that the Certificates are outstanding, commencing in
February 2000.
Assignment of Proprietary Lease: With respect to a Cooperative Loan, the
assignment of the related Proprietary Lease from the Mortgagor to the originator
of the Cooperative Loan.
Assumed Monthly Payment Reduction: As of any Anniversary Determination Date
and as to any Non-Primary Residence Loan remaining in the Mortgage Pool whose
original principal balance was 80% or greater of the Original Value thereof, the
excess of (i) the Monthly Payment thereof calculated on the assumption that the
Mortgage Rate thereon was equal to the weighted average (by principal balance)
of the Remittance Rates of all Outstanding Mortgage Loans (the "Weighted Average
Rate") as of such Anniversary Determination Date over (ii) the Monthly Payment
thereof calculated on the assumption that the Remittance Rate thereon was equal
to the Weighted Average Rate less 1.25% per annum.
Available Funds: As to each Distribution Date, an amount equal to the sum
of (i) all amounts credited to the Mortgage Loan Payment Record pursuant to
Section 3.02 as of the preceding Determination Date, (ii) any Monthly Advance
and any Compensating Interest Payment for such Distribution Date, (iii) the
Purchase Price of any Defective Mortgage Loans and Defaulted Mortgage Loans
deposited in the Certificate Account on the Business Day preceding such
Distribution Date (including any amounts deposited in the Certificate Account in
connection with any substitution of a Mortgage Loan as specified in Section
2.03(b)), and (iv) the purchase price of any defaulted Mortgage Loan purchased
under an agreement entered into pursuant to Section 3.08(e) as of the end of the
preceding Prepayment Period less the sum of (x) the Amount Held for Future
Distribution, (y) the amount of any Unanticipated Recovery credited to the
Mortgage Loan Payment Record pursuant to clause (vi) of Section 3.02(b), and (z)
amounts permitted to be debited from the Mortgage Loan Payment Record pursuant
to clauses (i) through (vii) and (ix) of Section 3.04.
Bankruptcy Coverage Termination Date: The Distribution Date upon which the
Bankruptcy Loss Amount has been reduced to zero or a negative number (or the
Cross-Over Date, if earlier).
Bankruptcy Loss Amount: As of any Determination Date prior to the first
Anniversary Determination Date, the Bankruptcy Loss Amount shall equal $234,320,
as reduced by the aggregate amount of Deficient Valuations and Debt Service
Reductions since the Cut-off Date. As of any Determination Date after the first
Anniversary Determination Date, other than an Anniversary Determination Date,
the Bankruptcy Loss Amount shall equal the Bankruptcy Loss Amount on the
immediately preceding Anniversary Determination Date as reduced by the aggregate
amount of Deficient Valuations and Debt Service Reductions since such preceding
Anniversary Determination Date. As of any Anniversary Determination Date, the
Bankruptcy Loss Amount shall equal the lesser of (x) the Bankruptcy Loss Amount
as of the preceding Determination Date as reduced by any Deficient Valuations
and Debt Service Reductions for the preceding Distribution Date, and (y) the
greater of (i) the Fitch Formula Amount for such Anniversary Determination Date
and (ii) the Formula Amount for such Anniversary Determination Date.
The Bankruptcy Loss Amount may be further reduced by the Company (including
accelerating the manner in which such coverage is reduced) provided that prior
to any such reduction, the Company shall obtain written confirmation from each
Rating Agency that such reduction shall not adversely affect the then-current
rating assigned to the related Classes of Certificates by such Rating Agency and
shall provide a copy of such written confirmation to the Trustee.
Base Servicing Fee: As to any Mortgage Loan and Distribution Date, an
amount equal to the product of (i) the Scheduled Principal Balance of such
Mortgage Loan as of the Due Date in the preceding calendar month and (ii) the
Base Servicing Fee Rate for such Mortgage Loan. The Base Servicing Fee for any
Distribution Date is subject to adjustment pursuant to Section 3.08(d) (with
respect to a Realized Loss) or the definition of Interest Loss (with respect to
the interest portion of a Debt Service Reduction).
Base Servicing Fee Rate: As to any Mortgage Loan, the per annum rate
identified as such for such Mortgage Loan and set forth in the Mortgage Loan
Schedule.
BBA: The British Bankers' Association.
BIF: The Bank Insurance Fund of the FDIC, or its successor in interest.
Book-Entry Certificate: Any Certificate registered in the name of the
Depository or its nominee, ownership of which is reflected on the books of the
Depository or on the books of a person maintaining an account with such
Depository (directly or as an indirect participant in accordance with the rules
of such Depository). As of the Closing Date, each Class of Certificates, other
than the Class B3, Class B4, Class B5, Class R and Class PO Certificates,
constitutes a Class of Book-Entry Certificates.
Book-Entry Nominee: As defined in Section 5.02(b).
Business Day: Any day other than a Saturday or a Sunday, or a day on which
banking institutions in New York City or the city in which the Corporate Trust
Office is located are authorized or obligated by law or executive order to be
closed.
Buydown Funds: Funds contributed by the Mortgagor or another source in
order to reduce the interest payments required from the Mortgagor for a
specified period in specified amounts.
Buydown Mortgage Loan: Any Mortgage Loan as to which the Mortgagor pays
less than the full monthly payment specified in the Mortgage Note during the
Buydown Period and the difference between the amount paid by the Mortgagor and
the amount specified in the Mortgage Note is paid from the related Buydown
Funds.
Buydown Period: The period during which Buydown Funds are required to be
applied to the related Buydown Mortgage Loan.
Certificate: Any one of the certificates signed and countersigned by the
Trustee in substantially the forms attached hereto as Exhibit A.
Certificate Account: The trust account or accounts created and maintained
with the Trustee pursuant to Section 3.02 and which must be an Eligible Account.
Certificate Interest Loss: (i) On or prior to the Cross-Over Date, any
Interest Loss in respect of an Excess Loss and (ii) after the Cross-Over Date,
any Interest Loss, in each case to the extent such Interest Loss is allocable to
the Certificates in accordance with Section 3.08(d) (with respect to a Realized
Loss) or the definition of Interest Loss (with respect to the interest portion
of a Debt Service Reduction).
Certificate Interest Rate: With respect to any Class of Certificates, other
than any LIBOR Certificates, and as of any Distribution Date, the per annum
fixed rate specified or described in Section 5.01(b). With respect to any Class
of LIBOR Certificates, the per annum variable rate at any time at which interest
accrues on the Certificates of such Class, as determined pursuant to Section
5.01(e).
Certificate Owner: With respect to any Book-Entry Certificate, the person
who is the beneficial owner thereof.
Certificate Principal Balance: As to any Certificate other than a Notional
Certificate, and as of any Distribution Date, the Initial Certificate Principal
Balance of such Certificate (plus, in the case of any Accrual Certificate, its
Percentage Interest of any related Accrual Amount for each previous Distribution
Date) less the sum of (i) all amounts distributed with respect to such
Certificate in reduction of the Certificate Principal Balance thereof on
previous Distribution Dates pursuant to Section 4.01, (ii) any Realized Losses
allocated to such Certificate on previous Distribution Dates pursuant to Section
4.03(b) and (c), and (iii) in the case of a Subordinate Certificate, such
Certificate's Percentage Interest of the Subordinate Certificate Writedown
Amount allocated to such Certificate on previous Distribution Dates. The
Notional Certificates are issued without Certificate Principal Balances.
Certificate Register and Certificate Registrar: The register maintained and
the registrar appointed pursuant to Section 5.02.
Certificateholder or Holder: The person in whose name a Certificate is
registered in the Certificate Register, except that, solely for the purposes of
giving any consent pursuant to this Agreement, a Certificate of any Class to the
extent that the Company or any affiliate is the Certificate Owner or Holder
thereof (except to the extent the Company or any affiliate thereof shall be the
Certificate Owner or Holder of all Certificates of such Class), shall be deemed
not to be outstanding and the Percentage Interest (or Voting Rights) evidenced
thereby shall not be taken into account in determining whether the requisite
amount of Percentage Interests (or Voting Rights) necessary to effect any such
consent has been obtained; provided, however, that in determining whether the
Trustee shall be protected in relying on such consent only the Certificates that
the Trustee knows to be so held shall be so disregarded.
Class: All Certificates bearing the same class designation.
Class A7 Interest Account: The segregated, non-interest bearing account
established and maintained pursuant to Section 3.17.
Class A7 Interest Account Deposit: Cash in the amount of $42,000.
Class A7 Interest Account Termination Date: As defined in Section
4.01(g)(i).
Class A13 Interest Account: The segregated, non-interest bearing account
established and maintained pursuant to Section 3.17.
Class A13 Interest Account Deposit: Cash in the amount of $49,500.
Class A13 Interest Account Termination Date: As defined in Section
4.01(g)(ii).
Class B Certificate: Any Class B1, Class B2, Class B3, Class B4 or Class B5
Certificate.
Class Certificate Principal Balance: As to any Class of Certificates, other
than any Class of Notional Certificates, and as of any date of determination,
the aggregate of the Certificate Principal Balances of all Certificates of such
Class. The Class Certificate Principal Balance of each such Class of
Certificates as of the Closing Date is specified in Section 5.01(b).
Class Interest Shortfall: As to any Distribution Date and any Class of
Certificates (other than any Class of Principal Only Certificates or any Class
consisting of Specified Components) or any Specified Component, any amount by
which the amount distributed to Holders of such Class of Certificates or in
respect of such Specified Component (or added to the Class Certificate Principal
Balance of any Class of Accrual Certificates or to the Component Principal
Balance of any Accrual Component constituting a Specified Component) on such
Distribution Date pursuant to Section 4.01(a)(i) is less than the Accrued
Certificate Interest thereon or in respect thereof for such Distribution Date
(assuming for this purpose that interest on the Class A7 and Class A13
Certificates accrues at an annual rate of 6.50%). As to any Distribution Date
and any Class of Certificates consisting of Specified Components, the sum of the
Class Interest Shortfalls for such Components on such date.
Class PO Deferred Amount: As to any Distribution Date on or prior to the
Cross-Over Date, the aggregate of the applicable PO Percentage of the principal
portion of each Realized Loss, other than any Excess Loss, to be allocated to
the Class PO Certificates on such Distribution Date or previously allocated to
the Class PO Certificates and not yet paid to the Holders of the Class PO
Certificates pursuant to Section 4.01(a)(iv).
Closing Date: January 28, 1999.
Code: The Internal Revenue Code of 1986, as it may be amended from time to
time, any successor statutes thereto, and applicable U.S. Department of the
Treasury temporary or final regulations promulgated thereunder.
COFI: The monthly weighted average cost of funds for savings institutions
the home offices of which are located in Arizona, California, or Nevada that are
member institutions of the Eleventh Federal Home Loan Bank District, as computed
from statistics tabulated and published by the Federal Home Loan Bank of San
Francisco in its monthly Information Bulletin.
COFI Certificates: None.
COFI Determination Date: As to each Interest Accrual Period for any COFI
Certificates, the last Business Day of the calendar month preceding the
commencement of such Interest Accrual Period.
Company: GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey, or its successor in interest
or, if any successor servicer is appointed as herein provided, then such
successor servicer.
Compensating Interest Payment: With respect to any Distribution Date, an
amount equal to the aggregate of the Interest Shortfalls described in clauses
(a) and (b) of the definition thereof with respect to such Distribution Date;
provided, however, that such amount shall not exceed the lesser of (i) an amount
equal to the product of (x) the Pool Scheduled Principal Balance with respect to
such Distribution Date and (y) one-twelfth of 0.125%, and (ii) the aggregate of
the Base Servicing Fees that the Company would be entitled to retain on such
Distribution Date (less any portion thereof paid as servicing compensation to
any Primary Servicer) without giving effect to any Compensating Interest
Payment.
Component: Any of the components of a Class of Component Certificates
having the designations and the initial Component Principal Balances as follows:
Initial Component
Designation Principal Balance
----------- -----------------
N/A N/A
Component Certificate: None.
Component Interest Rate: None.
Component Principal Balance: As of any Distribution Date, and with respect
to any Component, other than any Notional Component, the initial Component
Principal Balance thereof (as set forth, as applicable, in the definition of
Component) (plus, in the case of any Accrual Component, any related Accrual
Amount for each previous Distribution Date) less the sum of (x) all amounts
distributed in reduction thereof on previous Distribution Dates pursuant to
Section 4.01 and (y) the amount of all Realized Losses allocated thereto
pursuant to Section 4.03(d).
Confirmatory Mortgage Note: With respect to any Mortgage Loan, a note or
other evidence of indebtedness executed by the Mortgagor confirming its
obligation under the note or other evidence of indebtedness previously executed
by the Mortgagor upon the origination of the related Mortgage Loan.
Cooperative: A private, cooperative housing corporation organized in
accordance with applicable state laws which owns or leases land and all or part
of a building or buildings located in the relevant state, including apartments,
spaces used for commercial purposes and common areas therein and whose board of
directors authorizes, among other things, the sale of Cooperative Stock.
Cooperative Apartment: A dwelling unit in a multi-dwelling building owned
or leased by a Cooperative, which unit the Mortgagor has an exclusive right to
occupy pursuant to the terms of one or more Proprietary Leases.
Cooperative Loans: Any of the Mortgage Loans made in respect of a
Cooperative Apartment, evidenced by a Mortgage Note and secured by (i) a
Security Agreement, (ii) the related Cooperative Stock Certificate(s), (iii) an
assignment of the Proprietary Lease(s), (iv) financing statements and (v) a
stock power (or other similar instrument), and in addition thereto, a
recognition agreement between the Cooperative and the originator of the
Cooperative Loan, each of which was transferred and assigned to the Trustee
pursuant to Section 2.01 and are from time to time held as part of the Trust
Fund. The Mortgage Loans identified as such in Exhibit C hereto are Cooperative
Loans.
Cooperative Stock: With respect to a Cooperative Loan, the single
outstanding class of stock, partnership interest or other ownership instrument
in the related Cooperative.
Cooperative Stock Certificate: With respect to a Cooperative Loan, the
stock certificate(s) or other instrument evidencing the related Cooperative
Stock.
Corporate Trust Office: The principal office of the Trustee at which at any
particular time its corporate trust business shall be administered, which office
at the date of the execution of this instrument is located at Two International
Place, Boston, Massachusetts 02110, Attention: Corporate Trust Department.
Cross-Over Date: The first Distribution Date on which the aggregate Class
Certificate Principal Balance of the Junior Certificates has been reduced to
zero (giving effect to all distributions on such Distribution Date).
Cut-off Date: January 1, 1999.
Debt Service Reduction: As to any Mortgage Loan and any Determination Date,
the excess of (a) the then current Monthly Payment for such Mortgage Loan over
(b) the amount of the monthly payment of principal and interest required to be
paid by the Mortgagor as established by a court of competent jurisdiction as a
result of a proceeding initiated by or against the related Mortgagor under the
Bankruptcy Code, as amended from time to time (11 U.S.C.).
Deceased Holder: With respect to a Holder of a Class A6, Class A12, Class
A14 or Class A15 Certificate, as defined in Section 4.10(b).
Defaulted Mortgage Loan: With respect to any Determination Date, a Mortgage
Loan as to which the related Mortgagor has failed to make unexcused payment in
full of a total of three or more consecutive installments of principal and
interest, and as to which such delinquent installments have not been paid, as of
the close of business on the last Business Day of the month next preceding the
month of such Determination Date.
Defective Mortgage Loan: Any Mortgage Loan which is required to be
purchased by the Company (or which the Company may replace with a substitute
Mortgage Loan) pursuant to Section 2.02 or 2.03(a).
Deficient Valuation: As to any Mortgage Loan and any Determination Date,
the excess of (a) the then outstanding indebtedness under such Mortgage Loan
over (b) the valuation by a court of competent jurisdiction of the related
Mortgaged Property as a result of a proceeding initiated by or against the
related Mortgagor under the Bankruptcy Code, as amended from time to time (11
U.S.C.), pursuant to which such Mortgagor retained such Mortgaged Property.
Definitive Certificate: Any Certificate, other than a Book-Entry
Certificate, issued in definitive, fully registered form.
Definitive Restricted Junior Certificate: Any Restricted Junior Certificate
that is in the form of a Definitive Certificate.
Depository: The initial Depository shall be The Depository Trust Company,
the nominee of which is CEDE & Co. The Depository shall at all times be a
"clearing corporation" as defined in Section 8-102(a)(5) of the Uniform
Commercial Code of the State of New York, as amended, or any successor
provisions thereto.
Depository Participant: A broker, dealer, bank or other financial
institution or other Person for which, from time to time, the Depository effects
book-entry transfers and pledges of securities deposited with such Depository.
Designated Loan Closing Documents: With respect to any Designated Loan, a
Lost Note Affidavit substantially in the form of Exhibit L, and an assignment of
the related Mortgage to the Trustee in recordable form (except for the omission
therein of recording information concerning such Mortgage).
Designated Loans: The Mortgage Loans listed in Exhibit M hereto.
Designated Telerate Page: The Dow Jones Telerate Service page 3750 (or such
other page as may replace page 3750 on that service or such other service as may
be nominated by the BBA for the purpose of displaying the Interest Settlement
Rates).
Determination Date: With respect to any Distribution Date, the fifth
Business Day prior thereto.
Discount Mortgage Loan: Any Mortgage Loan with a Net Mortgage Rate less
than 6.50% per annum.
Disqualified Organization: Any of the following: (i) the United States, any
State or political subdivision thereof, or any agency or instrumentality of any
of the foregoing (including but not limited to state pension organizations);
(ii) a foreign government, International Organization or any agency or
instrumentality of either of the foregoing; (iii) an organization (except
certain farmers' cooperatives described in Code section 521) which is exempt
from tax imposed by Chapter 1 of the Code (including the tax imposed by section
511 of the Code on unrelated business taxable income); and (iv) a rural electric
and telephone cooperative described in Code section 1381(a)(2)(C). The terms
"United States," "State" and "International Organization" shall have the
meanings set forth in Code section 7701 or successor provisions. A corporation
will not be treated as an instrumentality of the United States or of any State
or political subdivision thereof for these purposes if all of its activities are
subject to tax and a majority of its board of directors is not selected by such
governmental unit.
Distribution Date: The 25th day of each calendar month after the month of
initial issuance of the Certificates, or, if such 25th day is not a Business
Day, the next succeeding Business Day.
Distribution Date Statement: The statement referred to in Section 4.05(a).
Document File: As defined in Section 2.01.
Due Date: The first day of the month of the related Distribution Date.
Eligible Account: An account that is either (i) maintained with a
depository institution the debt obligations of which have been rated by each
Rating Agency in one of its two highest long-term rating categories and has been
assigned by S&P its highest short-term rating, (ii) an account or accounts the
deposits in which are fully insured by either the BIF or the SAIF, (iii) an
account or accounts, in a depository institution in which such accounts are
insured by the BIF or the SAIF (to the limits established by the FDIC), the
uninsured deposits in which accounts are either invested in Permitted
Investments or are otherwise secured to the extent required by the Rating
Agencies such that, as evidenced by an Opinion of Counsel delivered to the
Trustee, the Certificateholders have a claim with respect to the funds in such
account or a perfected first security interest against any collateral (which
shall be limited to Permitted Investments) securing such funds that is superior
to claims of any other depositors or creditors of the depository institution
with which such account is maintained, (iv) a trust account maintained with the
corporate trust department of a federal or state chartered depository
institution or of a trust company with trust powers and acting in its fiduciary
capacity for the benefit of the Trustee hereunder or (v) such account as will
not cause either Rating Agency to downgrade or withdraw its then-current rating
assigned to the Certificates, as evidenced in writing by the Rating Agencies.
ERISA: The Employee Retirement Income Security Act of 1974, as amended.
ERISA-Restricted Certificate: Any Junior Certificate.
Event of Default: An event described in Section 7.01.
Excess Bankruptcy Loss: Any Deficient Valuation or Debt Service Reduction,
or portion thereof, (i) occurring after the Bankruptcy Coverage Termination Date
or (ii) if on such date, in excess of the then-applicable Bankruptcy Loss
Amount.
Excess Fraud Loss: Any Fraud Loss, or portion thereof, (i) occurring after
the Fraud Coverage Termination Date or (ii) if on such date, in excess of the
then-applicable Fraud Loss Amount.
Excess Loss: Any Excess Bankruptcy Loss, Excess Fraud Loss or Excess
Special Hazard Loss.
Excess Special Hazard Loss: Any Special Hazard Loss, or portion thereof,
(i) occurring after the Special Hazard Termination Date or (ii) if on such date,
in excess of the then-applicable Special Hazard Loss Amount.
FDIC: The Federal Deposit Insurance Corporation, or its successor in
interest.
FHLMC: The Federal Home Loan Mortgage Corporation or its successor in
interest.
Financial Intermediary: A broker, dealer, bank or other financial
institution or other Person that clears through or maintains a custodial
relationship with a Depository Participant.
Fitch: Fitch IBCA, Inc. and its successors.
Fitch Formula Amount: As to each Anniversary Determination Date, the
greater of (i) $50,000 and (ii) the product of (x) the greatest Assumed Monthly
Payment Reduction for any Non-Primary Residence Loan whose original principal
balance was 80% or greater of the Original Value thereof, (y) the weighted
average remaining term to maturity (expressed in months) of all the Non-Primary
Residence Loans remaining in the Mortgage Pool as of such Anniversary
Determination Date, and (z) the sum of (A) one plus (B) the number of all
remaining Non-Primary Residence Loans divided by the total number of Outstanding
Mortgage Loans as of such Anniversary Determination Date.
FNMA: The Federal National Mortgage Association or its successor in
interest.
Formula Amount: As to each Anniversary Determination Date, the greater of
(i) $100,000 and (ii) the product of (x) 0.06% and (y) the Scheduled Principal
Balance of each Mortgage Loan remaining in the Mortgage Pool whose original
principal balance was 75% or greater of the Original Value thereof.
Fraud Coverage Termination Date: The Distribution Date upon which the
related Fraud Loss Amount has been reduced to zero or a negative number (or the
Cross-Over Date, if earlier).
Fraud Loss: Any Realized Loss attributable to fraud in the origination of
the related Mortgage Loan.
Fraud Loss Amount: As of any Distribution Date after the Cut-off Date, (x)
prior to the first anniversary of the Cut-off Date, an amount equal to
$7,048,394 minus the aggregate amount of Fraud Losses that would have been
allocated to the Junior Certificates in accordance with Section 4.03 in the
absence of the Loss Allocation Limitation since the Cut-off Date, and (y) from
the first to the fifth anniversary of the Cut-off Date, an amount equal to (1)
the lesser of (a) the Fraud Loss Amount as of the most recent anniversary of the
Cut-off Date and (b) 1% (from the first to but excluding the third anniversaries
of the Cut-off Date) or 0.5% (from and including the third to but excluding the
fifth anniversaries of the Cut-off Date) of the aggregate outstanding principal
balance of all of the Mortgage Loans as of the most recent anniversary of the
Cut-off Date minus (2) the Fraud Losses that would have been allocated to the
Junior Certificates in accordance with Section 4.03 in the absence of the Loss
Allocation Limitation since the most recent anniversary of the Cut-off Date. On
or after the fifth anniversary of the Cut-off Date the Fraud Loss Amount shall
be zero.
Group I Final Distribution Date: The Distribution Date on which the
aggregate Certificate Principal Balance of the Group I Senior Certificates is
reduced to zero.
Group I Senior Certificate: Any Class A2, Class A3, Class A4, Class A5,
Class A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class
A13, Class A14, Class A15 or Class R Certificate.
Group II Senior Certificate: Any Class A1 Certificate.
Group II Senior Percentage: With respect to any Distribution Date, the
percentage (carried to six decimal places) obtained by dividing (x) the
aggregate Certificate Principal Balance of the Group II Senior Certificates
immediately preceding such Distribution Date, by (y) the aggregate Certificate
Principal Balance of all the Certificates (other than the Class PO Certificates)
immediately preceding such Distribution Date.
Group II Senior Prepayment Distribution Percentage: 0% through the
Distribution Date in January 2004; 30% thereafter through the Distribution Date
in January 2005; 40% thereafter through the Distribution Date in January 2006;
60% thereafter through the Distribution Date in January 2007; 80% thereafter
through the Distribution Date in January 2008; and 100% thereafter.
Group II Senior Principal Distribution Amount: With respect to any
Distribution Date, the sum of (a) the total of the amounts described in clauses
(i) and (iii) of the definition of Senior Optimal Principal Amount for such date
(without application of the Senior Percentage or the Senior Prepayment
Percentage) multiplied by the Group II Senior Percentage for such date and (b)
the total of the amounts described in clauses (ii), (iv) and (v) of the
definition of Senior Optimal Principal Amount (without application of the Senior
Prepayment Percentage) for such date multiplied by the product of (x) the Group
II Senior Percentage for such date and (y) the Group II Senior Prepayment
Distribution Percentage for such date; provided, however, that (i) on the Group
I Final Distribution Date, the Group II Senior Principal Distribution Amount
will be increased by any Senior Optimal Principal Amount remaining after
distributions of principal have been made on the Group I Senior Certificates and
(ii) following the Group I Final Distribution Date, the Group II Senior
Principal Distribution Amount will equal the Senior Optimal Principal Amount.
Initial Certificate Principal Balance: With respect to any Certificate,
other than a Notional Certificate, the Certificate Principal Balance of such
Certificate or any predecessor Certificate on the Closing Date.
Initial LIBOR Rate: None.
Insurance Proceeds: Proceeds paid pursuant to the Primary Insurance
Policies, if any, and amounts paid by any insurer pursuant to any other
insurance policy covering a Mortgage Loan.
Insured Expenses: Expenses covered by the Primary Insurance Policies, if
any, or any other insurance policy or policies applicable to the Mortgage Loans.
Interest Accrual Period: With respect to any Distribution Date and any
Class of Certificates (other than any Class of Principal Only Certificates) or
Component, the one-month period ending on the last day of the month preceding
the month in which such Distribution Date occurs.
Interest Loss: (i) With respect to any Realized Loss, the excess of accrued
and unpaid interest due on the related Mortgage Loan over the amount allocated
to interest thereon in accordance with Section 3.08(d), and (ii) with respect to
any Debt Service Reduction and any calendar month, the reduction in the amount
of interest due on the related Mortgage Loan during such month as a result of
the relevant bankruptcy proceeding.
The amount of any Interest Loss described in clause (i) of the preceding
paragraph will be allocated among the Base Servicing Fee, the Supplemental
Servicing Fee and the Certificates in accordance with Section 3.08(d). The
amount of any Interest Loss described in clause (ii) of the preceding paragraph
will be allocated among the Base Servicing Fee, the Supplemental Servicing Fee
and the Certificates in proportion to the amount of interest that would have
been allocated to the Base Servicing Fee at the Base Servicing Fee Rate, the
Supplemental Servicing Fee at the Supplemental Servicing Fee Rate and interest
at the Remittance Rate, respectively, in the absence of the Debt Service
Reduction.
Interest Settlement Rate: With respect to any Interest Accrual Period, the
rate (expressed as a percentage per annum) for one-month U.S. Dollar deposits
reported by the BBA at 11:00 a.m. London time on the related LIBOR Determination
Date and as it appears on the Designated Telerate Page.
Interest Shortfall: With respect to any Distribution Date and each Mortgage
Loan that during the related Prepayment Period was the subject of a Voluntary
Principal Prepayment or constitutes a Relief Act Mortgage Loan, an amount
determined as follows:
(A) partial principal prepayments: one month's interest at the
applicable Net Mortgage Rate on the amount of such prepayment;
(B) principal prepayments in full received on or after the sixteenth
day of the month preceding the month of such Distribution Date (or, in the
case of the first Distribution Date, on or after the Cut-off Date) but on
or before the last day of the month preceding the month of such
Distribution Date, the difference between (i) one month's interest at the
applicable Net Mortgage Rate on the Scheduled Principal Balance of such
Mortgage Loan immediately prior to such prepayment and (ii) the amount of
interest for the calendar month of such prepayment (adjusted to the
applicable Net Mortgage Rate) received at the time of such prepayment;
(C) principal prepayments in full received by the Company (or of which
the Company receives notice, in the case of a Mortgage Loan serviced by a
Primary Servicer) on or after the first day but on or before the fifteenth
day of the month of such Distribution Date: none; and
(D) Relief Act Mortgage Loans: As to any Relief Act Mortgage Loan, the
excess of (i) 30 days' interest (or, in the case of a Principal Prepayment
in full, interest to the date of prepayment) on the Scheduled Principal
Balance thereof (or, in the case of a Principal Prepayment in part, on the
amount so prepaid) at the related Net Mortgage Rate over (ii) 30 days'
interest (or, in the case of a Principal Prepayment in full, interest to
the date of prepayment) on such Scheduled Principal Balance (or, in the
case of a Principal Prepayment in part, on the amount so prepaid) at the
Net Mortgage Rate required to be paid by the Mortgagor as limited by
application of the Relief Act.
For purposes of the definitions of Net Interest Shortfall and Supplemental
Servicing Fee, the amount of any Interest Shortfall shall be allocated between
the Certificates and the Supplemental Servicing Fee in proportion to the amount
of interest that would have been allocated to the Certificates (at the
Remittance Rate) and the Supplemental Servicing Fee (at the Supplemental
Servicing Fee Rate), respectively, in the absence of such Interest Shortfall.
Junior Certificate: Any Class M or Class B Certificate.
Junior Optimal Principal Amount: As to any Distribution Date, an amount
equal to the sum of the following (but in no event greater than the aggregate
Certificate Principal Balance of the Junior Certificates immediately prior to
such Distribution Date):
(i) the Junior Percentage of the applicable Non-PO Percentage of the
principal portion of each Monthly Payment due on the related Due Date on
each Outstanding Mortgage Loan as of such Due Date as specified in the
amortization schedule at the time applicable thereto (after adjustment for
previous Principal Prepayments and the principal portion of Debt Service
Reductions subsequent to the Bankruptcy Coverage Termination Date but
before any adjustment to such amortization schedule by reason of any
bankruptcy (other than as aforesaid) or similar proceeding or any
moratorium or similar waiver or grace period);
(ii) the Junior Prepayment Percentage of the applicable Non-PO
Percentage of all principal prepayments in part received during the related
Prepayment Period, and 100% of any Senior Optimal Principal Amount not
distributed to the Senior Certificates on such Distribution Date, together
with the Junior Prepayment Percentage of the applicable Non-PO Percentage
of the Scheduled Principal Balance of each Mortgage Loan which was the
subject of a Voluntary Principal Prepayment in full during the related
Prepayment Period;
(iii) the excess, if any, of (x) the applicable Non-PO Percentage of
the sum of (A) all Net Liquidation Proceeds allocable to principal received
during the related Prepayment Period (other than in respect of Mortgage
Loans described in clause (B)) and (B) the principal balance of each
Mortgage Loan that was purchased by an insurer from the Trustee during the
related Prepayment Period pursuant to the related Primary Insurance Policy,
over (y) the amount distributable pursuant to clause (iii) of the
definition of Senior Optimal Principal Amount on such Distribution Date;
(iv) the Junior Prepayment Percentage of the applicable Non-PO
Percentage of the Scheduled Principal Balance of each Mortgage Loan which
was purchased on such Distribution Date pursuant to Section 2.02, 2.03(a)
or 3.16; and
(v) the Junior Prepayment Percentage of the applicable Non-PO
Percentage of the Substitution Amount for any Mortgage Loan substituted
during the month of such Distribution Date.
For purposes of clause (ii) above, a Voluntary Principal Prepayment in full
with respect to a Mortgage Loan serviced by a Primary Servicer shall be deemed
to have been received when the Company, as servicer, receives notice thereof.
After the Class Certificate Principal Balances of the Junior Certificates
have been reduced to zero, the Junior Optimal Principal Amount shall be zero.
Junior Percentage: As to any Distribution Date, the excess of 100% over the
Senior Percentage for such Distribution Date.
Junior Prepayment Percentage: As to any Distribution Date, the excess of
100% over the Senior Prepayment Percentage for such Distribution Date, except
that (i) after the aggregate Certificate Principal Balance of the Senior
Certificates other than the Class PO Certificates has been reduced to zero, the
Junior Prepayment Percentage shall be 100%, and (ii) after the Cross-Over Date,
the Junior Prepayment Percentage shall be zero.
Latest Possible Maturity Date: January 25, 2031.
LIBOR: With respect to any Interest Accrual Period, the per annum rate
determined, pursuant to Section 5.08, on the basis of the Interest Settlement
Rate or as otherwise provided in such Section.
LIBOR Certificate: None.
LIBOR Determination Date: The second London Banking Day immediately
preceding the commencement of each Interest Accrual Period for any LIBOR
Certificates.
Liquidated Mortgage Loan: Any defaulted Mortgage Loan as to which the
Company has determined that all amounts which it expects to recover on behalf of
the Trust Fund from or on account of such Mortgage Loan have been recovered,
including any Mortgage Loan with respect to which the Company determines not to
foreclose upon the related Mortgaged Property based on its belief that such
Mortgaged Property may be contaminated with or affected by hazardous or toxic
wastes, materials or substances.
Liquidation Expenses: Expenses which are incurred by the Company in
connection with the liquidation of any defaulted Mortgage Loan and not recovered
by the Company under any Primary Insurance Policy for reasons other than the
Company's failure to comply with Section 3.05, such expenses including, without
limitation, legal fees and expenses, and, regardless of when incurred, any
unreimbursed amount expended by the Company pursuant to Section 3.03 or Section
3.06 respecting the related Mortgage Loan and any related and unreimbursed
Property Protection Expenses.
Liquidation Proceeds: Cash (other than Insurance Proceeds) received in
connection with the liquidation of any defaulted Mortgage Loan whether through
judicial foreclosure or otherwise.
Living Holder: Any Certificate Owner of a Class A6, Class A12, Class A14 or
Class A15 Certificate, other than a Deceased Holder.
Loan-to-Value Ratio: With respect to each Mortgage Loan, the original
principal amount of such Mortgage Loan, divided by the Original Value of the
related Mortgaged Property.
London Banking Day: Any day on which banks are open for dealing in foreign
currency and exchange in London, England.
Loss Allocation Limitation: As defined in Section 4.03(g).
MLCC: Merrill Lynch Credit Corporation, or its successor in interest.
Monthly Advance: With respect to any Distribution Date, the aggregate of
the advances required to be made by the Company pursuant to Section 4.04(a) (or
by the Trustee pursuant to Section 4.04(b)) on such Distribution Date, the
amount of any such Monthly Advance being equal to (a) the aggregate of payments
of principal and interest (adjusted to the related Remittance Rate) on the
Mortgage Loans that were due on the related Due Date, without regard to any
arrangements entered into by the Company with the related Mortgagors pursuant to
Section 3.02(a)(ii), and delinquent as of the close of business on the Business
Day next preceding the related Determination Date, less (b) the amount of any
such payments which the Company or the Trustee, as applicable, in its reasonable
judgment believes will not be ultimately recoverable by it either out of late
payments by the Mortgagor, Net Liquidation Proceeds, Insurance Proceeds, REO
Proceeds or otherwise. With respect to any Mortgage Loan, the portion of any
such advance or advances made with respect thereto.
Monthly Payment: The scheduled monthly payment on a Mortgage Loan for any
month allocable to principal or interest on such Mortgage Loan.
Moody's: Moody's Investors Service, Inc. and its successors.
Mortgage: The mortgage or deed of trust creating a first lien on a fee
simple interest or leasehold estate in real property securing a Mortgage Note.
Mortgage 100SM Loan: A Mortgage Loan identified on Exhibit N hereof that
has a Loan-to-Value Ratio at origination in excess of 80.00% and that is secured
by Additional Collateral and does not have a Primary Insurance Policy.
Mortgage File: The mortgage documents listed in Section 2.01 pertaining to
a particular Mortgage Loan and any additional documents required to be added to
such documents pursuant to this Agreement.
Mortgage Loan Payment Record: The record maintained by the Company pursuant
to Section 3.02(b).
Mortgage Loan Schedule: As of any date of determination, the schedule of
Mortgage Loans included in the Trust Fund. The initial schedule of Mortgage
Loans as of the Cut-off Date is attached hereto as Exhibit C.
Mortgage Loans: As of any date of determination, each of the mortgage loans
identified on the Mortgage Loan Schedule (as amended pursuant to Section
2.03(b)) delivered and assigned to the Trustee pursuant to Section 2.01 or
2.03(b), and not theretofore released from the Trust Fund by the Trustee.
Mortgage Note: With respect to any Mortgage Loan, the note or other
evidence of indebtedness (which may consist of a Confirmatory Mortgage Note)
evidencing the indebtedness of a Mortgagor under such Mortgage Loan.
Mortgage Pool: The aggregate of the Mortgage Loans identified in the
Mortgage Loan Schedule.
Mortgage Rate: The per annum rate of interest borne by a Mortgage Loan as
set forth in the related Mortgage Note.
Mortgaged Property: The underlying real property securing the Mortgage
Loan, or with respect to a Cooperative Loan, the related Proprietary Lease and
Cooperative Stock.
Mortgagor: With respect to any Mortgage Loan, each obligor on the related
Mortgage Note.
Net Interest Shortfall: With respect to any Distribution Date, the excess,
if any, of the aggregate Interest Shortfalls allocable to the Certificates (as
determined in accordance with the definition of Interest Shortfall) for such
Distribution Date over any Compensating Interest Payment for such date.
Net Liquidation Proceeds: As to any Liquidated Mortgage Loan, the sum of
(i) any Liquidation Proceeds therefor less the related Liquidation Expenses, and
(ii) any Insurance Proceeds therefor, other than any such Insurance Proceeds
applied to the restoration of the related Mortgaged Property.
Net Mortgage Rate: With respect to any Mortgage Loan, the related Mortgage
Rate less the applicable Base Servicing Fee Rate.
Non-Book-Entry Certificate: Any Certificate other than a Book-Entry
Certificate.
Non-Discount Mortgage Loan: Any Mortgage Loan with a Net Mortgage Rate
greater than or equal to 6.50% per annum.
Non-permitted Foreign Holder: As defined in Section 5.02(b).
Non-PO Percentage: As to any Discount Mortgage Loan, a fraction (expressed
as a percentage), the numerator of which is the Net Mortgage Rate of such
Discount Mortgage Loan and the denominator of which is 6.50%. As to any
Non-Discount Mortgage Loan, 100%.
Non-Primary Residence Loan: Any Mortgage Loan secured by a Mortgaged
Property that is (on the basis of representations made by the Mortgagors at
origination) a second home or investor-owned property.
Nonrecoverable Advance: All or any portion of any Monthly Advance or
Monthly Advances previously made by the Company (or the Trustee) which, in the
reasonable judgment of the Company (or, as applicable, the Trustee) will not be
ultimately recoverable from related Net Liquidation Proceeds, Insurance
Proceeds, REO Proceeds or otherwise. The determination by the Company that it
has made a Nonrecoverable Advance or that any advance, if made, would constitute
a Nonrecoverable Advance, shall be evidenced by an Officer's Certificate of the
Company delivered to the Trustee and detailing the reasons for such
determination.
Non-U.S. Person: As defined in Section 4.02(c).
Notional Certificate: None.
Notional Component: None.
Notional Component Balance: None.
Notional Principal Balance: None.
Officer's Certificate: A certificate signed by the President, a Senior Vice
President or a Vice President of the Company and delivered to the Trustee.
Opinion of Counsel: A written opinion of counsel, who may be counsel for
the Company; provided, however, that any Opinion of Counsel with respect to the
interpretation or application of the REMIC Provisions or the status of an
account as an Eligible Account shall be the opinion of independent counsel
satisfactory to the Trustee.
Original Subordinate Principal Balance: As set forth in the definition of
Senior Prepayment Percentage.
Original Value: The value of the property underlying a Mortgage Loan based,
in the case of the purchase of the underlying Mortgaged Property, on the lower
of an appraisal satisfactory to the Company or the sales price of such property
or, in the case of a refinancing, on an appraisal satisfactory to the Company.
Outstanding Mortgage Loan: With respect to any Due Date, a Mortgage Loan
which, prior to such Due Date, was not the subject of a Principal Prepayment in
full, did not become a Liquidated Mortgage Loan and was not purchased pursuant
to Section 2.02, 2.03(a) or 3.16 or replaced pursuant to Section 2.03(b).
Outstanding Non-Discount Mortgage Loan: Any Outstanding Mortgage Loan that
is a Non-Discount Mortgage Loan.
PAC Balance: As to any Distribution Date and any Class of PAC Certificates
and any PAC Component, the balance designated as such for such Distribution Date
and such Class or Component as set forth in the Principal Balance Schedules.
PAC Certificate: None.
PAC Component: None.
Parent PowerSM Loan: A Mortgage Loan identified on Exhibit N hereto that
has a Loan-to-Value Ratio at origination in excess of 80.00%, that is supported
by Additional Collateral and does not have a Primary Insurance Policy.
Pay-out Rate: With respect to any Class of Certificates (other than any
Class of Principal Only Certificates) and any Distribution Date, the rate at
which interest is distributed on such Class on such Distribution Date and which
is equal to a fraction (expressed as an annualized percentage) the numerator of
which is the Accrued Certificate Interest for such Class and Distribution Date,
and the denominator of which is the Class Certificate Principal Balance (or, in
the case of the Notional Certificates, the Notional Principal Balance) of such
Class immediately prior to such Distribution Date.
Percentage Interest: With respect to any Certificate, the percentage
interest in the undivided beneficial ownership interest in the Trust Fund
evidenced by Certificates of the same Class as such Certificate. With respect to
any Certificate, the Percentage Interest evidenced thereby shall equal the
Initial Certificate Principal Balance (or, in the case of a Notional
Certificate, the initial Notional Principal Balance) thereof divided by the
aggregate Initial Certificate Principal Balance (or, in the case of a Notional
Certificate, the aggregate initial Notional Principal Balance) of all
Certificates of the same Class.
Permitted Investments: One or more of the following; provided, however,
that no such Permitted Investment may mature later than the Business Day
preceding the Distribution Date after such investment except as otherwise
provided in Section 3.02(e) hereof, provided, further, that such investments
qualify as "cash flow investments" as defined in section 860G(a)(6) of the Code:
(i) obligations of, or guaranteed as to timely receipt of principal
and interest by, the United States or any agency or instrumentality thereof
when such obligations are backed by the full faith and credit of the United
States;
(ii) repurchase agreements on obligations specified in clause (i)
provided that the unsecured obligations of the party agreeing to repurchase
such obligations are at the time rated by each Rating Agency in the highest
long-term rating category;
(iii) federal funds, certificates of deposit, time deposits and
banker's acceptances, of any U.S. depository institution or trust company
incorporated under the laws of the United States or any state provided that
the debt obligations of such depository institution or trust company at the
date of acquisition thereof have been rated by each Rating Agency in the
highest long-term rating category;
(iv) commercial paper of any corporation incorporated under the laws
of the United States or any state thereof which on the date of acquisition
has the highest short term rating of each Rating Agency; and
(v) other obligations or securities that are acceptable to each Rating
Agency as a Permitted Investment hereunder and will not, as evidenced in
writing, result in a reduction or withdrawal in the then current rating of
the Certificates.
Notwithstanding the foregoing, Permitted Investments shall not include
"stripped securities" and investments which contractually may return less than
the purchase price therefor.
Person: Any legal person, including any individual, corporation,
partnership, limited liability company, joint venture, association, joint-stock
company, trust, unincorporated organization or government or any agency or
political subdivision thereof.
Plan: Any Person which is an employee benefit plan subject to ERISA or a
plan subject to section 4975 of the Code.
Pledged Asset Loan-to-Value Ratio: With respect to any Pledged Asset
Mortgage Loan, (i) the original loan amount less the portion of any required
Additional Collateral which is covered by the Surety Bond, divided by (ii) the
Original Value of the related Mortgaged Property.
Pledged Asset Mortgage Loan: Each Mortgage 100SM Loan and Parent PowerSM
Loan purchased from MLCC that is supported by Additional Collateral and
identified on Exhibit N hereto.
Pledged Asset Mortgage Servicing Agreement: The Amended and Restated
Pledged Asset Mortgage Servicing Agreement, dated as of June 2, 1998, between
MLCC and the Company.
PO Percentage: As to any Discount Mortgage Loan, a fraction (expressed as a
percentage), the numerator of which is the excess of 6.50% over the Net Mortgage
Rate of such Discount Mortgage Loan and the denominator of which is 6.50%. As to
any Non-Discount Mortgage Loan, 0%.
PO Principal Distribution Amount: As to any Distribution Date, an amount
equal to the sum of the applicable PO Percentage of:
(i) the principal portion of each Monthly Payment due on the related
Due Date on each Outstanding Mortgage Loan as of such Due Date as specified
in the amortization schedule at the time applicable thereto (after
adjustments for previous Principal Prepayments and the principal portion of
Debt Service Reductions subsequent to the Bankruptcy Coverage Termination
Date but before any adjustment to such amortization schedule by reason of
any bankruptcy (except as aforesaid) or similar proceeding or any
moratorium or similar waiver or grace period);
(ii) all principal prepayments in part received during the related
Prepayment Period, together with the Scheduled Principal Balance (as
reduced by any Deficient Valuation occurring on or prior to the Bankruptcy
Coverage Termination Date) of each Mortgage Loan which was the subject of a
Voluntary Principal Prepayment in full during the related Prepayment
Period;
(iii) the sum of (A) all Net Liquidation Proceeds allocable to
principal received in respect of each Mortgage Loan that became a
Liquidated Mortgage Loan during the related Prepayment Period (other than
Mortgage Loans described in clause (B)) and (B) the principal balance of
each Mortgage Loan purchased by an insurer from the Trustee pursuant to the
related Primary Insurance Policy, in each case during the related
Prepayment Period;
(iv) the Scheduled Principal Balance (as reduced by any Deficient
Valuation occurring on or prior to the Bankruptcy Coverage Termination
Date) of each Mortgage Loan which was purchased on such Distribution Date
pursuant to Section 2.02, 2.03(a) or 3.16; and
(v) the Substitution Amount for any Mortgage Loan substituted during
the month of such Distribution Date; for purposes of this clause (v), the
definition of "Substitution Amount" shall be modified to reduce the
Scheduled Principal Balance of the Mortgage Loan that is substituted for by
any Deficient Valuation occurring on or prior to the Bankruptcy Coverage
Termination Date.
For purposes of clause (ii) above, a Voluntary Principal Prepayment in full
with respect to a Mortgage Loan serviced by a Primary Servicer shall be deemed
to have been received when the Company, as servicer, receives notice thereof.
Pool Scheduled Principal Balance: With respect to any Distribution Date,
the aggregate Scheduled Principal Balance of all the Mortgage Loans that were
Outstanding Mortgage Loans on the Due Date in the month next preceding the month
of such Distribution Date (or, in the case of the first Distribution Date, the
Cut-off Date; or, if so specified, such other date).
Prepayment Assumption: The assumed fixed schedule of prepayments on a pool
of new mortgage loans with such schedule given as a monthly sequence of
prepayment rates, expressed as annualized percent values. These values start at
0.2% per year in the first month, increase by 0.2% per year in each succeeding
month until month 30, ending at 6.0% per year. At such time, the rate remains
constant at 6.0% per year for the balance of the remaining term. Multiples of
the Prepayment Assumption are calculated from this prepayment rate series.
Prepayment Assumption Multiple: 275% of the Prepayment Assumption.
Prepayment Distribution Trigger: As of any Distribution Date and as to each
Class of Class B Certificates, the related Prepayment Distribution Trigger is
satisfied if (x) the fraction, expressed as a percentage, the numerator of which
is the aggregate Class Certificate Principal Balance of such Class and each
Class subordinate thereto, if any, on such Distribution Date, and the
denominator of which is the Pool Scheduled Principal Balance for such
Distribution Date, equals or exceeds (y) such percentage calculated as of the
Closing Date.
Prepayment Interest Excess: As to any Voluntary Principal Prepayment in
full received from the first day through the fifteenth day of any calendar month
(other than the calendar month in which the Cut-off Date occurs), all amounts
paid in respect of interest on such Principal Prepayment. For purposes of
determining the amount of Prepayment Interest Excess for any month, a Voluntary
Principal Prepayment in full with respect to a Mortgage Loan serviced by a
Primary Servicer shall be deemed to have been received when the Company, as
servicer, receives notice thereof. All Prepayment Interest Excess shall be
retained by the Company, as servicer, as additional servicing compensation.
Prepayment Period: With respect to any Distribution Date and any Voluntary
Principal Prepayment in part or other Principal Prepayment other than a
Voluntary Principal Prepayment in full, the calendar month preceding the month
of such Distribution Date; with respect to any Distribution Date and any
Voluntary Principal Prepayment in full, the period beginning on the sixteenth
day of the calendar month preceding the month of such Distribution Date (or, in
the case of the first Distribution Date, beginning on the Cut-off Date) and
ending on the fifteenth day of the month in which such Distribution Date occurs.
Primary Insurance Policy: The certificate of private mortgage insurance
relating to a particular Mortgage Loan, or an electronic screen print setting
forth the information contained in such certificate of private mortgage
insurance, including, without limitation, information relating to the name of
the mortgage insurance carrier, the certificate number, the loan amount, the
property address, the effective date of coverage, the amount of coverage and the
expiration date of the policy. Each such policy covers defaults by the
Mortgagor, which coverage shall equal the portion of the unpaid principal
balance of the related Mortgage Loan that exceeds 75% (or such lesser coverage
required or permitted by FNMA or FHLMC) of the Original Value of the underlying
Mortgaged Property.
Primary Servicer: Any servicer with which the Company has entered into a
servicing agreement, as described in Section 3.01(f).
Principal Balance Schedules: Any principal balance schedules attached
hereto, if applicable, as Exhibit B, setting forth the PAC Balances of any PAC
Certificates and PAC Components, the TAC Balances of any TAC Certificates and
TAC Components and the Scheduled Balances of any Scheduled Certificates and
Scheduled Components.
Principal Distribution Request: Any request for a distribution in reduction
of the Class Certificate Principal Balance of any Class A6, Class A12, Class A14
or Class A15 Certificate, submitted in writing to a Depository Participant or
Financial Intermediary (or, if the Class A6, Class A12, Class A14 or Class A15
Certificates are no longer represented by a Book-Entry Certificate, to the
Trustee) by the Certificate Owner (or Certificateholder) of a Class A6, Class
A12, Class A14 or Class A15 Certificate pursuant to Section 4.10(c) or 4.10(g),
as applicable.
Principal Only Certificate: Any Class PO Certificate.
Principal Only Component: None.
Principal Prepayment: Any payment or other recovery of principal on a
Mortgage Loan (including, for this purpose, any refinancing permitted by Section
3.01 and any REO Proceeds treated as such pursuant to Section 3.08(b)) which is
received in advance of its scheduled Due Date and is not accompanied by an
amount of interest representing scheduled interest for any month subsequent to
the month of prepayment.
Private Placement Memorandum: The private placement memorandum relating to
the Restricted Junior Certificates dated January 21, 1999.
Prohibited Transaction Exemption: U.S. Department of Labor Prohibited
Transaction Exemption 90-29, 55 Fed. Reg. 21459, May 24, 1990.
Property Protection Expenses: With respect to any Mortgage Loan, expenses
paid or incurred by or for the account of the Company in accordance with the
related Mortgage for (a) real estate property taxes and property repair,
replacement, protection and preservation expenses and (b) similar expenses
reasonably paid or incurred to preserve or protect the value of such Mortgage to
the extent the Company is not reimbursed therefor pursuant to the Primary
Insurance Policy, if any, or any other insurance policy with respect thereto.
Proprietary Lease: With respect to a Cooperative Loan, the proprietary
lease(s) or occupancy agreement with respect to the Cooperative Apartment
occupied by the Mortgagor and relating to the related Cooperative Stock, which
lease or agreement confers an exclusive right to the holder of such Cooperative
Stock to occupy such apartment.
Purchase Price: With respect to any Mortgage Loan required or permitted to
be purchased hereunder from the Trust Fund, an amount equal to 100% of the
unpaid principal balance thereof plus interest thereon at the applicable
Mortgage Rate from the date to which interest was last paid to the first day of
the month in which such purchase price is to be distributed; provided, however,
that if the Company is the servicer hereunder, such purchase price shall be net
of unreimbursed Monthly Advances with respect to such Mortgage Loan, and the
interest component of the Purchase Price may be computed on the basis of the
Remittance Rate for such Mortgage Loan.
QIB: A "qualified institutional buyer" as defined in Rule 144A under the
Securities Act of 1933, as amended.
Random Lot: With respect to any Distribution Date prior to the Cross-Over
Date, if the amount available for distribution in reduction of the Class
Certificate Principal Balance of the Class A6, Class A12, Class A14 or Class A15
Certificates on such Distribution Date exceeds the amount needed to honor all
Principal Distribution Requests with respect to such Class on such date, the
method by which the Depository will determine which Depository Participants
holding interests in such Class of Certificates will receive payments of amounts
distributable in respect of principal on such Class on such Distribution Date,
using its established random lot procedures or, if such Class of Certificates is
no longer represented by Book-Entry Certificates, the method by which the
Trustee will determine which Certificates of such Class will receive payments of
amounts distributable in respect of principal on such Class on such Distribution
Date, using its own random lot procedures comparable to those used by the
Depository
Rating Agency: Any statistical credit rating agency, or its successor, that
rated any of the Certificates at the request of the Company at the time of the
initial issuance of the Certificates. If such agency or a successor is no longer
in existence, "Rating Agency" shall be such statistical credit rating agency, or
other comparable Person, designated by the Company, notice of which designation
shall be given to the Trustee. References herein to the two highest long-term
rating categories of a Rating Agency shall mean such ratings without any
modifiers. As of the date of the initial issuance of the Certificates, the
Rating Agencies are Fitch and S&P; except that for purposes of the Junior
Certificates, other than the Class B5 Certificates, Fitch shall be the sole
Rating Agency. The Class B5 Certificates are issued without ratings.
Realized Loss: Any (i) Deficient Valuation or (ii) as to any Liquidated
Mortgage Loan, (x) the unpaid principal balance of such Liquidated Mortgage Loan
plus accrued and unpaid interest thereon at the Net Mortgage Rate through the
last day of the month of such liquidation less (y) the related Liquidation
Proceeds and Insurance Proceeds (as reduced by the related Liquidation
Expenses).
Record Date: The last Business Day of the month immediately preceding the
month of the related Distribution Date.
Reference Banks: As defined in Section 5.08.
Relief Act: The Soldiers' and Sailors' Civil Relief Act of 1940, as
amended.
Relief Act Mortgage Loan: Any Mortgage Loan as to which the Monthly Payment
thereof has been reduced due to the application of the Relief Act.
REMIC: A "real estate mortgage investment conduit" within the meaning of
section 860D of the Code.
REMIC Provisions: Provisions of the federal income tax law relating to real
estate mortgage investment conduits, which appear at sections 860A through 860G
of Part IV of Subchapter M of Chapter 1 of the Code, and related provisions, and
U.S. Office of the Treasury temporary or final regulations promulgated
thereunder, as the foregoing may be in effect from time to time, as well as
provisions of applicable state laws.
Remittance Rate: With respect to any Mortgage Loan, the related Mortgage
Rate less the sum of the applicable Base Servicing Fee Rate and the Supplemental
Servicing Fee Rate.
REO Mortgage Loan: Any Mortgage Loan which is not a Liquidated Mortgage
Loan and as to which the related Mortgaged Property is held as part of the Trust
Fund.
REO Proceeds: Proceeds, net of any related expenses of the Company,
received in respect of any REO Mortgage Loan (including, without limitation,
proceeds from the rental of the related Mortgaged Property).
Required Surety Payment: With respect to any Pledged Asset Mortgage Loan
that becomes a Liquidated Mortgage Loan, the lesser of (i) the principal portion
of the Realized Loss with respect to such Mortgage Loan and (ii) the excess, if
any, of (a) the amount of Additional Collateral required at origination with
respect to such Mortgage Loan which is covered by the Surety Bond over (b) the
net proceeds realized by MLCC from the liquidation of the related Additional
Collateral.
Reserve Fund: None.
Reserve Interest Rate: As defined in Section 5.08.
Residual Certificate: Any Class R Certificate.
Responsible Officer: When used with respect to the Trustee, any officer or
assistant officer assigned to and working in the Corporate Trust Department of
the Trustee and, also, with respect to a particular matter, any other officer to
whom such matter is referred because of such officer's knowledge of and
familiarity with the particular subject.
Restricted Certificate: Any Restricted Junior Certificate or Class PO
Certificate.
Restricted Junior Certificate: Any Class B3, Class B4 or Class B5
Certificate.
Rounding Account: With respect to each of the Class A6, Class A12, Class
A14 and Class A15 Certificates, the respective segregated, non-interest bearing
Eligible Account created and maintained therefor pursuant to Section 4.10.
Rounding Amount: With respect to the Class A6, Class A12, Class A14 or
Class A15 Certificates and each Distribution Date prior to the Cross-Over Date
on which such Class of Certificates is entitled to a distribution in reduction
of the Class Certificate Principal Balance thereof, the amount, if any,
necessary to round the aggregate of such distribution (after giving effect to
any deposit into the related Rounding Account on such Distribution Date) upward
to the next higher integral multiple of $1,000.
S&P: Standard & Poor's Ratings Services, a division of The McGraw-Hill
Companies, Inc., and its successors.
SAIF: The Savings Association Insurance Fund of the FDIC, or its successor
in interest.
Scheduled Balance: As to any Distribution Date and any Class of Scheduled
Certificates and any Scheduled Component, the balance designated as such for
such Distribution Date and such Class or Component as set forth in the Principal
Balance Schedules.
Scheduled Certificate: None.
Scheduled Component: None.
Scheduled Principal Balance: As to any Mortgage Loan and Distribution Date,
the principal balance of such Mortgage Loan as of the Due Date in the month next
preceding the month of such Distribution Date (or, if so specified, such other
date) as specified in the amortization schedule at the time relating to such
Mortgage Loan (before any adjustment to such amortization schedule by reason of
any bankruptcy or similar proceeding or any moratorium or similar waiver or
grace period) after giving effect to any previous Principal Prepayments,
Deficient Valuations incurred subsequent to the Bankruptcy Coverage Termination
Date, adjustments due to the application of the Relief Act and the payment of
principal due on such Due Date, irrespective of any delinquency in payment by
the related Mortgagor. As to any Mortgage Loan and the Cut-off Date, the "unpaid
balance" thereof specified in the initial Mortgage Loan Schedule.
Security Agreement: With respect to a Cooperative Loan, the agreement
creating a security interest in favor of the originator in the related
Cooperative Stock and Proprietary Lease.
Senior Certificate: Any Certificate other than a Junior Certificate.
Senior Certificate Principal Balance: As of any Distribution Date, an
amount equal to the sum of the Certificate Principal Balances of the Senior
Certificates (other than any Class PO Certificates).
Senior Optimal Principal Amount: As to any Distribution Date, an amount
equal to the sum of:
(i) the Senior Percentage of the applicable Non-PO Percentage of the
principal portion of each Monthly Payment due on the related Due Date on
each Outstanding Mortgage Loan as of such Due Date as specified in the
amortization schedule at the time applicable thereto (after adjustments for
previous Principal Prepayments and the principal portion of Debt Service
Reductions subsequent to the Bankruptcy Coverage Termination Date but
before any adjustment to such amortization schedule by reason of any
bankruptcy (except as aforesaid) or similar proceeding or any moratorium or
similar waiver or grace period);
(ii) the Senior Prepayment Percentage of the applicable Non-PO
Percentage of all principal prepayments in part received during the related
Prepayment Period, together with the Senior Prepayment Percentage of the
applicable Non-PO Percentage of the Scheduled Principal Balance of each
Mortgage Loan which was the subject of a Voluntary Principal Prepayment in
full during the related Prepayment Period;
(iii) the lesser of (x) the Senior Percentage of the applicable Non-PO
Percentage of the sum of (A) the Scheduled Principal Balance of each
Mortgage Loan that became a Liquidated Mortgage Loan (other than Mortgage
Loans described in clause (B)) during the related Prepayment Period and (B)
the Scheduled Principal Balance of each Mortgage Loan that was purchased by
an insurer from the Trustee during the related Prepayment Period pursuant
to the related Primary Insurance Policy, as reduced in each case by the
Senior Percentage of the applicable Non-PO Percentage of the principal
portion of any Excess Losses (other than Excess Bankruptcy Losses
attributable to Debt Service Reductions), and (y) the Senior Prepayment
Percentage of the applicable Non-PO Percentage of the sum of (A) all Net
Liquidation Proceeds allocable to principal received in respect of each
such Liquidated Mortgage Loan (other than Mortgage Loans described in
clause (B)) and (B) the principal balance of each such Mortgage Loan
purchased by an insurer from the Trustee pursuant to the related Primary
Insurance Policy, in each case during the related Prepayment Period;
(iv) the Senior Prepayment Percentage of the applicable Non-PO
Percentage of the Scheduled Principal Balance of each Mortgage Loan which
was purchased on such Distribution Date pursuant to Section 2.02, 2.03(a)
or 3.16; and
(v) the Senior Prepayment Percentage of the applicable Non-PO
Percentage of the Substitution Amount for any Mortgage Loan substituted
during the month of such Distribution Date.
For purposes of clause (ii) above, a Voluntary Principal Prepayment in full
with respect to a Mortgage Loan serviced by a Primary Servicer shall be deemed
to have been received when the Company, as servicer, receives notice thereof.
Senior Percentage: As to any Distribution Date, the lesser of (i) 100% and
(ii) the percentage (carried to six places rounded up) obtained by dividing the
Senior Certificate Principal Balance immediately prior to such Distribution Date
by an amount equal to the sum of the Certificate Principal Balances of all the
Certificates other than any Class PO Certificates immediately prior to such
Distribution Date.
Senior Prepayment Percentage: For any Distribution Date occurring prior to
the fifth anniversary of the first Distribution Date, 100%. For any Distribution
Date occurring on or after the fifth anniversary of the first Distribution Date,
an amount as follows:
(i) for any Distribution Date subsequent to January 2004 to and
including the Distribution Date in January 2005, the Senior Percentage for
such Distribution Date plus 70% of the Junior Percentage for such
Distribution Date;
(ii) for any Distribution Date subsequent to January 2005 to and
including the Distribution Date in January 2006, the Senior Percentage for
such Distribution Date plus 60% of the Junior Percentage for such
Distribution Date;
(iii) for any Distribution Date subsequent to January 2006 to and
including the Distribution Date in January 2007, the Senior Percentage for
such Distribution Date plus 40% of the Junior Percentage for such
Distribution Date;
(iv) for any Distribution Date subsequent to January 2007 to and
including the Distribution Date in January 2008, the Senior Percentage for
such Distribution Date plus 20% of the Junior Percentage for such
Distribution Date; and
(v) for any Distribution Date thereafter, the Senior Percentage for
such Distribution Date.
Notwithstanding the foregoing, if on any Distribution Date the Senior
Percentage exceeds the Senior Percentage as of the Closing Date, the Senior
Prepayment Percentage for such Distribution Date will equal 100%.
In addition, notwithstanding the foregoing, no reduction of the Senior
Prepayment Percentage below the level in effect for the most recent prior period
as set forth in clauses (i) through (iv) above shall be effective on any
Distribution Date unless at least one of the following two tests is satisfied:
Test I: If, as of the last day of the month preceding such Distribution
Date, (i) the aggregate Scheduled Principal Balance of Mortgage Loans delinquent
60 days or more (including for this purpose any Mortgage Loans in foreclosure
and REO Mortgage Loans) as a percentage of the aggregate Class Certificate
Principal Balance of the Junior Certificates as of such date, does not exceed
50%, and (ii) cumulative Realized Losses with respect to the Mortgage Loans do
not exceed (a) 30% of the aggregate Class Certificate Principal Balance of the
Junior Certificates as of the Closing Date (the "Original Subordinate Principal
Balance") if such Distribution Date occurs between and including February 2004
and January 2005, (b) 35% of the Original Subordinate Principal Balance if such
Distribution Date occurs between and including February 2005 and January 2006,
(c) 40% of the Original Subordinate Principal Balance if such Distribution Date
occurs between and including February 2006 and January 2007, (d) 45% of the
Original Subordinate Principal Balance if such Distribution Date occurs between
and including February 2007 and January 2008 and (e) 50% of the Original
Subordinate Principal Balance if such Distribution Date occurs during or after
February 2008; or
Test II: If, as of the last day of the month preceding such Distribution
Date, (i) the aggregate Scheduled Principal Balance of Mortgage Loans delinquent
60 days or more (including for this purpose any Mortgage Loans in foreclosure
and REO Mortgage Loans) averaged over the last three months, as a percentage of
the aggregate Scheduled Principal Balance of Mortgage Loans averaged over the
last three months, does not exceed 4%, and (ii) cumulative Realized Losses with
respect to the Mortgage Loans do not exceed (a) 10% of the Original Subordinate
Principal Balance if such Distribution Date occurs between and including
February 2004 and January 2005, (b) 15% of the Original Subordinate Principal
Balance if such Distribution Date occurs between and including February 2005 and
January 2006, (c) 20% of the Original Subordinate Principal Balance if such
Distribution Date occurs between and including February 2006 and January 2007,
(d) 25% of the Original Subordinate Principal Balance if such Distribution Date
occurs between and including February 2007 and January 2008 and (e) 30% of the
Original Subordinate Principal Balance if such Distribution Date occurs during
or after February 2008.
Servicer's Certificate: A certificate, completed by and executed on behalf
of the Company by a Servicing Officer in accordance with Section 4.06,
substantially in the form of Exhibit D hereto or in such other form as the
Company and the Trustee shall agree.
Servicing Fee: As to any Mortgage Loan and Distribution Date, the sum of
(a) the Base Servicing Fee and (b) the Supplemental Servicing Fee.
Servicing Officer: Any officer of the Company involved in, or responsible
for, the administration and servicing of the Mortgage Loans whose name appears
on a list of servicing officers attached to an Officer's Certificate furnished
to the Trustee by the Company, as such list may from time to time be amended.
Single Certificate: A Certificate with an Initial Certificate Principal
Balance, or initial Notional Principal Balance, of $1,000 or, in the case of a
Class of Certificates issued with an initial Class Certificate Principal Balance
or initial Notional Principal Balance of less than $1,000, such lesser amount.
Special Event Loss: Any Fraud Loss, Special Hazard Loss or Deficient
Valuation.
Special Hazard Loss: (i) A Realized Loss suffered by a Mortgaged Property
on account of direct physical loss, exclusive of (a) any loss covered by a
hazard policy or a flood insurance policy required to be maintained in respect
of such Mortgaged Property under Section 3.06 and (b) any loss caused by or
resulting from:
(A) normal wear and tear;
(B) conversion or other dishonest act on the part of the Trustee, the
Company or any of their agents or employees; or
(C) errors in design, faulty workmanship or faulty materials, unless
the collapse of the property or a part thereof ensues;
or (ii) any Realized Loss suffered by the Trust Fund arising from or
related to the presence or suspected presence of hazardous wastes or hazardous
substances on a Mortgaged Property unless such loss to a Mortgaged Property is
covered by a hazard policy or a flood insurance policy required to be maintained
in respect of such Mortgaged Property under Section 3.06.
Special Hazard Loss Amount: As of any Distribution Date, an amount equal to
$7,048,394 minus the sum of (i) the aggregate amount of Special Hazard Losses
that would have been allocated to the Junior Certificates in accordance with
Section 4.03 in the absence of the Loss Allocation Limitation and (ii) the
Adjustment Amount (as defined below) as most recently calculated. On each
anniversary of the Cut-off Date, the "Adjustment Amount" shall be equal to the
amount, if any, by which the amount calculated in accordance with the preceding
sentence (without giving effect to the deduction of the Adjustment Amount for
such anniversary) exceeds the lesser of (x) the greater of (A) the product of
the Special Hazard Percentage for such anniversary multiplied by the outstanding
principal balance of all the Mortgage Loans on the Distribution Date immediately
preceding such anniversary and (B) twice the outstanding principal balance of
the Mortgage Loan which has the largest outstanding principal balance on the
Distribution Date immediately preceding such anniversary, and (y) an amount
calculated by the Company and approved by each Rating Agency, which amount shall
not be less than $500,000.
Special Hazard Percentage: As of each anniversary of the Cut-off Date, the
greater of (i) 1.00% and (ii) the largest percentage obtained by dividing (x)
the aggregate outstanding principal balance (as of the immediately preceding
Distribution Date) of the Mortgage Loans secured by Mortgaged Properties located
in a single, five-digit zip code area in the State of California by (y) the
outstanding principal balance of all the Mortgage Loans as of the immediately
preceding Distribution Date.
Special Hazard Termination Date: The Distribution Date upon which the
Special Hazard Loss Amount has been reduced to zero or a negative number (or the
Cross-Over Date, if earlier).
Specified Component: None.
Startup Day: As defined in Section 2.05(b).
Subordinate Certificates: As to any date of determination, first, the Class
B5 Certificates until the Class Certificate Principal Balance thereof has been
reduced to zero; second, the Class B4 Certificates until the Class Certificate
Principal Balance thereof has been reduced to zero; third, the Class B3
Certificates until the Class Certificate Principal Balance thereof has been
reduced to zero; fourth, the Class B2 Certificates until the Class Certificate
Principal Balance thereof has been reduced to zero; fifth, the Class B1
Certificates until the Class Certificate Principal Balance thereof has been
reduced to zero; and sixth, the Class M Certificates until the Class Certificate
Principal Balance thereof has been reduced to zero.
Subordinate Certificate Writedown Amount: As to any Distribution Date,
first, any amount distributed to the Class PO Certificates on such Distribution
Date pursuant to Section 4.01(a)(iv) and second, after giving effect to the
application of clause first above, the amount by which (i) the sum of the Class
Certificate Principal Balances of all the Certificates (after giving effect to
the distribution of principal and the application of Realized Losses in
reduction of the Certificate Principal Balances of the related Certificates on
such Distribution Date) exceeds (ii) the Pool Scheduled Principal Balance on the
first day of the month of such Distribution Date less any Deficient Valuations
occurring on or prior to the Bankruptcy Coverage Termination Date.
Substitution Amount: With respect to any Mortgage Loan substituted pursuant
to Section 2.03(b), the excess of (x) the Scheduled Principal Balance of the
Mortgage Loan that is substituted for, over (y) the Scheduled Principal Balance
of the related substitute Mortgage Loan, each balance being determined as of the
date of substitution.
Supplemental Servicing Fee: As to any Mortgage Loan and Distribution Date,
an amount equal to the product of (i) the Scheduled Principal Balance of such
Mortgage Loan as of the Due Date in the preceding calendar month and (ii) the
Supplemental Servicing Fee Rate for such Mortgage Loan. The Supplemental
Servicing Fee for any Distribution Date shall be reduced by its allocable share
of Interest Shortfalls (as provided in the definition thereof) and any Interest
Losses (in accordance with Section 3.08(d)).
Supplemental Servicing Fee Rate: As to any Mortgage Loan and Distribution
Date, a fixed rate per annum equal to the excess, if any, of the Net Mortgage
Rate thereof over 6.50%.
Surety: Ambac Assurance Corporation, or its successors in interest.
Surety Bond: The Limited Purpose Surety Bond (Policy No. AB0039BE), dated
February 28, 1996, issued by the Surety for the benefit of certain
beneficiaries, including the Trustee for the benefit of the Holders of the
Certificates, but only to the extent that such Limited Purpose Surety Bond
covers any Pledged Asset Mortgage Loans.
TAC Balance: As to any Distribution Date and any Class of TAC Certificates
and any TAC Component, the balance designated as such for such Distribution Date
and such Class or Component as set forth in the Principal Balance Schedules
attached as Exhibit B hereto.
TAC Certificates: None.
TAC Component: None.
Trigger Event: Any one or more of the following: (i) if the Company is not
a wholly-owned direct or indirect subsidiary of General Electric Company or if
General Electric Capital Corporation shall not own (directly or indirectly) at
least two-thirds of the voting shares of the capital stock of the Company, (ii)
if the long-term senior unsecured rating of General Electric Capital Corporation
is downgraded or withdrawn by Fitch or S&P below their two highest rating
categories, (iii) if General Electric Capital Corporation is no longer obligated
pursuant to the terms of the support agreement, dated as of October 1, 1990,
between General Electric Capital Corporation and the Company, to maintain the
Company's net worth or liquidity (as such terms are defined therein) at the
levels specified therein, or if such support agreement, including any amendment
thereto, has been breached, terminated or otherwise held to be unenforceable and
(iv) if such support agreement, including any amendment thereto, is amended or
modified.
Trust Fund: The corpus of the trust created by this Agreement evidenced by
the Certificates and consisting of:
(i) the Mortgage Loans;
(ii) all payments on or collections in respect of such Mortgage Loans,
except as otherwise described in the first paragraph of Section 2.01,
including the proceeds from the liquidation of any Additional Collateral
for any Pledged Asset Mortgage Loan;
(iii) the obligation of the Company to deposit in the Certificate
Account the amounts required by Sections 3.02(d), 3.02(e) and 4.04(a), and
the obligation of the Trustee to deposit in the Certificate Account any
amount required pursuant to Section 4.04(b);
(iv) the obligation of the Company to purchase or replace any
Defective Mortgage Loan pursuant to Section 2.02 or 2.03;
(v) all property acquired by foreclosure or deed in lieu of
foreclosure with respect to any REO Mortgage Loan;
(vi) the proceeds of the Primary Insurance Policies, if any, and the
hazard insurance policies required by Section 3.06, in each case, in
respect of the Mortgage Loans, and the Company's interest in the Surety
Bond transferred to the Trustee pursuant to Section 2.01;
(vii) the Certificate Account established pursuant to Section 3.02(d);
(viii) the Eligible Account or Accounts, if any, established pursuant
to Section 3.02(e);
(ix) any collateral funds established to secure the obligations of the
Holder of the Class B4 and Class B5 Certificates, respectively, under any
agreements entered into between such holder and the Company pursuant to
Section 3.08(e) (which collateral funds will not constitute a part of any
REMIC established hereunder); and
(x) all rights of the Company as assignee under any security
agreements, pledge agreements or guarantees relating to the Additional
Collateral supporting any Pledged Asset Mortgage Loan (which rights will
not constitute a part of any REMIC established hereunder).
Trustee: The institution executing this Agreement as Trustee, or its
successor in interest, or if any successor trustee is appointed as herein
provided, then such successor trustee so appointed.
Unanticipated Recovery: As defined in Section 4.01(f) herein.
Uninsured Cause: Any cause of damage to property subject to a Mortgage such
that the complete restoration of the property is not fully reimbursable by the
hazard insurance policies required to be maintained pursuant to Section 3.06.
Unpaid Class Interest Shortfall: As to any Distribution Date and any Class
of Certificates (other than any Class of Principal Only Certificates and any
Class consisting of Specified Components) or any Specified Component (other than
any Principal Only Component), the amount, if any, by which the aggregate of the
Class Interest Shortfalls for such Class or in respect of such Specified
Component for prior Distribution Dates is in excess of the aggregate amounts
distributed on prior Distribution Dates to Holders of such Class of Certificates
or in respect of such Specified Component (or added to the Class Certificate
Principal Balance of any Class of Accrual Certificates, or to the Component
Principal Balance of any Accrual Component constituting a Specified Component)
pursuant to Section 4.01(a)(ii), in the case of the Senior Certificates (other
than any Class of Principal Only Certificates) and any Specified Component
thereof (other than any Principal Only Component), Section 4.01(a)(vi), in the
case of the Class M Certificates, Section 4.01(a)(ix), in the case of the Class
B1 Certificates, Section 4.01(a)(xii), in the case of the Class B2 Certificates,
Section 4.01(a)(xv), in the case of the Class B3 Certificates, Section
4.01(a)(xviii), in the case of the Class B4 Certificates, and Section
4.01(a)(xxi), in the case of the Class B5 Certificates. As to any Class of
Certificates consisting of Specified Components and any Distribution Date, the
sum of the Unpaid Class Interest Shortfalls for the Specified Components thereof
on such date.
Voluntary Principal Prepayment: With respect to any Distribution Date, any
prepayment of principal received from the related Mortgagor on a Mortgage Loan.
Voting Rights: The portion of the voting rights of all the Certificates
that is allocated to any Certificate for purposes of the voting provisions of
Section 10.01. At all times during the term of this Agreement, 100% of all
Voting Rights shall be allocated among the Classes of Certificates (and among
the Certificates within each Class of Certificates) in proportion to their Class
Certificate Principal Balances or Certificate Principal Balances, as the case
may be.
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01. Conveyance of Mortgage Loans. (a) The Company, concurrently
with the execution and delivery of this Agreement, does hereby transfer, assign,
set-over and otherwise convey to the Trustee without recourse (except as
provided herein) all the right, title and interest of the Company in and to the
Mortgage Loans, including all interest and principal received by the Company on
or with respect to the Mortgage Loans (other than payments of principal and
interest due and payable on the Mortgage Loans on or before, and all Principal
Prepayments received before, the Cut-off Date). The Company acknowledges it has
sold all right, title and interest in and to the Mortgage Loans to the Trustee
to the extent provided above and that retention of record title of Mortgages
(subject to Section 2.01(d) of this Agreement) is for convenience only and that
the Company holds record title solely as custodian for the Trustee for benefit
of the Certificateholders. The Company agrees that it will take no action
inconsistent with ownership of the Mortgage Loans by the Trustee and will not
deliver any instrument of satisfaction or conveyance with respect to a Mortgage
or a Mortgage Loan, or convey or purport to convey any interest in a Mortgage
Loan, except in accordance with the terms and the intent of this Agreement.
In addition, with respect to any Pledged Asset Mortgage Loan, the Company
does hereby transfer, assign, set-over and otherwise convey to the Trustee
without recourse (except as provided herein) (i) its rights as assignee under
any security agreements, pledge agreements or guarantees relating to the
Additional Collateral supporting any Pledged Asset Mortgage Loan, (ii) its
security interest in and to any Additional Collateral, (iii) its right to
receive payments in respect of any Pledged Asset Mortgage Loan pursuant to the
Pledged Asset Mortgage Servicing Agreement, and (iv) its rights as beneficiary
under the Surety Bond in respect of any Pledged Asset Mortgage Loan.
(b) In connection with such transfer and assignment, the Company does
hereby deliver to the Trustee the following documents or instruments with
respect to:
(1) Each Mortgage Loan (other than any Cooperative Loan or Designated
Loan) so transferred and assigned:
(i) The Mortgage Note, endorsed without recourse in blank by the
Company, including all intervening endorsements showing a complete
chain of endorsement from the originator to the Company; provided,
however, that if such Mortgage Note is a Confirmatory Mortgage Note,
such Confirmatory Mortgage Note may be payable directly to the Company
or may show a complete chain of endorsement from the named payee to
the Company;
(ii) Any assumption and modification agreement;
(iii) An assignment in recordable form (which may be included in
a blanket assignment or assignments) of the Mortgage to the Trustee;
and
(2) Each Cooperative Loan (other than a Designated Loan) so
transferred and assigned:
(i) The Mortgage Note, endorsed without recourse in blank by the
Company and showing an unbroken chain of endorsements from the
originator to the Company; provided, however, that if such Mortgage
Note is a Confirmatory Mortgage Note, such Confirmatory Mortgage Note
may be payable directly to the Company or may show a complete chain of
endorsement from the named payee to the Company;
(ii) A counterpart of the Proprietary Lease and the Assignment of
Proprietary Lease executed in blank or to the originator of the
Cooperative Loan;
(iii) The related Cooperative Stock Certificate, together with an
undated stock power (or other similar instrument) executed in blank;
(iv) A counterpart of the recognition agreement by the
Cooperative of the interests of the mortgagee with respect to the
related Cooperative Loan;
(v) The Security Agreement;
(vi) Copies of the original UCC-1 financing statement, and any
continuation statements, filed by the originator of such Cooperative
Loan as secured party, each with evidence of recording thereof,
evidencing the interest of the originator in the Cooperative Stock and
the Proprietary Lease;
(vii) If applicable, copies of the UCC-3 assignments of the
security interest described in clause (vi) above, sent to the
appropriate public office for filing, showing an unbroken chain of
title from the originator to the Company, evidencing the security
interest of the originator in the Cooperative Stock and the
Proprietary Lease;
(viii) An executed assignment (which may be a blanket assignment
for all Cooperative Loans) of the interest of the Company in the
Security Agreement, Assignment of Proprietary Lease and the
recognition agreement described in clause (iv) above, showing an
unbroken chain of title from the originator to the Trustee; and
(ix) A UCC-3 assignment from the Company to the Trustee of the
security interest described in clause (vi) above, in form suitable for
filing, otherwise complete except for filing information regarding the
original UCC-1 if unavailable (which may be included in a blanket
assignment to the Trustee).
In instances where a completed assignment of the Mortgage in recordable
form cannot be delivered by the Company to the Trustee in accordance with
Section 2.01(b)(1)(iii) prior to or concurrently with the execution and delivery
of this Agreement, due to a delay in connection with recording of the Mortgage,
the Company may, in lieu of delivering the completed assignment in recordable
form, deliver to the Trustee the assignment in such form, otherwise complete
except for recording information.
(3) With respect to each Designated Loan, the Company does hereby
deliver to the Trustee the Designated Loan Closing Documents.
(c) In connection with each Mortgage Loan transferred and
assigned to the Trustee, the Company shall deliver to the Trustee the
following documents or instruments as promptly as practicable, but in
any event within 30 days, after receipt by the Company of all such
documents and instruments for all of the outstanding Mortgage Loans:
(i) the Mortgage with evidence of recording indicated
thereon (other than with respect to a Cooperative Loan);
(ii) a copy of the title insurance policy (other than with
respect to a Cooperative Loan);
(iii) with respect to any Mortgage that has been assigned to
the Company, the related recorded intervening assignment or
assignments of Mortgage, showing a complete chain of assignment
from the originator to the Company (other than with respect to a
Cooperative Loan); and
(iv) with respect to any Cooperative Loan that has been
assigned to the Company, the related filed intervening UCC-3
financing statements (not previously delivered pursuant to
Section 2.01(b)(2)(vii)), showing a complete chain of assignment
from the named originator to the Company.
Pending such delivery, the Company shall retain in its files (a) copies of the
documents described in clauses (i) and (iii) of the preceding sentence, without
evidence of recording thereon, and (b) title insurance binders with respect to
the Mortgage Loans (other than with respect to a Cooperative Loan). The Company
shall also retain in its files evidence of any primary mortgage insurance
relating to the Mortgage Loans during the period when the related insurance is
in force. Such evidence shall consist, for each Mortgage Loan, of a certificate
of private mortgage insurance relating to such Mortgage Loan or an electronic
screen print setting forth the information contained in such certificate of
private mortgage insurance, including, without limitation, information relating
to the name of the mortgage insurance carrier, the certificate number, the loan
amount, the property address, the effective date of coverage, the amount of
coverage and the expiration date of the policy. (The copies of the Mortgage,
intervening assignments of Mortgage, if any, title insurance binder and the
Primary Insurance Policy, if any, described in the second and third preceding
sentences are collectively referred to herein as the "Document File" with
respect to each Mortgage Loan.) The Company shall advise the Trustee in writing
if such delivery to the Trustee shall not have occurred on or before the first
anniversary of the Closing Date. The Company shall promptly furnish to the
Trustee the documents included in the Document Files (other than any such
documents previously delivered to the Trustee as originals or copies) either (a)
upon the written request of the Trustee or (b) when the Company or the Trustee
obtains actual notice or knowledge of a Trigger Event. The Trustee shall have no
obligation to request delivery of the Document Files unless a Responsible
Officer of the Trustee has actual notice or knowledge of the occurrence of a
Trigger Event.
In the case of Mortgage Loans which have been prepaid in full after the
Cut-off Date and prior to the date of execution and delivery of this Agreement,
the Company, in lieu of delivering the above documents to the Trustee, herewith
delivers to the Trustee a certification of a Servicing Officer of the nature set
forth in Section 3.09.
(d) The Company shall not be required to record the assignments of the
Mortgages referred to in Section 2.01(b)(1)(iii) or file the UCC-3 assignments
referred to in Section 2.01(b)(2)(ix) to the Trustee unless the Company or the
Trustee obtains actual notice or knowledge of the occurrence of any Trigger
Event; provided, however, that such recording or filing shall not be required if
the Company delivers to the Trustee a letter from each Rating Agency to the
effect that the failure to take such action will not cause such Rating Agency to
reduce or withdraw its then current ratings of the Certificates. The party
obtaining actual notice or knowledge of any of such events shall give the other
party prompt written notice thereof. For purposes of the foregoing (as well as
for purposes of determining whether the Company shall be required to deliver the
Document Files to the Trustee following the occurrence of a Trigger Event), the
Company shall be deemed to have knowledge of any such downgrading referred to in
the definition of Trigger Event if, in the exercise of reasonable diligence, the
Company has or should have had knowledge thereof. As promptly as practicable
subsequent to the Company's delivery or receipt of such written notice, as the
case may be, the Company shall insert the recording or filing information in the
assignments of the Mortgages or UCC-3 assignments to the Trustee and shall cause
the same to be recorded or filed, at the Company's expense, in the appropriate
public office for real property records or UCC financing statements, except that
the Company need not cause to be so completed and recorded any assignment of
mortgage which relates to a Mortgage Loan secured by property in a jurisdiction
under the laws of which, on the basis of an Opinion of Counsel reasonably
satisfactory to the Trustee and satisfactory to each Rating Agency (as evidenced
in writing), recordation of such assignment is not necessary to protect the
Trustee against discharge of such Mortgage Loan by the Company or any valid
assertion that any Person other than the Trustee has title to or any rights in
such Mortgage Loan. In the event that the Company fails or refuses to record or
file the assignment of Mortgages or UCC-3 financing statement in the
circumstances provided above, the Trustee shall record or cause to be recorded
or filed such assignment or UCC-3 financing statement at the expense of the
Company. In connection with any such recording or filing, the Company shall
furnish such documents as may be reasonably necessary to accomplish such
recording or filing. Notwithstanding the foregoing, at any time the Company may
record or file, or cause to be recorded or filed, the assignments of Mortgages
or UCC-3 financing statement at the expense of the Company.
Section 2.02. Acceptance by Trustee. Subject to the examination hereinafter
provided, the Trustee acknowledges receipt of the Mortgage Notes, the
assignments of the Mortgages to the Trustee, the assumption and modification
agreements, if any, the documents specified in Section 2.01(b)(2) (subject to
any permitted delayed delivery of the documents described in Section
2.01(c)(iv)), and the Designated Loan Closing Documents, if any, delivered
pursuant to Section 2.01, and declares that the Trustee holds and will hold such
documents and each other document delivered to it pursuant to Section 2.01 in
trust, upon the trusts herein set forth, for the use and benefit of all present
and future Certificateholders. The Trustee agrees, for the benefit of
Certificateholders, to review each Mortgage File within 45 days after (i) the
execution and delivery of this Agreement, in the case of the Mortgage Notes, the
assignments of the Mortgages to the Trustee, the assumption and modification
agreements, if any, the documents specified in Section 2.01(b)(2) (subject to
any permitted delayed delivery of the documents described in Section
2.01(c)(iv)), and the Designated Loan Closing Documents, if any, (ii) delivery
to the Trustee after the Closing Date of the Mortgage Notes and the assumption
and modification agreements, if any, with respect to each Designated Loan, and
(iii) delivery of the recorded Mortgages, title insurance policies, recorded
intervening assignments of Mortgage, if any, and filed intervening UCC-3
financing statements, if any, with respect to any Cooperative Loan to ascertain
that all required documents set forth in Section 2.01 have been executed,
received and recorded, if applicable, and that such documents relate to the
Mortgage Loans identified in Exhibit C hereto. In performing such examination,
the Trustee may conclusively assume the due execution and genuineness of any
such document and the genuineness of any signature thereon. It is understood
that the scope of the Trustee's examination of the Mortgage Files is limited
solely to confirming, after receipt of the documents listed in Section 2.01,
that such documents have been executed, received and recorded, if applicable,
and relate to the Mortgage Loans identified in Exhibit C to this Agreement. If
in the course of such review the Trustee finds (1) that any document required to
be delivered as aforesaid has not been delivered, or (2) any such document has
been mutilated, defaced or physically altered without the borrower's
authorization or approval, or (3) based upon its examination of such documents,
the information with respect to any Mortgage Loan set forth on Exhibit C is not
accurate, the Trustee shall promptly so notify the Company in writing, which
shall have a period of 60 days after receipt of such notice to correct or cure
any such defect. The Company hereby covenants and agrees that, if any such
material defect cannot be corrected or cured, the Company will on a Distribution
Date which is not later than the first Distribution Date which is more than ten
days after the end of such 60-day period repurchase the related Mortgage Loan
from the Trustee at the Purchase Price therefor or replace such Mortgage Loan
pursuant to Section 2.03(b); provided, however, that if the defect (or breach
pursuant to Section 2.03(a)) is one that, had it been discovered before the
Startup Day, would have prevented the Mortgage Loan from being a "qualified
mortgage" within the meaning of the REMIC Provisions, such defect or breach
shall be cured, or the related Mortgage Loan shall be repurchased or replaced,
on a Distribution Date which falls within 90 days of the date of discovery of
such defect or breach. The Purchase Price for the repurchased Mortgage Loan, or
any amount required in respect of a substitution pursuant to Section 2.03(b),
shall be deposited by the Company in the Certificate Account pursuant to Section
3.02(d) on the Business Day prior to the applicable Distribution Date and, upon
receipt by the Trustee of written notification of such deposit signed by a
Servicing Officer, the Trustee shall release or cause to be released to the
Company the related Mortgage File and shall execute and deliver or cause to be
executed and delivered such instruments of transfer or assignment, in each case
without recourse, as shall be necessary to vest in the Company any Mortgage Loan
released pursuant hereto. It is understood and agreed that the obligation of the
Company to repurchase or replace any Mortgage Loan as to which a material defect
in a constituent document exists shall constitute the sole remedy respecting
such defect available to Certificateholders or the Trustee on behalf of
Certificateholders.
Upon receipt by the Trustee of the Mortgage Note with respect to a
Designated Loan that is not defective in accordance with the fifth sentence of
the preceding paragraph, the related Lost Note Affidavit delivered pursuant to
Section 2.01 shall be void and the Trustee shall return it to the Company.
Section 2.03. Representations and Warranties of the Company; Mortgage Loan
Repurchase. (a) The Company hereby represents and warrants to the Trustee that:
(i) The information set forth in Exhibit C hereto was true and correct
in all material respects at the date or dates respecting which such
information is furnished;
(ii) As of the date of the initial issuance of the Certificates, other
than with respect to Cooperative Loans, each Mortgage is a valid and
enforceable first lien on the property securing the related Mortgage Note
subject only to (a) the lien of current real property taxes and
assessments, (b) covenants, conditions and restrictions, rights of way,
easements and other matters of public record as of the date of recording of
such Mortgage, such exceptions appearing of record being acceptable to
mortgage lending institutions generally in the area wherein the property
subject to the Mortgage is located or specifically reflected in the
appraisal obtained in connection with the origination of the related
Mortgage Loan obtained by the Company and (c) other matters to which like
properties are commonly subject which do not materially interfere with the
benefits of the security intended to be provided by such Mortgage;
(iii) Immediately prior to the transfer and assignment herein
contemplated, the Company had good title to, and was the sole owner of,
each Mortgage Loan and all action had been taken to obtain good record
title to each related Mortgage. Each Mortgage Loan has been transferred
free and clear of any liens, claims and encumbrances;
(iv) As of the date of the initial issuance of the Certificates, no
payment of principal of or interest on or in respect of any Mortgage Loan
is 30 or more days past due and none of the Mortgage Loans have been past
due 30 or more days more than once during the preceding 12 months;
(v) As of the date of the initial issuance of the Certificates, other
than with respect to Cooperative Loans, there is no mechanics' lien or
claim for work, labor or material affecting the premises subject to any
Mortgage which is or may be a lien prior to, or equal or coordinate with,
the lien of such Mortgage except those which are insured against by the
title insurance policy referred to in (x) below;
(vi) As of the date of the initial issuance of the Certificates, other
than with respect to Cooperative Loans, there is no delinquent tax or
assessment lien against the property subject to any Mortgage;
(vii) As of the date of the initial issuance of the Certificates,
there is no valid offset, defense or counterclaim to any Mortgage Note or
Mortgage, including the obligation of the Mortgagor to pay the unpaid
principal and interest on such Mortgage Note;
(viii) As of the date of the initial issuance of the Certificates, the
physical property subject to any Mortgage (or, in the case of a Cooperative
Loan, the related Cooperative Apartment) is free of material damage and is
in good repair;
(ix) Each Mortgage Loan at the time it was made complied in all
material respects with applicable state and federal laws, including,
without limitation, usury, equal credit opportunity and disclosure laws;
(x) Other than with respect to Cooperative Loans, a lender's title
insurance policy or binder, or other assurance of title insurance customary
in the relevant jurisdiction therefor was issued on the date of the
origination of each Mortgage Loan and each such policy or binder is valid
and remains in full force and effect;
(xi) No more than 0.80% of the Mortgage Loans constitute Pledged Asset
Mortgage Loans. The Loan-to-Value Ratio of each Mortgage Loan (other than
Pledged Asset Mortgage Loans) was not more than 95.00%. Each Mortgage Loan
that had, as of the Cut-off Date, a Loan-to-Value Ratio of more than 80% is
covered by a Primary Insurance Policy so long as its then outstanding
principal amount exceeds 80% of the greater of (a) the Original Value and
(b) the then current value of the related Mortgaged Property as evidenced
by an appraisal thereof satisfactory to the Company. Each Primary Insurance
Policy is issued by a private mortgage insurer acceptable to FNMA or FHLMC.
None of the Pledged Asset Mortgage Loans is covered by a Primary Insurance
Policy;
(xii) Each Mortgage Note is payable on the first day of each month in
self-amortizing monthly installments of principal and interest, with
interest payable in arrears, over an original term of not more than thirty
years. The Mortgage Rate of each Mortgage Note of the related Mortgage Loan
was not less than 6.00% per annum and not greater than 9.75% per annum. The
Mortgage Rate of each Mortgage Note is fixed for the life of the related
Mortgage Loan;
(xiii) Other than with respect to Cooperative Loans, the improvements
on the Mortgaged Properties are insured against loss under a hazard
insurance policy with extended coverage and conforming to the requirements
of Section 3.06 hereof. As of the date of initial issuance of the
Certificates, all such insurance policies are in full force and effect;
(xiv) As of the Cut-off Date, (i) no more than 11.25% of the Mortgage
Loans by Scheduled Principal Balance had a Scheduled Principal Balance of
more than $500,000 and up to and including $750,000; (ii) no more than
3.50% of the Mortgage Loans by Scheduled Principal Balance had a Scheduled
Principal Balance of more than $750,000 and up to and including $1,000,000;
and (iii) no more than 1.30% of the Mortgage Loans by Scheduled Principal
Balance had a Scheduled Principal Balance of more than $1,000,000;
(xv) As of the Cut-off Date, no more than 0.90% of the Mortgage Loans
by Scheduled Principal Balance are secured by Mortgaged Properties located
in any one postal zip code area;
(xvi) As of the Cut-off Date, at least 98.00% of the Mortgage Loans by
Scheduled Principal Balance are secured by Mortgaged Properties determined
by the Company to be the primary residence of the Mortgagor. The basis for
such determination is the making of a representation by the Mortgagor at
origination that he or she intends to occupy the underlying property;
(xvii) As of the Cut-off Date, at least 89.25% of the Mortgage Loans
by Scheduled Principal Balance are secured by one-family detached
residences;
(xviii) As of the Cut-off Date, no more than 8.25% of the Mortgage
Loans by Scheduled Principal Balance are secured by condominiums and, as of
the Cut-off Date, no more than 0.80% of the Mortgage Loans by Scheduled
Principal Balance are secured by two- to four-family residential
properties. As to each condominium or related Mortgage Loan, (a) the
related condominium is in a project that is on the FNMA or FHLMC approved
list, (b) the related condominium is in a project that, upon submission of
appropriate application, could be so approved by either FNMA or FHLMC, (c)
the related Mortgage Loan meets the requirements for purchase by FNMA or
FHLMC, (d) the related Mortgage Loan is of the type that could be approved
for purchase by FNMA or FHLMC but for the principal balance of the related
Mortgage Loan or the pre-sale requirements or (e) the related Mortgage Loan
has been approved by a nationally recognized mortgage pool insurance
company for coverage under a mortgage pool insurance policy issued by such
insurer. As of the Cut-off Date, no more than 0.25% of the Mortgage Loans
by Scheduled Principal Balance are secured by condominiums located in any
one postal zip code area;
(xix) Other than with respect to Cooperative Loans, no Mortgage Loan
is secured by a leasehold interest in the related Mortgaged Property and
each Mortgagor holds fee title to the related Mortgaged Property;
(xx) As of the Cut-off Date, no more than 0.25% of the Mortgage Loans
constituted Buydown Mortgage Loans. The maximum Buydown Period for any
Buydown Mortgage Loan is three years, and the maximum difference between
the stated Mortgage Rate of any Buydown Mortgage Loan and the rate paid by
the related Mortgagor is three percentage points. The portion of the
interest rate paid by the related Mortgagor will not increase by more than
one percentage point for each six-month period.
(xxi) The original principal balances of the Mortgage Loans range from
$40,000 to $1,455,000;
(xxii) As of the Cut-off Date, no more than 1.50% of the Mortgage
Loans by Scheduled Principal Balance are secured by second homes and no
more than 0.50% of the Mortgage Loans by Scheduled Principal Balance are
secured by investor-owned properties;
(xxiii) All appraisals have been prepared substantially in accordance
with the description contained under the caption "The Trust Fund - The
Mortgage Loans" in the Company's prospectus dated October 22, 1998,
accompanying the Prospectus Supplement dated January 21, 1999, pursuant to
which certain Classes of the Certificates were publicly offered;
(xxiv) No selection procedures, other than those necessary to comply
with the representations and warranties set forth herein or the description
of the Mortgage Loans made in any disclosure document delivered to
prospective investors in the Certificates, have been utilized in selecting
the Mortgage Loans from the Company's portfolio which would be adverse to
the interests of the Certificateholders;
(xxv) Other than with respect to Cooperative Loans, to the best of the
Company's knowledge, at origination no improvement located on or being part
of a Mortgaged Property was in violation of any applicable zoning and
subdivision laws and ordinances;
(xxvi) None of the Mortgage Loans is a temporary construction loan.
With respect to any Mortgaged Property which constitutes new construction,
the related construction has been completed substantially in accordance
with the specifications therefor and any incomplete aspect of such
construction shall not be material or interfere with the habitability or
legal occupancy of the Mortgaged Property. Mortgage Loan amounts sufficient
to effect any such completion are in escrow for release upon or in
connection with such completion or a performance bond or completion bond is
in place to provide funds for this purpose and such completion shall be
accomplished within 120 days after weather conditions permit the
commencement thereof;
(xxvii) As of the Closing Date, each Mortgage Loan is a "qualified
mortgage" as defined in Section 860G(a)(3) of the Code;
(xxviii) As of the Closing Date, the Company possesses the Document
File with respect to each Mortgage Loan, and, other than with respect to
Cooperative Loans, the related Mortgages and intervening assignment or
assignments of Mortgages, if any, have been delivered to a title insurance
company for recording;
(xxix) As of the Cut-Off Date, no more than 0.10% of the Mortgage
Loans, by Scheduled Principal Balance, are Cooperative Loans. With respect
to each Cooperative Loan:
(A) The Security Agreement creates a first lien in the stock
ownership and leasehold rights associated with the related Cooperative
Apartment;
(B) The lien created by the related Security Agreement is a
valid, enforceable and subsisting first priority security interest in
the related Cooperative Stock securing the related Mortgage Note,
subject only to (a) liens of the Cooperative for unpaid assessments
representing the Mortgagor's pro rata share of the Cooperative's
payments for its blanket mortgage, current and future real property
taxes, insurance premiums, maintenance fees and other assessments to
which like collateral is commonly subject and (b) other matters to
which like collateral is commonly subject which do not materially
interfere with the benefits of the security intended to be provided by
the Security Agreement. There are no liens against or security
interest in the Cooperative Stock relating to such Cooperative Loan
(except for unpaid maintenance, assessments and other amounts owed to
the related Cooperative which individually or in the aggregate do not
have a material adverse effect on such Cooperative Loan), which have
priority over the Trustee's security interest in such Cooperative
Stock;
(C) The Cooperative Stock that is pledged as security for the
Mortgage Loan is held by a person as a "tenant-stockholder" within the
meaning of section 216 of the Code, the related Cooperative that owns
title to the related cooperative apartment building is a "cooperative
housing corporation" within the meaning of section 216 of the Code,
and such Cooperative is in material compliance with applicable
federal, state and local laws which, if not complied with, could have
a material adverse effect on the Mortgaged Property; and
(D) There is no prohibition against pledging the Cooperative
Stock or assigning the Proprietary Lease; and
(xxx) With respect to each Mortgage Loan identified on Exhibit C as
having been originated or acquired under the Company's Enhanced Streamlined
Refinance program, the value of the related Mortgaged Property, as of the
date of such origination or acquisition under the Company's Enhanced
Streamlined Refinance program, is no less than the value thereof
established at the time the mortgage loan that is the subject of the
refinancing was originated.
It is understood and agreed that the representations and warranties set
forth in this Section 2.03(a) shall survive delivery of the respective Mortgage
Files to the Trustee. Upon discovery by either the Company or the Trustee of a
breach of any of the foregoing representations and warranties which materially
and adversely affects the interests of the Certificateholders in the related
Mortgage Loan, the party discovering such breach shall give prompt written
notice to the other. Subject to the following sentence, within 60 days of its
discovery or its receipt of notice of breach, or, with the prior written consent
of a Responsible Officer of the Trustee, such longer period specified in such
consent, the Company shall cure such breach in all material respects or shall
repurchase such Mortgage Loan from the Trustee or replace such Mortgage Loan
pursuant to Section 2.03(b). Any such repurchase by the Company shall be
accomplished in the manner set forth in Section 2.02, subject to the proviso of
the third-to-last sentence thereof, and at the Purchase Price. It is understood
and agreed that the obligation of the Company to repurchase or replace any
Mortgage Loan as to which a breach occurred and is continuing shall constitute
the sole remedy respecting such breach available to Certificateholders or the
Trustee on behalf of Certificateholders and such obligation of the Company to
repurchase or replace any such Mortgage Loan shall not be assumed by any Person
which may succeed the Company as servicer hereunder, but shall continue as an
obligation of the Company. Notwithstanding the preceding sentence, if a breach
of the representation and warranty of the Company contained in Section
2.03(a)(ix) occurs as a result of a violation of the federal Truth in Lending
Act, 15 U.S.C. ss. 1601 et seq., as amended ("TILA") or any state truth-in
lending or similar statute, and the Trustee or the Trust Fund is named as a
defendant in a TILA suit or a suit under any such statutes in respect of such
violation and liability in respect thereof is imposed upon the Trustee or the
Trust Fund as assignees of the related Mortgage Loan pursuant to Section 1641 of
TILA, or any analogous provision of any such statute, the Company shall
indemnify the Trustee and the Trust Fund from, and hold them harmless against,
any and all losses, liabilities, damages, claims or expenses (including
reasonable attorneys' fees) to which the Trustee and the Trust Fund, or either
of them, become subject pursuant to TILA or any such statute, insofar as such
losses, damages, claims or expenses (including reasonable attorneys' fees)
result from such violation. The Company's obligations under the preceding
sentence shall not impair or derogate from the Company's obligations to the
Trustee under Section 8.05.
(b) If the Company is required to repurchase any Mortgage Loan pursuant
to Section 2.02 or 2.03(a), the Company may, at its option, within the
applicable time period specified in such respective Sections, remove such
Defective Mortgage Loan from the terms of this Agreement and substitute one or
more other mortgage loans for such Defective Mortgage Loan, in lieu of
repurchasing such Defective Mortgage Loan, provided that no such substitution
shall occur more than two years after the Closing Date. Any substitute Mortgage
Loan shall (a) have a Scheduled Principal Balance (together with that of any
other Mortgage Loan substituted for the same Defective Mortgage Loan) as of the
first Distribution Date following the month of substitution not in excess of the
Scheduled Principal Balance of the Defective Mortgage Loan as of such date (the
amount of any difference, plus one month's interest thereon at the respective
Remittance Rate, to be deposited by the Company in the Certificate Account
pursuant to Section 2.02), (b) have a Mortgage Rate not less than, and not more
than one percentage point greater than, the Mortgage Rate of the Defective
Mortgage Loan, (c) have the same Net Mortgage Rate as the Defective Mortgage
Loan, (d) have a remaining term to stated maturity not later than, and not more
than one year less than, the remaining term to stated maturity of the Defective
Mortgage Loan, (e) be, in the reasonable determination of the Company, of the
same type, quality and character as the Defective Mortgage Loan as if the defect
or breach had not occurred, (f) have a ratio of its current principal amount to
its Original Value not greater than that of the removed Mortgage Loan and (g)
be, in the reasonable determination of the Company, in compliance with the
representations and warranties contained in Section 2.03(a) as of the date of
substitution.
The Company shall amend the Mortgage Loan Schedule to reflect the
withdrawal of any Defective Mortgage Loan and the substitution of a substitute
Mortgage Loan therefor. Upon such amendment the Company shall be deemed to have
made as to such substitute Mortgage Loan the representations and warranties set
forth in Section 2.03(a) as of the date of such substitution, which shall be
continuing as long as any Certificate shall be outstanding or this Agreement has
not been terminated, and the remedies for breach of any such representation or
warranty shall be as set forth in Section 2.03(a). Upon such amendment, the
Trustee shall review the Mortgage File delivered to it relating to the
substitute Mortgage Loan, within the time and in the manner and with the
remedies specified in Section 2.02, except that for purposes of this Section
2.03(b) (other than the two-year period specified in the first sentence of the
preceding paragraph of this Section 2.03(b)), such time shall be measured from
the date of the applicable substitution.
Section 2.04. Execution of Certificates. The Trustee has caused to be
executed, countersigned and delivered to or upon the order of the Company, in
exchange for the Mortgage Loans, the Certificates in authorized denominations
evidencing the entire ownership of the Trust Fund.
Section 2.05. Designations under the REMIC Provisions. (a) The Company
hereby designates the Classes of Certificates identified in Section 5.01(b),
other than the Residual Certificate, as "regular interests," and the Class R
Certificate as the single class of "residual interest," in the REMIC established
hereunder for purposes of the REMIC Provisions.
(b) The Closing Date will be the "Startup Day" for the REMIC
established hereunder for purposes of the REMIC Provisions.
(c) The "tax matters person" with respect to the REMIC established
hereunder for purposes of the REMIC Provisions shall be (i) the Company, if the
Company is the owner of a Class R Certificate, or (ii) in any other case, the
beneficial owner of the Class R Certificate having the largest Percentage
Interest of such Class; provided, however, that such largest beneficial owner
and, to the extent relevant, each other holder of a Class R Certificate, by its
acceptance thereof irrevocably appoints the Company as its agent and
attorney-in-fact to act as "tax matters person" with respect to the REMIC
established hereunder for purposes of the REMIC Provisions.
(d) The "latest possible maturity date" of the regular interests in the
REMIC established hereunder is the Latest Possible Maturity Date for purposes of
section 860G(a)(1) of the Code.
(e) In the event that the Servicing Fee exceeds the amount reasonable
for such services (within the meaning of Treasury Regulation
1.860D-1(b)(1)(ii)), the portion or portions of such fee that can be measured as
a fixed number of basis points on some or all of the Mortgage Loans and can be
treated as one or more stripped coupons within the meaning of Treasury
Regulation 1.860D-1(b)(2)(iii) shall be treated as such stripped coupons and
shall not be treated as a REMIC asset.
ARTICLE III
ADMINISTRATION AND SERVICING OF MORTGAGE LOANS
Section 3.01. Company to Act as Servicer. (a) It is intended that the REMIC
established hereunder shall constitute, and that the affairs of the REMIC shall
be conducted so as to qualify the Trust Fund (other than any collateral fund
established under the agreement referred to in Section 3.08(e)), as a "real
estate mortgage investment conduit" as defined in and in accordance with the
REMIC Provisions. In furtherance of such intention, the Company covenants and
agrees that it shall act as agent (and the Company is hereby appointed to act as
agent) on behalf of the Trust Fund and the Holders of the Residual Certificates
and that in such capacity it shall:
(i) prepare and file, or cause to be prepared and filed, in a timely
manner, a U.S. Real Estate Mortgage Investment Conduit Income Tax Return
(Form 1066) and prepare and file or cause to be prepared and filed with the
Internal Revenue Service and applicable state or local tax authorities
income tax or information returns for each taxable year with respect to the
REMIC established hereunder, using the calendar year as the taxable year
and the accrual method of accounting, containing such information and at
the times and in the manner as may be required by the Code or state or
local tax laws, regulations, or rules, and shall furnish or cause to be
furnished to Certificateholders the schedules, statements or information at
such times and in such manner as may be required thereby; (ii) within
thirty days of the Closing Date, shall furnish or cause to be furnished to
the Internal Revenue Service, on Form 8811 or as otherwise may be required
by the Code, the name, title, address, and telephone number of the person
that the holders of the Certificates may contact for tax information
relating thereto (and the Company shall act as the representative of the
REMIC established hereunder for this purpose), together with such
additional information as may be required by such Form, and shall update
such information at the time or times and in the manner required by the
Code;
(iii) make or cause to be made an election, on behalf of the REMIC
established hereunder, to be treated as a REMIC, and make the appropriate
designations, if applicable, in accordance with Section 2.05 hereof on the
federal tax return of the Trust Fund for its first taxable year (and, if
necessary, under applicable state law);
(iv) prepare and forward, or cause to be prepared and forwarded, to
the Certificateholders and to the Internal Revenue Service and, if
necessary, state tax authorities, all information returns or reports, or
furnish or cause to be furnished by telephone, mail, publication or other
appropriate method such information, as and when required to be provided to
them in accordance with the REMIC Provisions, including without limitation,
the calculation of any original issue discount using the Prepayment
Assumption Multiple;
(v) provide information necessary for the computation of tax imposed
on the transfer of a Residual Certificate to a Disqualified Organization,
or an agent (including a broker, nominee or other middleman) of a
Disqualified Organization, or a pass-through entity in which a Disqualified
Organization is the record holder of an interest (the reasonable cost of
computing and furnishing such information may be charged to the Person
liable for such tax);
(vi) use its best reasonable efforts to conduct the affairs of the
REMIC established hereunder at all times that any Certificates are
outstanding so as to maintain the status thereof as a REMIC under the REMIC
Provisions;
(vii) not knowingly or intentionally take any action or omit to take
any action that would cause the termination of the REMIC status of the
REMIC or that would subject the Trust Fund to tax;
(viii) exercise reasonable care not to allow the creation of any
"interests" in the REMIC within the meaning of section 860D(a)(2) of the
Code other than the interests represented by the Classes of Certificates
identified in Section 5.01(b);
(ix) exercise reasonable care not to allow the occurrence of any
"prohibited transactions" within the meaning of section 860F of the Code,
unless the Company shall have provided an Opinion of Counsel to the Trustee
that such occurrence would not (a) result in a taxable gain, (b) otherwise
subject the Trust Fund to tax, or (c) cause the REMIC established hereunder
to fail to qualify as a REMIC;
(x) exercise reasonable care not to allow the Trust Fund to receive
income from the performance of services or from assets not permitted under
the REMIC Provisions to be held by a REMIC;
(xi) pay the amount of any federal or state tax, including prohibited
transaction taxes, taxes on certain contributions to the REMIC after the
Startup Day, and taxes on net income from foreclosure property, imposed on
the Trust Fund when and as the same shall be due and payable (but such
obligation shall not prevent the Company or any other appropriate Person
from contesting any such tax in appropriate proceedings and shall not
prevent the Company from withholding payment of such tax, if permitted by
law, pending the outcome of such proceedings);
(xii) ensure that federal, state or local income tax or information
returns shall be signed by the Trustee or such other person as may be
required to sign such returns by the Code or state or local laws,
regulations or rules; and
(xiii) maintain such records relating to the REMIC established
hereunder, including but not limited to the income, expenses, individual
Mortgage Loans (including Mortgaged Property), other assets and liabilities
thereof, and the fair market value and adjusted basis of the property of
each determined at such intervals as may be required by the Code, as may be
necessary to prepare the foregoing returns, schedules, statements or
information.
The Company shall be entitled to be reimbursed pursuant to Section 3.04 for
any federal income taxes paid by it pursuant to clause (xi) of the preceding
sentence, except to the extent that such taxes are imposed as a result of the
bad faith, misfeasance or negligence of the Company in the performance of its
obligations hereunder. With respect to any reimbursement of prohibited
transaction taxes, the Company shall inform the Trustee of the circumstances
under which such taxes were incurred.
(b) The Company shall service and administer the Mortgage Loans and
shall have full power and authority, acting alone or through one or more Primary
Servicers, to do any and all things in connection with such servicing and
administration which it may deem necessary or desirable. Without limiting the
generality of the foregoing, the Company shall continue, and is hereby
authorized and empowered by the Trustee, to execute and deliver, or file, as
appropriate, on behalf of itself, the Certificateholders and the Trustee or any
of them, any and all continuation statements, termination statements,
instruments of satisfaction or cancellation, or of partial or full release or
discharge and all other comparable instruments, with respect to the Mortgage
Loans and with respect to the properties subject to the Mortgages. Without
limitation of the foregoing, if the Company in its individual capacity agrees to
refinance any Mortgage Loan upon the request of the related Mortgagor, the
Company, as servicer hereunder, may execute an instrument of assignment in
customary form to the Company in its individual capacity. In connection with any
such refinancing, the Trustee shall, upon certification of a Servicing Officer
to the effect that an amount equal to the principal balance of the related
Mortgage Loan together with accrued and unpaid interest thereon at the
applicable Remittance Rate to the date of such certification has been credited
to the Mortgage Loan Payment Record, release the related Mortgage File to the
Company whereupon the Company may cancel the related Mortgage Note. Upon request
by the Company after the execution and delivery of this Agreement, the Trustee
shall furnish the Company with any powers of attorney and other documents
necessary or appropriate to enable the Company to carry out its servicing and
administrative duties hereunder. Except as otherwise provided herein, the
Company shall maintain servicing standards substantially equivalent to those
required for approval by FNMA or FHLMC. The Company shall not agree to any
modification of the material terms of any Mortgage Loan except as provided in
the second sentence of Section 3.02(a) and in Section 3.07. The Company shall
not release any portion of any Mortgaged Property from the lien of the related
Mortgage unless the related Mortgage Loan would be a "qualified mortgage" within
the meaning of the REMIC Provisions following such release.
(c) [Intentionally Omitted.]
(d) The relationship of the Company (and of any successor to the
Company as servicer under this Agreement) to the Trustee under this Agreement is
intended by the parties to be that of an independent contractor and not that of
a joint venturer, partner or agent.
(e) All costs incurred by the Company in effecting the timely payment
of taxes and assessments on the properties subject to the Mortgage Loans shall
not, for the purpose of calculating monthly distributions to Certificateholders,
be added to the amount owing under the related Mortgage Loans, notwithstanding
that the terms of such Mortgage Loans so permit, and such costs shall be
recoverable by the Company to the extent permitted by Section 3.04. The Company
shall collect such amounts from the Mortgagor and shall credit the Mortgage Loan
Payment Record accordingly.
(f) If the Company enters into a servicing agreement with any servicer
(a "Primary Servicer") pursuant to which such Primary Servicer shall directly
service certain Mortgage Loans and the Company shall perform master servicing
with respect thereto, the Company shall not be released from its obligations to
the Trustee and Certificateholders with respect to the servicing and
administration of the Mortgage Loans in accordance with the provisions of
Article III hereof and such obligations shall not be diminished by virtue of any
such servicing agreement or arrangement and the Company shall be obligated to
the same extent and under the same terms and conditions as if the Company alone
were servicing and administering the Mortgage Loans. Any amounts received by a
Primary Servicer in respect of a Mortgage Loan shall be deemed to have been
received by the Company whether or not actually received by it. Any servicing
agreement that may be entered into and any transactions or services relating to
the Mortgage Loans involving a Primary Servicer in its capacity as such shall be
deemed to be between the Company and the Primary Servicer alone, and the Trustee
and the Certificateholders shall have no claims, obligations, duties or
liabilities with respect thereto. Notwithstanding the foregoing, in the event
the Company has been removed as the servicer hereunder pursuant to Section 6.04
or Section 7.01, the Trustee or any successor servicer appointed pursuant to
Section 7.02 shall succeed to all of the Company's rights and interests (but not
to any obligations or liabilities of the Company arising prior to the date of
succession) under any servicing agreement with any Primary Servicer in respect
of the Mortgage Loans, subject to the limitation on the Trustee's
responsibilities under Section 7.02.
(g) In no event shall any collateral fund established under the
agreement referred to in Section 3.08(e) constitute an asset of any REMIC
established hereunder.
Section 3.02. Collection of Certain Mortgage Loan Payments; Mortgage Loan
Payment Record; Certificate Account. (a) The Company shall make reasonable
efforts to collect all payments called for under the terms and provisions of the
Mortgage Loans, and shall, to the extent such procedures shall be consistent
with this Agreement, follow such collection procedures as it follows with
respect to mortgage loans comparable to the Mortgage Loans in its servicing
portfolio. Consistent with the foregoing, the Company may in its discretion (i)
waive any late payment charge or any assumption fees or other fees which may be
collected in the ordinary course of servicing such Mortgage Loan and (ii) if a
default on the Mortgage Loan has occurred or is reasonably foreseeable, arrange
at any time prior to foreclosure with a Mortgagor a schedule for the payment of
due and unpaid principal and interest for a period extending not longer than two
years after the date that such schedule is arranged. Any arrangement of the sort
described in clause (ii) above shall not affect the amount or timing of the
Company's obligation to make Monthly Advances with respect to any Mortgage Loan
which Monthly Advances shall be made pursuant to the original amortization
schedule applicable to such Mortgage Loan.
(b) The Company shall establish and maintain a Mortgage Loan Payment
Record in which the following payments on and collections in respect of each
Mortgage Loan shall as promptly as practicable be credited by the Company for
the account of the Holders of the Certificates:
(i) All payments on account of principal, including Principal
Prepayments (other than (A) payments of principal due and payable on the
Mortgage Loans on or before, and all Principal Prepayments received before,
the Cut-off Date, (B) in the case of a substitute Mortgage Loan, payments
of principal due and payable on such Mortgage Loan on or before the
Determination Date in the month of substitution, and all Principal
Prepayments received before the first day of the month of substitution, and
(C) in the case of a replaced Mortgage Loan, payments of principal due and
payable on such Mortgage Loan after the Determination Date in the month of
substitution, and all Principal Prepayments received in the month of
substitution);
(ii) All payments (other than (A) those due and payable on or before
the Cut-off Date, (B) in the case of a substitute Mortgage Loan, those due
and payable on such Mortgage Loan on or before the Determination Date in
the month of substitution, and (C) in the case of a replaced Mortgage Loan,
those due and payable on such Mortgage Loan after the Determination Date in
the month of substitution) on account of interest at the applicable
Remittance Rate on the Mortgage Loan received from the related Mortgagor,
including any Buydown Funds applied with respect to interest at the
applicable Remittance Rate on any Buydown Mortgage Loan;
(iii) All Liquidation Proceeds received by the Company with respect to
such Mortgage Loan and the Purchase Price for any Mortgage Loan purchased
by the Company pursuant to Sections 2.02, 2.03 and 3.16 (including any
amounts received in respect of a substitution of a Mortgage Loan);
(iv) All Insurance Proceeds (including, for this purpose, any amounts
required to be credited by the Company pursuant to the last sentence of
Section 3.06) received by the Company for the benefit of the Trust Fund,
other than proceeds to be applied to the restoration or repair of the
property subject to the related Mortgage or released, or to be released, to
the related Mortgagor in accordance with the normal servicing procedures of
the Company;
(v) All REO Proceeds;
(vi) All Unanticipated Recoveries; and
(vii) All amounts received by the Company with respect to any Pledged
Asset Mortgage Loan pursuant to the liquidation of any Additional
Collateral or pursuant to any recovery under the Surety Bond in accordance
with Section 4.09.
The foregoing requirements respecting credits to the Mortgage Loan Payment
Record are exclusive, it being understood that, without limiting the generality
of the foregoing, the Company need not enter in the Mortgage Loan Payment Record
collections, Liquidation Proceeds or Insurance Proceeds in respect of Mortgage
Loans which have been previously released from the terms of this Agreement,
amounts representing fees or late charge penalties payable by Mortgagors, or
amounts received by the Company for the account of Mortgagors for application
towards the payment of taxes, insurance premiums, assessments and similar items.
(c) Subject to subsection (e) below, until the Business Day prior to each
Distribution Date on which amounts are required to be transferred to the
Certificate Account pursuant to subsection (d) of this Section 3.02, the Company
may retain and commingle such amounts with its own funds and shall be entitled
to retain for its own account any gain or investment income thereon, and any
such investment income shall not be subject to any claim of the Trustee or
Certificateholders. To the extent that the Company realizes any net loss on any
such investments, the Company shall deposit in the Certificate Account an amount
equal to such net loss at the time the Company is required to deposit amounts in
the Certificate Account pursuant to subsection (d) of this section 3.02. Any
such deposit shall not increase the Company's obligation under said subsection
(d).
(d) The Trustee shall establish and maintain with the Trustee in its
corporate trust department a single separate trust account designated in the
name of the Trustee for the benefit of the Holders of the Certificates issued
hereunder (the "Certificate Account") into which the Company shall transfer, not
later than 11:00 a.m. New York time on the Business Day prior to each
Distribution Date, an amount in next day funds equal to the sum of Available
Funds for such Distribution Date and any Unanticipated Recoveries received in
the calendar month preceding the month of such Distribution Date. If the Trustee
does not receive such transfer by 2:00 p.m. on such Business Day, it shall give
the Company written notice thereof.
(e) If the Company or a Responsible Officer of the Trustee obtains actual
notice of or knowledge of the occurrence of either (x) any Trigger Event or (y)
the downgrade by S&P of General Electric Capital Corporation's short-term senior
unsecured debt rating below A-1+ then, notwithstanding subsection (c) above, the
Company shall promptly establish, and thereafter maintain, one or more Eligible
Accounts in the name of the Trustee and bearing a designation indicating that
amounts therein are held for the benefit of the Trustee and the
Certificateholders, into which the Company and any Primary Servicer shall
deposit within two Business Days after receipt, all amounts otherwise required
to be credited to the Mortgage Loan Payment Record pursuant to Section 3.02(b);
provided, however, that such action shall not be required if the Company
delivers to the Trustee a letter from each Rating Agency to the effect that the
failure to take such action will not cause such Rating Agency to withdraw or
reduce its then current ratings of the Certificates. All amounts so deposited
shall be held in trust for the benefit of Certificateholders. Amounts so
deposited may be invested at the written instruction of the Company in Permitted
Investments in the name of the Trustee maturing no later than the Business Day
preceding the Distribution Date following the date of such investment; provided,
however, that any such Permitted Investment which is an obligation of State
Street Bank and Trust Company, in its individual capacity and not in its
capacity as Trustee, may mature on such Distribution Date; and, provided
further, that no such Permitted Investment shall be sold before the maturity
thereof if the sale thereof would result in the realization of gain prior to
maturity unless the Company has obtained an Opinion of Counsel that such sale or
disposition will not cause the Trust Fund to be subject to the tax on prohibited
transactions under section 860F of the Code, or otherwise subject the Trust Fund
to tax or cause the REMIC established hereunder to fail to qualify as a REMIC.
The Trustee shall maintain physical possession of all Permitted Investments,
other than Permitted Investments maintained in book-entry form. The Company, as
servicer, shall be entitled to retain for its own account any gain or other
income from Permitted Investments, and neither the Trustee nor
Certificateholders shall have any right or claim with respect to such income.
The Company shall deposit an amount equal to any loss realized on any Permitted
Investment as soon as any such loss is realized. If the provisions in this
subsection (e) become operable, references in this Agreement to the Mortgage
Loan Payment Record and credits and debits to such Record shall be deemed to
refer to Eligible Accounts and transfers to and withdrawals from such Eligible
Accounts. Any action which may be necessary to establish the terms of an account
pursuant to this Section 3.02(e) may be taken by an amendment or supplement to
this Agreement or pursuant to a written order of the Company, which amendment,
supplement or order shall not require the consent of Certificateholders,
provided that the Company has delivered to the Trustee a letter from each Rating
Agency to the effect that such amendment, supplement or order will not cause
such Rating Agency to withdraw or reduce its then current ratings of the
Certificates.
Section 3.03. Collection of Taxes, Assessments and Other Items. Other than
with respect to any Cooperative Loan, the Company shall establish and maintain
with one or more depository institutions one or more accounts into which it
shall deposit all collections of taxes, assessments, private mortgage or hazard
insurance premiums or comparable items for the account of the Mortgagors. As
servicer, the Company shall effect the timely payment of all such items for the
account of Mortgagors. Withdrawals from such account or accounts may be made
only to effect payment of taxes, assessments, private mortgage or standard
hazard insurance premiums or comparable items, to reimburse the Company out of
related collections for any payments made regarding taxes and assessments or for
any payments made pursuant to Section 3.05 regarding premiums on Primary
Insurance Policies and Section 3.06 regarding premiums on standard hazard
insurance policies, to refund to any Mortgagors any sums determined to be
overages, or to pay interest owed to Mortgagors to the extent required by law.
Section 3.04. Permitted Debits to the Mortgage Loan Payment Record. The
Company (or any successor servicer pursuant to Section 7.02) may, from time to
time, make debits to the Mortgage Loan Payment Record for the following
purposes:
(i) To reimburse the Company or the applicable Primary Servicer for
Liquidation Expenses theretofore incurred in respect of any Mortgage Loan
in an amount not to exceed the amount of the related Liquidation Proceeds
credited to the Mortgage Loan Payment Record pursuant to Section
3.02(b)(iii); provided that the Company or the applicable Primary Servicer
shall not be entitled to reimbursement for Liquidation Expenses incurred
after the initiation of foreclosure proceedings in respect of any Defaulted
Mortgage Loan that is repurchased pursuant to Section 3.16;
(ii) To reimburse the Company or the applicable Primary Servicer for
Insured Expenses and amounts expended by it pursuant to Section 3.08 in
good faith in connection with the restoration of property damaged by an
Uninsured Cause, in an amount not to exceed the amount of the related
Insurance Proceeds and Liquidation Proceeds (net of any debits pursuant to
clause (i) above) and amounts representing proceeds of other insurance
policies covering the property subject to the related Mortgage credited to
the Mortgage Loan Payment Record pursuant to Section 3.02(b) (iii) and
(iv);
(iii) To reimburse the Company to the extent permitted by Sections
3.01(a) and 6.04;
(iv) To pay to the Company amounts received in respect of any
Defective Mortgage Loan or Defaulted Mortgage Loan purchased by the Company
to the extent that the distribution of any such amounts on the Distribution
Date upon which the proceeds of such purchase are distributed would make
the total amount distributed in respect of any such Mortgage Loan on such
Distribution Date greater than the Purchase Price therefor, net of any
unreimbursed Monthly Advances made by the Company;
(v) To reimburse the Company (or the Trustee, as applicable) for
Monthly Advances theretofore made in respect of any Mortgage Loan to the
extent of late payments, REO Proceeds, Insurance Proceeds and Liquidation
Proceeds in respect of such Mortgage Loan;
(vi) To reimburse the Company from any Mortgagor payment of interest
or other recovery with respect to a particular Mortgage Loan, to the extent
not previously retained by the Company, for unpaid Servicing Fees with
respect to such Mortgage Loan, subject to Section 3.08(d);
(vii) To reimburse the Company (or the Trustee, as applicable) for any
Nonrecoverable Advance (which right of reimbursement of the Trustee
pursuant to this clause shall be prior to such right of the Company);
(viii) To make transfers of funds to the Certificate Account pursuant
to Section 3.02(d);
(ix) To pay to the Company amounts received in respect of any Mortgage
Loan purchased by the Company pursuant to Section 9.01 to the extent that
the distribution of any such amounts on the final Distribution Date upon
which the proceeds of such purchase are distributed would make the total
amount distributed in respect of any such Mortgage Loan on such
Distribution Date greater than the purchase price therefor specified in
clause (x) of the first sentence of Section 9.01; and
(x) To deduct any amount credited to the Mortgage Loan Payment Record
in error.
The Company shall keep and maintain separate accounting records, on a
Mortgage Loan by Mortgage Loan basis, for the purpose of accounting for debits
to the Mortgage Loan Payment Record pursuant to clauses (i), (ii), (iv), (v) and
(vi) of this Section 3.04; provided, however, that it is understood and agreed
that the records of such accounting need not be retained by the Company for a
period longer than the five most recent fiscal years.
Section 3.05. Maintenance of the Primary Insurance Policies. (a) The
Company shall not take any action which would result in non-coverage under any
applicable Primary Insurance Policy of any loss which, but for the actions of
the Company, would have been covered thereunder. To the extent coverage is
available, the Company shall keep or cause to be kept in full force and effect
each such Primary Insurance Policy until the principal balance of the related
Mortgage Note is 80% or less of the greater of (i) the related Original Value
and (ii) the then current value of the property underlying the related Mortgage
Note as evidenced by an appraisal thereof satisfactory to the Company; provided
that no such Primary Insurance Policy need be kept in effect if doing so would
violate applicable law. The Company shall not cancel or refuse to renew any such
Primary Insurance Policy applicable to a Mortgage Loan that is in effect at the
Closing Date and is required to be kept in force hereunder unless the
replacement Primary Insurance Policy for such canceled or non-renewed policy is
maintained with an insurer whose claims-paying ability is acceptable to each
Rating Agency for mortgage pass-through certificates having ratings equal to or
better than the ratings then assigned to the Certificates by such Rating Agency.
The Company agrees to effect the timely payment of the premium on each Primary
Insurance Policy, and such costs not otherwise recoverable shall be recoverable
by the Company from related Insurance Proceeds and Liquidation Proceeds pursuant
to Section 3.04.
(b) In connection with its activities as administrator and servicer of the
Mortgage Loans, the Company agrees to present, on behalf of itself, the Trustee
and the Certificateholders, claims to the insurer under each Primary Insurance
Policy and, in this regard, to take such reasonable action as shall be necessary
to permit recovery under any Primary Insurance Policy respecting a related
defaulted Mortgage Loan. To the extent provided in Section 3.02(b), any amounts
collected by the Company under any Primary Insurance Policy in respect of the
Mortgage Loans (including, without limitation, a Mortgage Loan purchased by a
related insurer) shall be credited to the Mortgage Loan Payment Record.
Section 3.06. Maintenance of Hazard Insurance. The Company shall cause to
be maintained for each Mortgage Loan, other than a Cooperative Loan, hazard
insurance with a standard mortgagee clause and with extended coverage in an
amount which is at least equal to the maximum insurable value of the
improvements securing such Mortgage Loan from time to time or the principal
balance owing on such Mortgage Loan from time to time, whichever is less. The
Company shall also maintain on property (other than Cooperative Apartments)
acquired upon foreclosure, or by deed in lieu of foreclosure, hazard insurance
with extended coverage in an amount which is at least equal to the lesser of (i)
the maximum insurable value from time to time of the improvements which are a
part of such property or (ii) the unpaid principal balance of such Mortgage Loan
at the time of such foreclosure or deed in lieu of foreclosure plus accrued
interest and the good-faith estimate of the Company of related Liquidation
Expenses to be incurred in connection therewith. To the extent provided in
Section 3.02(b)(iv), amounts collected by the Company under any such policies in
respect of the Mortgage Loans shall be credited to the Mortgage Loan Payment
Record. Such costs shall be recoverable by the Company pursuant to Sections 3.03
and 3.04. In cases in which property securing any Mortgage Loan other than a
Cooperative Loan is located in a federally designated flood area, the hazard
insurance to be maintained for such Mortgage Loan shall include flood insurance.
All such flood insurance shall be in such amounts as are required under
applicable guidelines of FNMA. The Company shall be under no obligation to
require that any Mortgagor maintain earthquake or other additional insurance and
shall be under no obligation itself to maintain any such additional insurance on
property acquired in respect of a Mortgage Loan, other than pursuant to such
applicable laws and regulations as shall at any time be in force and as shall
require such additional insurance. If the Company shall obtain and maintain a
blanket policy insuring against hazard losses on all of the Mortgage Loans
(whether or not including Cooperative Loans), it shall conclusively be deemed to
have satisfied its obligations as set forth in the first sentence of this
Section 3.06, it being understood and agreed that such policy may contain a
deductible clause, in which case the Company shall, in the event that there
shall not have been maintained on the related Mortgaged Property a policy
complying with the first sentence of this Section 3.06, and there shall have
been a loss which would have been covered by such policy, credit to the Mortgage
Loan Payment Record the amount not otherwise payable under the blanket policy
because of such deductible clause.
Section 3.07. Assumption and Modification Agreements. (a) In any case in
which property subject to a Mortgage has been or is about to be conveyed by the
Mortgagor, the Company shall exercise its right to accelerate the maturity of
such Mortgage Loan under any "due-on-sale" clause applicable thereto, unless in
the reasonable discretion of the Company, such exercise would adversely affect
or jeopardize coverage under the related Primary Insurance Policy, if any;
provided, however, that if the Company is prevented, as provided in Section
3.07(b), from enforcing any such clause, the Company is authorized to make or
enter into an assumption and modification agreement from or with the Person to
whom such property has been or is about to be conveyed, pursuant to which such
Person becomes liable under the Mortgage Note and the Mortgagor remains liable
thereon. In connection with any such assumption and modification agreement, the
Company shall apply its then current underwriting standards to such Person. The
Company shall not make or enter into any such assumption and modification
agreement, however, unless (to the extent practicable in the circumstances) it
shall have received confirmation of the continued effectiveness of any
applicable Primary Insurance Policy and hazard insurance policy. The Company
shall notify the Trustee that any assumption and modification agreement has been
completed by forwarding to the Trustee the original copy thereof, which copy
shall be added by the Trustee to the related Mortgage File and shall, for all
purposes, be considered a part of such Mortgage File to the same extent as all
other documents and instruments constituting a part thereof. In connection with
any such agreement, the Mortgage Rate, mortgage term and any other material term
of such Mortgage Loan shall not be changed. Any fee collected by the Company for
entering into any such agreement will be retained by the Company as additional
servicing compensation.
(b) Notwithstanding Section 3.07(a) or any other provision of this
Agreement, the Company shall not be deemed to be in default, breach or any other
violation of its obligations hereunder by reason of any assumption of a Mortgage
Loan, or transfer of the property subject to a Mortgage without the assumption
thereof, by operation of law or any assumption or transfer which the Company
reasonably believes it may be restricted by law from preventing, for any reason
whatsoever.
Section 3.08. Realization Upon Defaulted Mortgage Loans. (a) The Company
shall foreclose upon or otherwise comparably convert the ownership of properties
securing such of the Mortgage Loans as come into and continue in default and as
to which no satisfactory arrangements can be made for collection of delinquent
payments pursuant to Section 3.02. In connection with such foreclosure or other
conversion the Company shall, consistent with Section 3.05, follow such
practices and procedures as it shall deem necessary or advisable and as shall be
normal and usual in its general mortgage servicing activities. The foregoing is
subject to the proviso that the Company shall not be required to expend its own
funds in connection with any foreclosure or towards the restoration of any
property unless it shall determine (i) that such restoration or foreclosure will
increase the proceeds of liquidation of the Mortgage Loan to Certificateholders
after reimbursement to itself for such expenses and (ii) that such expenses will
be recoverable to it either through Liquidation Proceeds or Insurance Proceeds.
Notwithstanding the foregoing, the Company shall not be entitled to recover
legal expenses incurred in connection with foreclosure proceedings where the
Mortgage Loan is reinstated and such foreclosure proceedings are terminated
prior to completion, other than sums received from the Mortgagor for such
expenses.
Notwithstanding anything to the contrary contained herein, the Company
shall be under no obligation to foreclose upon or otherwise convert the
ownership of any Mortgaged Property which it believes may be contaminated with
or affected by hazardous or toxic wastes, materials or substances. The Company
may, but shall not be obligated to, make such determination on the basis of a
Phase I environmental assessment with respect to the related Mortgaged Property.
Neither the Trustee nor the Company shall be liable to the Trust Fund or the
Certificateholders if, based on the Company's belief that such contamination or
effect exists, the Company does not foreclose upon or otherwise convert the
ownership of a Mortgaged Property. In addition, neither the Trustee nor the
Company shall be liable to the Trust Fund or the Certificateholders if, based on
the Company's belief that no such contamination or effect exists, the Company
forecloses upon a Mortgaged Property and the Trustee or its nominee on behalf of
the Trust Fund takes title to such Mortgaged Property, and thereafter such
Mortgaged Property is determined to be so contaminated or affected.
(b) In the event that title to any Mortgaged Property is acquired in
foreclosure or by deed in lieu of foreclosure, the deed or certificate of sale
shall be issued to the Trustee, or to its nominee on behalf of the Trust Fund.
Notwithstanding any such acquisition of title and cancellation of the related
Mortgage Loan, such Mortgage Loan shall (except for purposes of Section 9.01) be
considered to be an Outstanding Mortgage Loan until such time as the Mortgaged
Property shall be sold and such Mortgage Loan becomes a Liquidated Mortgage
Loan. Consistent with the foregoing, for purposes of all calculations hereunder
so long as such Mortgage Loan shall be considered to be an Outstanding Mortgage
Loan, it shall be assumed that the related Mortgage Note and its amortization
schedule in effect on and after such acquisition of title (after giving effect
to any previous Principal Prepayments and Deficient Valuations incurred
subsequent to the related Bankruptcy Coverage Termination Date and before any
adjustment thereto by reason of any bankruptcy (other than as aforesaid) or any
similar proceeding or any moratorium or similar waiver or grace period) remain
in effect (notwithstanding that the indebtedness evidenced by such Mortgage Note
shall have been discharged), subject to adjustment to reflect the application of
REO Proceeds received in any month. REO Proceeds received in any month shall be
applied to the payment of the installments of principal due and interest accrued
on the related REO Mortgage Loan in accordance with the terms of such Mortgage
Note. REO Proceeds received in any month in excess of the Amortization Payment
for such month due on an REO Mortgage Loan shall be treated as a Principal
Prepayment received in respect of such Mortgage Loan.
(c) In the event that the Trust Fund acquires any Mortgaged Property as
aforesaid or otherwise in connection with a default or imminent default on a
Mortgage Loan, the Company shall dispose of such Mortgaged Property prior to the
close of the third calendar year after the year of its acquisition by the Trust
Fund unless (a) the Trustee shall have been supplied with an Opinion of Counsel
to the effect that the holding by the Trust Fund of such Mortgaged Property
subsequent to such period (and specifying the period beyond such period for
which the Mortgaged Property may be held) will not result in the imposition of
taxes on "prohibited transactions" of the Trust Fund as defined in section 860F
of the Code, or cause the REMIC established hereunder to fail to qualify as a
REMIC at any time that any Certificates are outstanding, in which case the Trust
Fund may continue to hold such Mortgaged Property (subject to any conditions
contained in such Opinion of Counsel), or (b) the Trustee (at the Company's
expense) or the Company shall have applied for, not later than 61 days prior to
the expiration of such period, an extension of such period in the manner
contemplated by section 856(e)(3) of the Code, in which case such period shall
be extended by the time period permitted by section 856(e)(3) of the Code.
Notwithstanding any other provision of this Agreement, no Mortgaged Property
acquired by the Trust Fund shall be rented (or allowed to continue to be rented)
or otherwise used for the production of income by or on behalf of the Trust Fund
or sold in such a manner or pursuant to any terms that would (i) cause such
Mortgaged Property to fail to qualify at any time as "foreclosure property"
within the meaning of section 860G(a)(8) of the Code, (ii) subject the Trust
Fund to the imposition of any federal or state income taxes on "net income from
foreclosure property" with respect to such Mortgaged Property within the meaning
of section 860G(c) of the Code, or (iii) cause the sale of such Mortgaged
Property to result in the receipt by the Trust Fund of any income from
non-permitted assets as described in section 860F(a)(2)(B) of the Code, unless
the Company has agreed to indemnify and hold harmless the Trust Fund with
respect to the imposition of any such taxes.
(d) Any collection of Insurance Proceeds or Liquidation Proceeds will be
applied in the following order of priority: first, to reimburse the Company for
any related unreimbursed Liquidation Expenses and to reimburse the Company or
the Trustee, as applicable, for any related unreimbursed Monthly Advances;
second, to accrued and unpaid interest on the Mortgage Loan at the Mortgage Rate
from the date to which interest was last paid or advanced to the Due Date prior
to the Distribution Date on which such amounts are to be distributed; and third,
as a recovery of principal of the Mortgage Loan. If the amount so allocated to
interest is less than the full amount of accrued and unpaid interest due on such
Mortgage Loan, the amount of such recovery will be allocated among the Base
Servicing Fee at the Base Servicing Fee Rate, the Supplemental Servicing Fee at
the Supplemental Servicing Fee Rate and interest at the Remittance Rate in
proportion to the amount of such accrued interest which would have been
allocated to each such category in the absence of any shortfall. The resulting
Interest Loss shall be allocated among each such category in the same proportion
as described in the preceding sentence. The portion so allocated to interest at
the Remittance Rate shall be allocated to the Certificates for purposes of
making the allocation specified in the definition of Certificate Interest Loss.
(e) Notwithstanding anything to the contrary contained herein, the Company
shall have the right to enter into an agreement substantially in the form of
Exhibit K hereto with any Person that is the Holder of 100% of the Class B5
Certificates (provided that such form may be revised to delete the option on the
part of such Person to purchase a defaulted Mortgage Loan as set forth in
Section 2.02(f) thereof). Prior to entering into any such agreement with any
Person, the Company shall obtain a certification from such Person to the effect
that (i) such Person is not an "affiliate" (within the meaning of the Prohibited
Transaction Exemption) of the Trustee and (ii) such Person will not purchase any
Certificates if such purchase would cause such Person to hold more than a ten
percent interest in the Mortgage Pool. It is understood that the right of the
Company to be reimbursed for Monthly Advances and Nonrecoverable Advances under
this Agreement shall not be affected in any way by the provisions of any such
agreement. The Trustee hereby agrees to perform such obligations as may be
expressly required of it pursuant to the provisions of such agreement and to
promptly notify each party to such agreement if a Responsible Officer of the
Trustee (with direct responsibility for administration of this Agreement)
becomes aware of any discussions, plans or events that might lead to the
Trustee's becoming an "affiliate" (within the meaning of the Prohibited
Transaction Exemption) of any Person with which the Company has entered into
such agreement, provided that the contents of any such notification shall be
kept confidential by the parties to such agreement. The Company agrees to
promptly notify the Trustee upon entering into any such agreement. In addition,
the Company shall provide the Trustee with such information as may be necessary
for the Trustee to perform its obligations thereunder, including written
instructions, clearly identifying the source, amount and application of funds to
be deposited or withdrawn from the Collateral Fund (as defined in such
agreement). The Trustee shall provide the Company with such information
concerning credits and debits to the Collateral Fund on account of income, gains
and losses realized from Collateral Fund Permitted Investments (as defined in
such agreement), and costs associated with the purchase and sale thereof, as the
Company may request in order to prepare the instructions described in the
preceding sentence.
In addition, subject to the provisions of the preceding paragraph, the
Company shall have the right to enter into an agreement substantially in the
form of Exhibit K hereto with the Person that is the Holder of 100% of the Class
B4 Certificates, provided that (i) such Person is also the Holder of 100% of the
Class B5 Certificates, (ii) such Person shall have no rights under such
agreement until the date on which the Class Certificate Principal Balance of the
Class B5 Certificates has been reduced to zero, and (iii) any rights of such
Person under such agreement shall terminate in the event that such Person
transfers, directly or indirectly, the Class B4 Certificates to any other
Person.
Section 3.09. Trustee to Cooperate; Release of Mortgage Files. Upon the
payment in full of any Mortgage Loan, the Company will immediately notify the
Trustee by a certification (which certification shall include a statement to the
effect that all amounts received in connection with such payment which are
required to be credited to the Mortgage Loan Payment Record pursuant to Section
3.02 have been so credited) of a Servicing Officer and shall request delivery to
it of the Mortgage File. If a Buydown Mortgage Loan is the subject of a
Principal Prepayment in full during the related Buydown Period, the related
Buydown Funds will be applied or returned to the Person entitled thereto in
accordance with the terms of such Buydown Mortgage Loan. Upon receipt of such
certification and request in form satisfactory to the Trustee, the Trustee shall
promptly, but in any event within five Business Days, release the related
Mortgage File to the Company; provided, that the Trustee shall not be
responsible for any delay in the release of a Mortgage File resulting from acts
beyond its control, including without limitation, acts of God, strikes,
lockouts, riots, acts of war or terrorism, epidemics, nationalization,
governmental regulations imposed after the fact, fire, communication line
failures, computer viruses, power failures, earthquakes or other disasters. Upon
any such payment in full, the Company is authorized to execute, pursuant to the
authorization contained in Section 3.01, an instrument of satisfaction regarding
such Mortgage, which instrument of satisfaction shall be recorded by the Company
if required by applicable law and be delivered to the Person entitled thereto,
it being understood and agreed that no expenses incurred in connection with such
instrument of satisfaction shall be reimbursed from amounts at the time credited
to the Mortgage Loan Payment Record. From time to time and as appropriate for
the servicing or foreclosure of any Mortgage Loan (including, without
limitation, collection under any Primary Insurance Policy), the Trustee shall,
upon request of the Company and delivery to the Trustee of a receipt signed by a
Servicing Officer, release the related Mortgage File to the Company and shall
execute such documents as shall be necessary to the prosecution of any such
proceedings. Such receipt shall obligate the Company to return the Mortgage File
to the Trustee when the need therefor by the Company no longer exists unless the
Mortgage Loan shall be liquidated, in which case, upon receipt of a certificate
of a Servicing Officer similar to that hereinabove specified, the receipt shall
be released by the Trustee to the Company.
Section 3.10. Servicing Compensation; Payment of Certain Expenses by the
Company. (a) As compensation for its activities and obligations hereunder, the
Company shall be entitled to withhold and pay to itself out of each payment
received by it on account of interest on each Mortgage Loan (including the
portion of any Buydown Funds applied to the related Buydown Mortgage Loan for
the applicable period) an amount equal to the Servicing Fee. The aggregate of
the Servicing Fees payable to the Company on any Distribution Date shall be
reduced by the amount of any Compensating Interest Payment for such Distribution
Date. Additional servicing compensation in the form of Prepayment Interest
Excess, assumption fees, modification fees, late payment charges, interest
income or gain with respect to amounts deposited in the Certificate Account and
invested by the Company or otherwise shall be retained by the Company, subject
to Section 3.10(b), if applicable. The Company shall be required to pay all
expenses incurred by it in connection with its activities hereunder (including
payment of Trustee fees and all other fees and expenses not expressly stated
hereunder to be for the account of the Certificateholders) and shall not be
entitled to reimbursement therefor except as provided in Sections 3.01, 3.03,
3.04 and 3.08.
(b) The Company may, as a condition to granting any request by a Mortgagor
for any consent, modification, waiver or amendment or any other matter or thing,
the granting of which is in the Company's discretion pursuant to the terms of
the instruments evidencing or securing the related Mortgage Loan and is
permitted by other sections of this Agreement, require (to the extent permitted
by applicable law) that such Mortgagor pay to it a reasonable or customary fee
in accordance with the schedule set forth as Exhibit H (which may be amended
from time to time by provision of a revised schedule of such fees to the
Trustee, whereupon such revised schedule shall be deemed to be Exhibit H
hereunder) for the additional services performed in connection with such
request, together with any related costs and expenses incurred by it. Such fees
shall be additional servicing compensation to the Company.
Section 3.11. Reports to the Trustee; Certificate Account Statements. Not
later than 15 days after each Distribution Date, the Company shall forward to
the Trustee a statement, certified by a Servicing Officer, setting forth the
status of the Mortgage Loan Payment Record as of the close of business on such
Distribution Date and showing, for the period covered by such statement, the
aggregate of credits to the Mortgage Loan Payment Record for each category of
credit specified in Section 3.02 and each category of debit specified in Section
3.04.
Section 3.12. Annual Statement as to Compliance. The Company will deliver
to the Trustee, on or before March 31 of each year, beginning with March 31,
2000, an Officer's Certificate stating that (a) a review of the activities of
the Company during the preceding calendar year and of its performance under this
Agreement has been made under such Officer's supervision and (b) to the best of
such Officer's knowledge, based on such review, the Company has fulfilled all
its material obligations under this Agreement throughout such year, or, if there
has been a default in the fulfillment of any such obligation, specifying each
such default known to such Officer and the nature and status thereof.
Section 3.13. Annual Independent Public Accountants' Servicing Report. On
or before March 31 of each year, beginning with March 31, 2000, the Company
shall:
(a) furnish to a firm of independent public accountants (which may also
render other services to the Company) a statement substantially to the effect
that the Company has complied in all material respects with the minimum
servicing standards set forth in the Uniform Single Attestation Program for
Mortgage Bankers (the "Minimum Servicing Standards") with respect to the
mortgage loans in the Company's servicing portfolio (which may exclude home
equity loans) or, if there has been material noncompliance with such servicing
standards, containing a description of such noncompliance; and
(b) at its expense cause such firm of independent public accountants to
furnish a report to the Trustee stating its opinion as to the Company's
assertion contained in the statement delivered pursuant to Section 3.13(a),
which opinion shall be based on an examination conducted by such firm in
accordance with the standards established by the American Institute of Certified
Public Accountants, including examining, on a test basis, evidence about the
Company's compliance with the Minimum Servicing Standards. Such opinion shall be
to the effect that the Company has complied in all material respects with the
Minimum Servicing Standards with respect to the mortgage loan portfolio
described in the Company's statement delivered pursuant to Section 3.13(a)
hereof or if there has been material noncompliance with the Minimum Servicing
Standards, shall contain a description of such noncompliance in accordance with
applicable accounting standards. In rendering such report, such firm may rely,
as to matters relating to direct servicing of Mortgage Loans by any primary
servicer, upon comparable reports of independent public accountants with respect
to such primary servicer.
Section 3.14. Access to Certain Documentation and Information Regarding the
Mortgage Loans. To the extent permitted by applicable law, the Company shall
provide to the Trustee, Certificateholders which are regulated insurance
entities and the applicable insurance regulatory agencies thereof,
Certificateholders which are federally insured savings and loan associations,
the Office of Thrift Supervision, the FDIC and the supervisory agents and
examiners thereof access to the documentation regarding the Mortgage Loans
required by applicable regulations of the Office of Thrift Supervision or of
such insurance regulatory agencies, as the case may be, such access being
afforded without charge but only upon reasonable request and during normal
business hours at the offices of the Company. Nothing in this Section 3.14 shall
derogate from the obligation of the Company to observe any applicable law
prohibiting disclosure of information regarding the Mortgagors and the failure
of the Company to provide access as provided in this Section 3.14 as a result of
such obligation shall not constitute a breach of this Section 3.14.
Section 3.15. Maintenance of Certain Servicing Policies. The Company shall
during the term of its service as servicer maintain in force (i) a policy or
policies of insurance covering errors and omissions in the performance of its
obligations as servicer hereunder and (ii) a fidelity bond in respect of its
officers, employees or agents. Each such policy or policies and bond shall,
together, comply with the requirements from time to time of FNMA for persons
performing servicing for mortgage loans purchased by such association.
Section 3.16. Optional Purchase of Defaulted Mortgage Loans. The Company
shall have the right, but not the obligation, to purchase any Defaulted Mortgage
Loan for a price equal to the Purchase Price therefor. Any such purchase shall
be accomplished as provided in Section 4.04(a) hereof.
Section 3.17. Class A7 and Class A13 Interest Accounts. State Street Bank
and Trust Company, not in its capacity as Trustee hereunder, is hereby
appointed, and does hereby accept such appointment, to serve as custodian (the
"Custodian") of the assets included in the Class A7 and Class A13 Interest
Accounts created by this Section 3.17. On or prior to the Closing Date, the
Custodian shall establish a segregated, non-interest bearing, corporate trust
account in its corporate trust department, in respect of the Class A7
Certificates (such account, the "Class A7 Interest Account"), and in respect of
the Class A13 Certificates (such account, the "Class A13 Interest Account").
Each of the Class A7 and Class A13 Interest Accounts shall have the
characteristics set forth in this Section 3.17 and shall be held by the
Custodian solely for the benefit of the Holders of the Class A7 and Class A13
Certificates, respectively, and the Holders of the Class R Certificates (to the
extent of their rights therein). Amounts on deposit in the Class A7 and Class
A13 Interest Accounts shall be applied by the Custodian solely as provided in
Sections 4.01(g)(i) and (ii). The Class A7 and Class A13 Interest Accounts shall
not be assets of the Trust Fund, but shall be assets in the REMIC. In acting as
Custodian with respect to the Class A7 and Class A13 Interest Accounts, the
Custodian shall have all rights and immunities of the Trustee under this
Agreement and shall have only such express duties as set forth in this Section
3.17.
On or prior to the Closing Date, the Company, acting as agent for the Class
A7 Certificateholders, shall transfer (or cause to be transferred) the Class A7
Interest Account Deposit to the Custodian for deposit into the Class A7 Interest
Account. On or prior to the Closing Date, the Company, acting as agent for the
Class A13 Certificateholders, shall transfer (or cause to be transferred) the
Class A13 Interest Account Deposit to the Custodian for deposit into the Class
A13 Interest Account. The Custodian acknowledges receipt of the Class A7
Interest Account Deposit and the Class A13 Interest Account Deposit. The
Custodian shall not invest amounts in the Class A7 and Class A13 Interest
Accounts. Neither the Company, the Custodian, the Trustee nor any other party
shall be under any obligation to make any further deposits into the Class A7 and
Class A13 Interest Accounts.
The transfer by (or on behalf of) the Company of the Class A7 Interest
Account Deposit and the Class A13 Interest Account Deposit is an outright and
unconditional assignment to the Custodian for the benefit of the Holders of the
Class A7 and Class A13 Certificates, respectively, and is not in the nature of a
pledge or similar arrangement. The Class A7 and Class A13 Interest Accounts
shall not be assets of the Company and the Company shall have no legal or
beneficial right thereto or interest therein, except any that may arise by
virtue of the Company's becoming a Holder of a Class A7 or Class A13
Certificate, as applicable, or a Class R Certificate.
The Class A7 Certificateholders, by their acceptance of a Class A7
Certificate, appoint the Company as their agent for the purpose of transferring
(or causing the transfer of) the Class A7 Interest Account Deposit to the
Trustee. The Class A13 Certificateholders, by their acceptance of a Class A13
Certificate, appoint the Company as their agent for the purpose of transferring
(or causing the transfer of) the Class A13 Interest Account Deposit to the
Trustee.
ARTICLE IV
PAYMENTS AND STATEMENTS
Section 4.01. Distributions. (a) On each Distribution Date, the Trustee
shall withdraw the Available Funds from the Certificate Account and shall make
distributions to Holders of the Certificates as of the preceding Record Date in
the following order of priority, to the extent of the remaining Available Funds:
(i) to each Class of Senior Certificates (other than any Class of
Principal Only Certificates), the Accrued Certificate Interest thereon for
such Distribution Date; provided, however, that it shall be assumed for
purposes of distributions of Available Funds in respect of interest on the
Class A7 and Class A13 Certificates that each such Class accrues interest
at an annual rate of 6.50%; and provided, further, that any shortfall in
available amounts shall be allocated among such Classes in proportion to
the amount of Accrued Certificate Interest that would otherwise be
distributable thereto;
(ii) to each Class of Senior Certificates (other than any Class of
Principal Only Certificates), any related Unpaid Class Interest Shortfall
for such Distribution Date; provided, however, that any shortfall in
available amounts shall be allocated among such Classes in proportion to
the Unpaid Class Interest Shortfall for each such Class on such
Distribution Date;
(iii) to the Classes of Senior Certificates in reduction of the Class
Certificate Principal Balances thereof, as set forth in Exhibit O hereto,
without regard to the use of the word "approximately" therein; provided,
however, that defined terms used in Exhibit O shall have the meanings
assigned thereto in Article I hereof;
(iv) to the Class PO Certificates, any Class PO Deferred Amount for
such Distribution Date, up to an amount not to exceed the Junior Optimal
Principal Amount for such Distribution Date, until the Class Certificate
Principal Balance of such Class has been reduced to zero; provided, that
any such amounts distributed to the Class PO Certificates pursuant to this
clause (iv) shall not reduce the Class Certificate Principal Balance
thereof;
(v) to the Class M Certificates, the Accrued Certificate Interest
thereon for such Distribution Date;
(vi) to the Class M Certificates, any Unpaid Class Interest Shortfall
therefor on such Distribution Date;
(vii) to the Class M Certificates, in reduction of the Class
Certificate Principal Balance thereof, such Class's Allocable Share of the
Junior Optimal Principal Amount on such Distribution Date;
(viii) to the Class B1 Certificates, the Accrued Certificate Interest
thereon for such Distribution Date;
(ix) to the Class B1 Certificates, any Unpaid Class Interest Shortfall
therefor on such Distribution Date;
(x) to the Class B1 Certificates, in reduction of the Class
Certificate Principal Balance thereof, such Class's Allocable Share of the
Junior Optimal Principal Amount on such Distribution Date;
(xi) to the Class B2 Certificates, the Accrued Certificate Interest
thereon for such Distribution Date;
(xii) to the Class B2 Certificates, any Unpaid Class Interest
Shortfall therefor on such Distribution Date;
(xiii) to the Class B2 Certificates, in reduction of the Class
Certificate Principal Balance thereof, such Class's Allocable Share of the
Junior Optimal Principal Amount on such Distribution Date;
(xiv) to the Class B3 Certificates, the Accrued Certificate Interest
thereon for such Distribution Date;
(xv) to the Class B3 Certificates, any Unpaid Class Interest Shortfall
therefor on such Distribution Date;
(xvi) to the Class B3 Certificates, in reduction of the Class
Certificate Principal Balance thereof, such Class's Allocable Share of the
Junior Optimal Principal Amount on such Distribution Date;
(xvii) to the Class B4 Certificates, the Accrued Certificate Interest
thereon for such Distribution Date;
(xviii) to the Class B4 Certificates, any Unpaid Class Interest
Shortfall therefor on such Distribution Date;
(xix) to the Class B4 Certificates, in reduction of the Class
Certificate Principal Balance thereof, such Class's Allocable Share of the
Junior Optimal Principal Amount on such Distribution Date;
(xx) to the Class B5 Certificates, the Accrued Certificate Interest
thereon for such Distribution Date;
(xxi) to the Class B5 Certificates, any Unpaid Class Interest
Shortfall therefor on such Distribution Date; and
(xxii) to the Class B5 Certificates, in reduction of the Class
Certificate Principal Balance thereof, such Class's Allocable Share of the
Junior Optimal Principal Amount on such Distribution Date.
Notwithstanding the foregoing, amounts otherwise distributable pursuant to
clauses (vii), (x), (xiii), (xvi), (xix) and (xxii) on any Distribution Date
shall be reduced, in inverse order of priority, by any amount distributed
pursuant to clause (iv) on such date, such that such amount distributed pursuant
to clause (iv) on such date shall be applied first to reduce the amount
distributable pursuant to clause (xxii), and then, to the extent of any excess,
applied second, to reduce the amount distributable pursuant to clause (xix),
third, to reduce the amount distributable pursuant to clause (xvi), fourth, to
reduce the amount distributable pursuant to clause (xiii), fifth, to reduce the
amount distributable pursuant to clause (x) and sixth, to reduce the amount
distributable pursuant to clause (vii).
(b) On each Distribution Date, the Trustee shall distribute to the holder
of the Class R Certificate any remaining Available Funds for such Distribution
Date after application of all amounts described in clause (a) of this Section
4.01, together with any Unanticipated Recoveries received by the Company in the
calendar month preceding the month of such Distribution Date and not distributed
on such Distribution Date to the holders of outstanding Certificates of any
other Class pursuant to Section 4.01(f), plus any amounts distributable to the
holder of the Class R Certificate pursuant to Section 4.01(g). Any distributions
pursuant to this clause (b) shall not reduce the Class Certificate Principal
Balance of the Class R Certificate.
(c) If on any Distribution Date the Class Certificate Principal Balances of
the Junior Certificates have each been reduced to zero, the amount distributable
to the Senior Certificates other than the Class PO Certificates pursuant to
Section 4.01(a)(iii) for such Distribution Date and each succeeding Distribution
Date shall be allocated among such Classes of Senior Certificates, pro rata, on
the basis of their respective Class Certificate Principal Balances immediately
prior to such Distribution Date, regardless of the priorities and amounts set
forth in Section 4.01(a)(iii).
(d) If on any Distribution Date (i) the Class Certificate Principal Balance
of the Class M Certificates or any Class of Class B Certificates for which the
related Prepayment Distribution Trigger was satisfied on such Distribution Date
is reduced to zero and (ii) amounts distributable pursuant to clauses (ii), (iv)
and (v) of the Junior Optimal Principal Amount remain undistributed on such
Distribution Date after all amounts otherwise distributable on such date
pursuant to clauses (iv) through (xxii) of Section 4.01(a) have been
distributed, such amounts shall be distributed on such Distribution Date to the
remaining Classes of Junior Certificates in order of priority, such that no such
distribution shall be made to any Class of Junior Certificates while a prior
such Class is outstanding.
(e) (i) On each Distribution Date prior to the Cross-Over Date,
distributions in reduction of the Class Certificate Principal Balances of the
Class A6, Class A12, Class A14 and Class A15 Certificates will be made in
accordance with the provisions of Section 4.10.
Upon the earlier of the Cross-Over Date and the next Distribution Date
after the Distribution Date on which the Class Certificate Principal Balance of
the Class A6, Class A12, Class A14 or Class A15 Certificates, as the case may
be, has been reduced to zero, (x) to the extent the balance of funds remaining
in the related Rounding Account is less than $999.99, the balance in such
Rounding Account shall be restored to $999.99 (or, if less, the sum of such
remaining balance and the amount so distributable) from Available Funds
otherwise available for distribution on all outstanding Classes of Certificates
and (y) such Rounding Account shall be cleared and terminated, and the amounts
therein shall be distributed to the Class R Certificates on such date (which
distribution shall not reduce the Class Certificate Principal Balance thereof).
(ii) As provided in Section 4.10(f), notwithstanding any provisions herein
to the contrary, on the Cross-Over Date and on each subsequent Distribution
Date, distributions in reduction of the Class Certificate Principal Balances of
the Class A6, Class A12, Class A14 and Class A15 Certificates shall be made on a
pro rata basis among the outstanding Certificates of the respective Class, based
on the Percentage Interest in each such Class represented by each Certificate.
The Trustee shall notify the Depository prior to the first Distribution Date on
which distributions in respect of principal on the Class A6, Class A12, Class
A14 or Class A15 Certificates are to be made on a pro rata basis in accordance
with the preceding sentence. On the Cross-Over Date and on each subsequent
Distribution Date, the Trustee shall not, and the Depository is not authorized
to, make distributions or payments in respect of Class A6, Class A12, Class A14
or Class A15 Certificates in accordance with any Principal Distribution Request
or by Random Lot
(f) In the event that in any calendar month the Company recovers an amount
(an "Unanticipated Recovery") in respect of principal of a Mortgage Loan which
had previously been allocated as a Realized Loss to any Class of Certificates
pursuant to Section 4.03, on the Distribution Date in the next succeeding
calendar month the Trustee shall withdraw from the Certificate Account and
distribute to the holders of each outstanding Class to which such Realized Loss
had previously been allocated its share (determined as described in the
succeeding paragraph) of such Unanticipated Recovery in an amount not to exceed
the amount of such Realized Loss previously allocated to such Class. When the
Class Certificate Principal Balance of a Class of Certificates has been reduced
to zero, the holders of such Class shall not be entitled to any share of an
Unanticipated Recovery, and such Unanticipated Recovery shall be allocated among
all outstanding Classes of Certificates entitled thereto in accordance with the
preceding sentence, subject to the remainder of this subsection (f). In the
event that (i) any Unanticipated Recovery remains undistributed in accordance
with the preceding sentence or (ii) the amount of an Unanticipated Recovery
exceeds the amount of the Realized Loss previously allocated to any outstanding
Classes with respect to the related Mortgage Loan, on the applicable
Distribution Date the Trustee shall distribute to the holders of all outstanding
Classes of the related Certificates to which Realized Losses had previously been
allocated and not reimbursed their pro rata share (determined as described
below) of such excess in an amount not to exceed the aggregate amount of any
Realized Loss previously allocated to such Class with respect to any other
Mortgage Loan that has not been recovered in accordance with Section 4.01(f).
Any distributions made pursuant to this Section 4.01(f) shall not reduce the
Class Certificate Principal Balance of the related Certificate.
For purposes of the preceding paragraph, the share of an Unanticipated
Recovery allocable to any Class of Certificates with respect to a Mortgage Loan
shall be (i) with respect to the Class PO Certificates, based on the applicable
PO Percentage of the principal portion of the Realized Loss previously allocated
thereto with respect to such Mortgage Loan (or all Mortgage Loans for purposes
of the next to last sentence of the preceding paragraph), and (ii) with respect
to any other Class of Certificates, based on its pro rata share (in proportion
to the Class Certificate Principal Balances thereof with respect to such
Distribution Date) of the applicable Non-PO Percentage of the principal portion
of any such Realized Loss previously allocated with respect to such Mortgage
Loan (or Loans); provided, however, that (i) the share of an Unanticipated
Recovery allocable to a Class PO Certificate with respect to any Mortgage Loan
(or Loans) shall be reduced by the aggregate amount previously distributed to
such Class on account of the applicable Class PO Deferred Amount in respect of
such Mortgage Loan (or Loans) and (ii) the amount by which the distributions to
the Class PO Certificates have been so reduced shall be distributed to the
Classes of Certificates described in clause (ii) of the preceding paragraph in
the same proportion as described in such clause (ii). For purposes of the
preceding sentence, any Class PO Deferred Amount distributed to a Class PO
Certificate on previous Distribution Dates shall be deemed to have been
allocated in respect of the Mortgage Loans as to which the applicable PO
Percentage of the principal portion of Realized Losses has previously been
allocated to such Class on a pro rata basis (based on the amount of Realized
Losses so allocated).
(g) (i) On each Distribution Date through the earlier of (a) the
Distribution Date in January 2001, or (b) the Distribution Date on which the
Class Certificate Principal Balance of the Class A7 Certificates is reduced to
zero (the "Class A7 Interest Account Termination Date"), the Custodian shall
withdraw and transfer to the Trustee, from amounts on deposit in the Class A7
Interest Account, an amount equal to the excess of (i) the amount of interest
accrued on the Class A7 Certificates during the related Interest Accrual Period
at the then-applicable Certificate Interest Rate, over (ii) the amount of
interest that would have accrued on the Class A7 Certificates during such
Interest Accrual Period at a Certificate Interest Rate equal to 6.50% per annum,
and the Trustee shall distribute such amounts to the Holders of the Class A7
Certificates, as part of the distribution of interest thereon pursuant to
Sections 4.01(a)(i) and (ii) above. On the Class A7 Interest Account Termination
Date, the Custodian shall withdraw any amounts remaining in the Class A7
Interest Account and transfer such amounts to the Trustee for distribution to
the Holders of the Class R Certificates.
(ii) On each Distribution Date through the earlier of (a) the Distribution
Date in January 2000, or (b) the Distribution Date on which the Class
Certificate Principal Balance of the Class A13 Certificates is reduced to zero
(the "Class A13 Interest Account Termination Date"), the Custodian shall
withdraw and transfer to the Trustee, from amounts on deposit in the Class A13
Interest Account, an amount equal to the excess of (i) the amount of interest
accrued on the Class A13 Certificates during the related Interest Accrual Period
at the then-applicable Certificate Interest Rate, over (ii) the amount of
interest that would have accrued on the Class A13 Certificates during such
Interest Accrual Period at a Certificate Interest Rate equal to 6.50% per annum,
and the Trustee shall distribute such amounts to the Holders of the Class A13
Certificates, as part of the distribution of interest thereon pursuant to
Sections 4.01(a)(i) and (ii) above. On the Class A13 Interest Account
Termination Date, the Custodian shall withdraw any amounts remaining in the
Class A13 Interest Account and transfer such amounts to the Trustee for
distribution to the Holders of the Class R Certificates.
Section 4.02. Method of Distribution. (a) Except as set forth in Section
4.10 in respect of the Class A6, Class A12, Class A14 and Class A15
Certificates, all distributions with respect to each Class of Certificates on
each Distribution Date shall be made pro rata among the outstanding Certificates
of such Class, based on the Percentage Interest in such Class represented by
each Certificate. Payments to the Certificateholders on each Distribution Date
will be made by the Trustee to the Certificateholders of record on the related
Record Date (other than as provided in Section 9.01 respecting the final
distribution) by check or money order mailed to a Certificateholder at the
address appearing in the Certificate Register, or upon written request by such
Certificateholder to the Trustee made not later than the applicable Record Date,
by wire transfer to a U.S. depository institution acceptable to the Trustee, or
by such other means of payment as such Certificateholder and the Trustee shall
agree.
(b) Each distribution with respect to a Book-Entry Certificate shall be
paid to the Depository, which shall credit the amount of such distribution to
the accounts of its Depository Participants in accordance with its normal
procedures. Each Depository Participant shall be responsible for disbursing such
distribution to the Certificate Owners that it represents and to each Financial
Intermediary for which it acts as agent. Each Financial Intermediary shall be
responsible for disbursing funds to the Certificate Owners that it represents.
Except as otherwise provided in Section 4.10(g), the Depository shall be
responsible for the allocation of the aggregate amount of distributions in
reduction of the Class Certificate Principal Balances of the Class A6, Class
A12, Class A14 and Class A15 Certificates among the Depository Participants in
accordance with Section 4.10, and each Depository Participant (and each
respective Financial Intermediary for which such Depository Participant acts as
agent) shall be responsible for the allocation of the amount allocated thereto
among the related Certificate Owners. All such credits and disbursements with
respect to a Book-Entry Certificate are to be made by the Depository and the
Depository Participants in accordance with the provisions of the applicable
Certificates. Neither the Trustee nor the Company shall have any responsibility
therefor except as otherwise provided by applicable law.
(c) The Trustee shall withhold or cause to be withheld such amounts as it
reasonably determines are required by the Code (giving full effect to any
exemptions from withholding and related certifications required to be furnished
by Certificateholders or Certificate Owners and any reductions to withholding by
virtue of any bilateral tax treaties and any applicable certification required
to be furnished by Certificateholders or Certificate Owners with respect
thereto) from distributions to be made to Non-U.S. Persons. If the Trustee
reasonably determines that a more accurate determination of the amount required
to be withheld for a distribution can be made within a reasonable period after
the scheduled date for such distribution, it may hold such distribution in trust
for a holder of a Residual Certificate until such determination can be made. For
the purposes of this paragraph, a "Non-U.S. Person" is (i) an individual other
than a citizen or resident of the United States, (ii) a partnership, corporation
or entity treated as a partnership or corporation for U.S. federal income tax
purposes not formed under the laws of the United States, any state thereof or
the District of Columbia (unless, in the case of a partnership, Treasury
regulations provide otherwise), (iii) any estate, the income of which is not
subject to U.S. federal income taxation, regardless of source, and (iv) any
trust, other than a trust that a court within the United States is able to
exercise primary supervision over the administration of the trust and one or
more U.S. Persons have the authority to control all substantial decisions of the
trust.
Section 4.03. Allocation of Losses. (a) On or prior to each Determination
Date, the Company shall determine the amount of any Realized Loss in respect of
each Mortgage Loan that occurred during the immediately preceding calendar
month.
(b) With respect to any Distribution Date, the principal portion of each
Realized Loss (other than any Excess Loss) shall be allocated as follows:
(i) the applicable PO Percentage of the principal portion of any such
Realized Loss shall be allocated to the Class PO Certificates until the
Class Certificate Principal Balance thereof has been reduced to zero; and
(ii) the applicable Non-PO Percentage of the principal portion of any
such Realized Loss shall be allocated in the following order of priority:
first, to the Class B5 Certificates until the Class Certificate
Principal Balance thereof has been reduced to zero;
second, to the Class B4 Certificates until the Class Certificate
Principal Balance thereof has been reduced to zero;
third, to the Class B3 Certificates until the Class Certificate
Principal Balance thereof has been reduced to zero;
fourth, to the Class B2 Certificates until the Class Certificate
Principal Balance thereof has been reduced to zero;
fifth, to the Class B1 Certificates until the Class Certificate
Principal Balance thereof has been reduced to zero;
sixth, to the Class M Certificates until the Class Certificate
Principal Balance thereof has been reduced to zero; and
seventh, to the Classes of Senior Certificates other than the
Class PO Certificates, pro rata, in accordance with their Class
Certificate Principal Balances; provided, that any such loss allocated
to any Class of Accrual Certificates (and any Accrual Component) shall
be allocated (subject to Section 4.03(d)) on the basis of the lesser
of (x) the Class Certificate Principal Balance (or Component Principal
Balance) thereof immediately prior to the applicable Distribution Date
and (y) the Class Certificate Principal Balance (or Component
Principal Balance) thereof on the Closing Date (as reduced by any
Realized Losses previously allocated thereto).
(c) With respect to any Distribution Date, the principal portion of any
Excess Loss (other than Excess Bankruptcy Losses attributable to Debt Service
Reductions) shall be allocated as follows: (1) the PO Percentage of any such
loss shall be allocated to the Class PO Certificates, and (2) the Non-PO
Percentage of any such loss shall be allocated to each Class of Certificates
other than the Class PO Certificates, pro rata, based on the respective Class
Certificate Principal Balances thereof; provided, that any such loss allocated
to any Class of Accrual Certificates (and any Accrual Component) shall be
allocated (subject to Section 4.03(d)) on the basis of the lesser of (x) the
Class Certificate Principal Balance (or Component Principal Balance) thereof
immediately prior to the applicable Distribution Date and (y) the Class
Certificate Principal Balance (or Component Principal Balance) thereof on the
Closing Date (as reduced by any Realized Losses previously allocated thereto).
(d) Any Realized Losses allocated to a Class of Certificates pursuant to
Section 4.03(b) or (c) shall be allocated among the Certificates of such Class
in proportion to their respective Certificate Principal Balances. In addition,
any Realized Losses allocated to any Class of Component Certificates on a
Distribution Date shall be allocated in reduction of the Component Principal
Balances of the related Components (other than any Notional Component) in
proportion to their respective Component Principal Balances immediately prior to
such Distribution Date. Any allocation of Realized Losses pursuant to this
paragraph (d) shall be accomplished by reducing the Certificate Principal
Balance (or, in the case of any Component, the Component Principal Balance) of
the related Certificates (or Components) on the related Distribution Date in
accordance with Section 4.03(e).
(e) Realized Losses allocated in accordance with this Section 4.03 shall be
allocated on the Distribution Date in the month following the month in which
such loss was incurred and, in the case of the principal portion thereof, after
giving effect to distributions made on such Distribution Date, except that the
aggregate amount of Realized Losses to be allocated to the Class PO Certificates
on such Distribution Date will be taken into account in determining
distributions in respect of any Class PO Deferred Amount for such date.
(f) On each Distribution Date, the Company shall determine the Subordinate
Certificate Writedown Amount, if any. Any such Subordinate Certificate Writedown
Amount shall effect a corresponding reduction in the Certificate Principal
Balance of the Subordinate Certificates, which reduction shall occur on such
Distribution Date after giving effect to distributions made on such Distribution
Date.
(g) Notwithstanding the foregoing, no such allocation of any Realized Loss
shall be made on a Distribution Date to a Class of Certificates to the extent
that such allocation would result in the reduction of the aggregate Certificate
Principal Balances of all the Certificates as of such Distribution Date, after
giving effect to all distributions and prior allocations of Realized Losses on
such date, to an amount less than the aggregate Scheduled Principal Balance of
the Mortgage Loans as of the first day of the month of such Distribution Date,
less any Deficient Valuations occurring on or prior to the Bankruptcy Coverage
Termination Date (such limitation, the "Loss Allocation Limitation").
Section 4.04. Monthly Advances; Purchases of Defaulted Mortgage Loans. (a)
The Company shall be required to make Monthly Advances in the manner and to the
extent provided herein. Prior to the close of business on each Determination
Date, the Company shall determine (i) the amount of the Monthly Advance which it
is required to make on the related Distribution Date and (ii) whether it has
elected to purchase any Defaulted Mortgage Loan or Loans on such Distribution
Date. If the Company so elects to purchase any Defaulted Mortgage Loans (or is
required to purchase any Mortgage Loan pursuant to Section 2.02 or 2.03(a)), no
Monthly Advance shall be required with respect thereto for the month in which
such purchase occurs. The Company shall include information as to each of such
determinations in the Servicer's Certificate furnished by it to the Trustee in
accordance with Section 4.06 and shall be obligated to transfer to the
Certificate Account pursuant to Section 3.02(d) on or before 11:00 a.m. New York
time on the Business Day next preceding the following Distribution Date in
next-day funds the respective amounts applicable to such determinations
appearing in such Servicer's Certificate. Upon receipt by the Trustee of written
notification signed by a Servicing Officer of any such deposit relating to the
purchase by the Company of such a Mortgage Loan, the Trustee shall release to
the Company the related Mortgage File and shall execute and deliver such
instruments of transfer or assignment, in each case without recourse, as shall
be necessary to vest in the Company any Mortgage Loan released pursuant hereto.
(b) In the event that the Company transfers or expects to transfer less
than the Available Funds required to be deposited by it pursuant to Section
3.02(d), the Company shall so notify the Trustee no later than 9:00 a.m. on the
Business Day preceding the related Distribution Date, and the amount so
transferred, if any, shall be deemed to have been transferred first pursuant to
clause (i) of the definition of Available Funds, second pursuant to clause (iii)
of the definition of Available Funds, and third pursuant to clause (ii) of the
definition of Available Funds. Such notice shall specify each Mortgage Loan
delinquent as of the preceding Determination Date. In such event, the Trustee
shall make any Monthly Advance required to be made hereunder, in the manner and
to the extent required; provided, the Trustee shall not be so obligated if
prohibited by applicable law.
(c) In the event that the Company is succeeded hereunder as servicer, the
obligation to make Monthly Advances in the manner and to the extent required by
Section 4.04(a) shall be assumed by the successor servicer (subject to Section
7.02).
Section 4.05. Statements to Certificateholders. Each month, at least two
Business Days prior to each Distribution Date, the Company shall deliver to the
Trustee for mailing to each Certificateholder, and the Trustee shall mail to
each Certificateholder on such Distribution Date, a statement (each, a
"Distribution Date Statement") substantially in the form of Exhibit J hereto,
setting forth:
(i) The amount of such distribution to the Certificateholders of each
Class (and in respect of any Component), other than any Notional
Certificates (and any Notional Component), allocable to principal,
separately identifying the aggregate amount of any Principal Prepayments
included therein (including, for this purpose, the Scheduled Principal
Balances of all Defaulted Mortgage Loans and Defective Mortgage Loans
purchased pursuant to Section 2.02, 2.03(b) or 3.16, respectively, and any
amounts deposited pursuant to Section 2.03(b) in connection with the
substitution of any Mortgage Loans pursuant to Section 2.02 or 2.03(a), the
proceeds of which purchases or substitutions are being distributed on such
Distribution Date);
(ii) The amount of such distribution to the Certificateholders of each
Class (other than any Class of Principal Only Certificates) allocable to
interest, including any Accrual Amount added to the Class Certificate
Principal Balance or Component Principal Balance of any Class of Accrual
Certificates or any Accrual Components;
(iii) The amount of servicing compensation paid to the Company during
the month preceding the month of distribution in respect of the Mortgage
Loans and such other customary information as the Company deems necessary
or desirable to enable Certificateholders to prepare their tax returns;
(iv) The Pool Scheduled Principal Balance and the aggregate number of
the Mortgage Loans on the preceding Due Date after giving effect to all
distributions allocable to principal made on such Distribution Date;
(v) The Class Certificate Principal Balance (or Notional Principal
Balance) of each Class, the Component Principal Balance of each Component
and the Certificate Principal Balance (or Notional Principal Balance) of a
Single Certificate of each Class after giving effect to (i) all
distributions allocable to principal (or reductions in the Notional
Principal Balance, in the case of the Notional Certificates, or the
addition of any Accrual Amount, in the case of any Class of Accrual
Certificates) made on such Distribution Date and (ii) the allocation of any
Realized Losses and any Subordinate Certificate Writedown Amount for such
Distribution Date;
(vi) The Pay-out Rate applicable to each Class of Certificates;
(vii) The book value and unpaid principal balance of any real estate
acquired on behalf of Certificateholders through foreclosure, or grant of a
deed in lieu of foreclosure or otherwise, of any REO Mortgage Loan, and the
number of the related Mortgage Loans;
(viii) The aggregate Scheduled Principal Balances and number of
Mortgage Loans which, as of the close of business on the last day of the
month preceding the related Distribution Date, were (a) delinquent as to a
total of (x) 30-59 days, (y) 60-89 days and (z) 90 days or more, and (b) in
foreclosure;
(ix) The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to Section 2.03(b);
(x) The Certificate Interest Rates of any LIBOR Certificates and any
COFI Certificates applicable to the Interest Accrual Period relating to
such Distribution Date and such Class;
(xi) The Senior Percentage, the Group II Senior Percentage and the
Junior Percentage for such Distribution Date;
(xii) The Senior Prepayment Percentage, the Group II Senior Prepayment
Distribution Percentage and the Junior Prepayment Percentage for such
Distribution Date; and
(xiii) The amount of such distribution to the Certificateholders of
each Class allocable to Unanticipated Recoveries.
In the case of information furnished pursuant to clauses (i) through (iii)
above, the amounts shall be expressed as a dollar amount per Single Certificate.
In connection with any proposed transfer of a Certificate that is purported
to be made in reliance on Rule 144A under the Securities Act, the Company shall
be responsible for furnishing such information as may be required thereunder to
a proposed transferee. In furtherance of the Company's obligations hereunder,
the Company hereby instructs the Trustee, at the Company's expense and on its
behalf, and the Trustee agrees, to promptly make available to the proposed
transferee, upon request of the holder, (i) all statements furnished to
Certificateholders pursuant to this Section 4.05(a) on previous Distribution
Dates, (ii) all certificates furnished to the Trustee pursuant to Section 4.06
in prior months, (iii) Officer's Certificates furnished to the Trustee pursuant
to Section 3.12 for the two years preceding such request, (iv) reports of
independent accountants furnished to the Trustee pursuant to Section 3.13 for
the two years preceding such request, (v) a copy of the Private Placement
Memorandum relating to such Certificate, together with any amendments or
supplements thereto issued by the Company (which copy shall be furnished to the
Trustee by the Company), and (vi) the Company's Current Report on Form 8-K,
dated the Closing Date, relating to the Mortgage Loans; provided, however, that
the Trustee shall in no event be required to make available such statements or
certificates pursuant to clauses (i) and (ii) above relating to Distribution
Dates occurring more than twenty-four months preceding the month in which such
request was received; provided, further, however, that notwithstanding the
Trustee's agreement as aforesaid to provide such materials to a proposed
transferee, the Trustee does not assume, and shall not thereby be deemed to have
assumed, any responsibility for compliance by the Company with Rule 144A
(subject to the Trustee's agreement set forth in the second sentence of this
paragraph) and shall be entitled to include a notice with such statements or
certificates to the effect that such materials have not been prepared or
assembled by the Trustee and that the Trustee assumes no responsibility for the
adequacy, sufficiency or contents thereof. In connection with any such proposed
transfer, the Company shall make available to the proposed holder, at the
request of the related transferor, such additional information, if any, as may
be required to be delivered pursuant to Rule 144A(d)(4).
Section 4.06. Servicer's Certificate. Each month, not later than the second
Business Day next preceding each Distribution Date, the Company shall deliver to
the Trustee a completed Servicer's Certificate.
Section 4.07. Reports of Foreclosures and Abandonments of Mortgaged
Property. The Trustee (or the Company on behalf of the Trustee) shall, in each
year beginning after 1999, make the reports of foreclosures and abandonments of
any Mortgaged Property as required by section 6050J of the Code. In order to
facilitate this reporting process, the Company, on or before January 15th of
each year, shall provide to the Trustee reports relating to each instance
occurring during the previous calendar year in which the Company (i) on behalf
of the Trustee acquires an interest in a Mortgaged Property through foreclosure
or other comparable conversion in full or partial satisfaction of a Mortgage
Loan, or (ii) knows or has reason to know that a Mortgaged Property has been
abandoned. Reports from the Company shall be in form and substance sufficient to
meet the reporting requirements imposed by section 6050J of the Code.
Section 4.08. Reduction of Base Servicing Fees by Compensating Interest
Payments. The aggregate amount of the Base Servicing Fees subject to retention
by the Company as servicer in respect of any Distribution Date shall be reduced
by the amount of any Compensating Interest Payment for such Distribution Date.
Section 4.09. Surety Bond. (a) If a Required Surety Payment is payable
pursuant to the Surety Bond with respect to any Pledged Asset Mortgage Loan, the
Company shall so notify the Trustee as soon as reasonably practicable and shall,
on behalf of the Trustee for the benefit of the Certificateholders, promptly
complete the notice in the form of Attachment 1 to the Surety Bond and shall
promptly submit such notice to the Surety as a claim for a Required Surety
Payment.
(b) Upon receipt of a Required Surety Payment from the Surety on behalf of
the Certificateholders, the Company shall promptly credit such amount to the
Mortgage Loan Payment Record.
Section 4.10. Distributions to Holders of Class A6, Class A12, Class A14
and Class A15 Certificates. (a) Except as provided in subsections (d) and (f)
below, on each Distribution Date on which distributions in reduction of the
Class Certificate Principal Balance of the Class A6, Class A12, Class A14 or
Class A15 Certificates are made, such distributions will be made in the
following order of priority:
(i) first, in respect of any Principal Distribution Request by the
personal representative of a Deceased Holder of the relevant Class of
Certificates, a surviving tenant by the entirety, a surviving joint tenant,
a surviving tenant in common or such other Person empowered to act on
behalf of such Deceased Holder upon his or her death, in an amount up to
but not exceeding $100,000 per request; and
(ii) second, in respect of any Principal Distribution Request by a
Living Holder of the relevant Class of Certificates, in an amount up to but
not exceeding $10,000 per request.
Thereafter, distributions in respect of the relevant Class will be made as
provided in clauses (i) and (ii) above up to a second $100,000 and $10,000 per
request, respectively. This sequence of priorities will be repeated until all
such requests have been honored to the extent of amounts available for
distribution in reduction of the Class Certificate Principal Balance of the
Class A6, Class A12, Class A14 or Class A15 Certificates, as the case may be.
Principal Distribution Requests presented on behalf of Deceased Holders in
accordance with the provisions of clause (i) above will be accepted in the order
of their receipt by the Depository. Principal Distribution Requests presented in
accordance with the provisions of clause (ii) above will be accepted in the
order of their receipt by the Depository after all requests presented in
accordance with clause (i) have been honored. All Principal Distribution
Requests with respect to any Distribution Date shall be made in accordance with
Section 4.10(c) below and must be received by the Depository no later than the
close of business on the related Record Date. Principal Distribution Requests
that are received by the Depository after the related Record Date and requests,
in either case, for distributions timely received but not accepted with respect
to any Distribution Date, will be treated as Principal Distribution Requests on
the next succeeding Distribution Date, and each succeeding Distribution Date
thereafter, until each such request is accepted or is withdrawn as provided in
Section 4.10(c). Requests on behalf of Deceased Holders that are not so
withdrawn shall retain their order of priority, all in accordance with the
procedures of the Depository and the Trustee. Upon the transfer of beneficial
ownership of any Class A6, Class A12, Class A14 or Class A15 Certificate, any
Principal Distribution Request previously submitted with respect to such
Certificate will be deemed to have been withdrawn only upon the receipt by the
Trustee of notification of such withdrawal using a form required by the
Depository.
Principal Distribution Requests will be applied, in the aggregate, to the
Class A6, Class A12, Class A14 or Class A15 Certificates, as the case may be, in
an amount equal to the portion of the Available Funds distributable to such
Class of Certificates pursuant to Section 4.01(a)(iii), plus any amounts
available for distribution from the related Rounding Account pursuant to Section
4.10(e), provided that the aggregate distribution in reduction of the Class
Certificate Principal Balance of the Class A6, Class A12, Class A14 or Class A15
Certificates on any Distribution Date shall be made in an integral multiple of
$1,000, subject to Section 4.10(f).
(b) A "Deceased Holder" is a beneficial owner of a Class A6, Class A12,
Class A14 or Class A15 Certificate who was living at the time such interest was
acquired and whose authorized personal representative, surviving tenant by the
entirety, surviving joint tenant or surviving tenant in common or other Person
empowered to act on behalf of such beneficial owner upon his or her death,
causes to be furnished to the Trustee a certified copy of the death certificate
of such Deceased Holder, evidence of such person's status as an authorized
representative of the Deceased Holder, such as surviving tenant (whether by the
entirety, joint tenancy or tenancy in common), which evidence shall be
satisfactory to the Trustee, and any additional evidence of death required by
and satisfactory to the Trustee and any tax waivers requested by the Trustee.
Class A6, Class A12, Class A14 or Class A15 Certificates beneficially owned by
tenants by the entirety, joint tenants or tenants in common will be considered
to be beneficially owned by a single owner. The death of a tenant by the
entirety, joint tenant or tenant in common will be deemed to be the death of the
beneficial owner, and any Class A6, Class A12, Class A14 or Class A15
Certificates so beneficially owned will be eligible for priority with respect to
distributions in reduction of the Class Certificate Principal Balance of such
Class of Certificates, subject to the limitations contained in this Section
4.10. Class A6, Class A12, Class A14 or Class A15 Certificates beneficially
owned by a trust will be considered to be beneficially owned by each beneficiary
of the trust to the extent of such beneficiary's beneficial interest therein,
but in no event will a trust's beneficiaries collectively be deemed to be
beneficial owners of a number of individual Class A6, Class A12, Class A14 or
Class A15 Certificates, as the case may be, greater than the number of
individual Class A6, Class A12, Class A14 or Class A15 Certificates of which
such trust is the beneficial owner. The death of a beneficiary of a trust will
be deemed to be the death of a beneficial owner of the Class A6, Class A12,
Class A14 or Class A15 Certificates beneficially owned by the trust to the
extent of such beneficiary's beneficial interest in such trust. The death of an
individual who was a tenant by the entirety, joint tenant or tenant in common in
a tenancy that is the beneficiary of a trust will be deemed to be the death of
the beneficiary of the trust. The death of a person who, immediately prior to
his or her death, was entitled to substantially all of the beneficial ownership
interest in a Class A6, Class A12, Class A14 or Class A15 Certificate will be
deemed to be the death of the beneficial owner of such Certificate regardless of
the registration of ownership of such Certificate, if such beneficial ownership
interest can be established to the satisfaction of the Trustee. The Trustee's
decision regarding whether a Deceased Holder's beneficial interest is
substantial for purposes of the preceding sentence shall be conclusive and
binding. Such beneficial interest will be deemed to exist in typical cases of
street name or nominee ownership, ownership by a trustee, ownership under the
Uniform Gifts to Minors Act and community property or other joint ownership
arrangements between a husband and wife. Beneficial interests shall include the
power to sell, transfer or otherwise dispose of a Class A6, Class A12, Class A14
or Class A15 Certificate, as the case may be, and the right to receive the
proceeds therefrom, as well as interest and distributions in reduction of the
Certificate Principal Balance of such Certificates payable with respect thereto.
The Trustee shall not be under any duty to determine independently the
occurrence of the death of any beneficial owner. The Trustee may rely entirely
upon documentation delivered to it in establishing the eligibility of any
beneficial owner to receive the priority accorded Deceased Holders in Section
4.10(a). Expenses incurred by the Trustee in an effort to determine the
beneficial ownership interest with respect to any Principal Distribution Request
presented on behalf of a Deceased Holder, including, without limitation,
attorneys fees, shall be paid by the Person presenting such Principal
Distribution Request.
(c) Requests for distributions in reduction of the Certificate Principal
Balance of a Class A6, Class A12, Class A14 or Class A15 Certificate must be
made by delivering a Principal Distribution Request therefor to the Depository
Participant or Financial Intermediary that maintains the account evidencing the
beneficial owner's interest in such Certificate. Such Depository Participant or
Financial Intermediary should in turn make the request of the Depository (or, in
the case of an Financial Intermediary, such Financial Intermediary should notify
the related Depository Participant of such request, which Depository Participant
should make the request of the Depository) on a form required by the Depository
and provided to the Depository Participant. In the case of a request on behalf
of a Deceased Holder, a certified copy of the death certificate and any
additional appropriate evidence of death and any tax waivers must be forwarded
to the Trustee under separate cover. Furthermore, such requests of Deceased
Holders that are incomplete may not be honored by the Trustee and, if not
honored, will lose their priority and must be resubmitted in proper form. Upon
receipt of such Principal Distribution Request, the Depository will date and
time stamp such request and forward such request to the Trustee. Such requests
will be honored on any Distribution Date only to the extent that they are
received by the Depository on or before the Record Date for such Distribution
Date. The Depository may establish such procedures as it deems fair and
equitable to establish the order of receipt of requests for such distributions
received by it on the same day. Principal Distribution Requests delivered to the
Depository after the Record Date for a particular Distribution Date and requests
received in a timely manner but not accepted with respect to a particular
Distribution Date will be treated as Principal Distribution Requests for the
next succeeding Distribution Date and each succeeding Distribution Date
thereafter until each request is accepted or is withdrawn as provided below. In
the case of Principal Distribution Requests on behalf of Living Holders, the
Depository will establish a new order of priority for each Distribution Date.
This order will apply both to previously unsatisfied Principal Distribution
Requests and to newly submitted requests. A Principal Distribution Request
submitted on behalf of a Living Holder who later dies will become entitled to
the priority of a newly submitted request on behalf of a Deceased Holder upon
satisfaction of the requirements set forth above for requests of a Deceased
Holder. Such priority will be effective for each subsequent Distribution Date if
the Trustee has received a certified copy of the death certificate for such
Deceased Holder and any additional appropriate evidence of death and any
requested tax waivers by the last business day of the preceding calendar month.
Each Principal Distribution Request submitted by a beneficial owner of a Class
A6, Class A12, Class A14 or Class A15 Certificate will be held by the Depository
until such request has been accepted or has been withdrawn in writing as
described herein. Neither the Trustee nor the Company shall be liable for any
delay in delivery of Principal Distribution Requests or Withdrawals (as defined
below) of such requests by the Depository, a Depository Participant or any
Financial Intermediary.
In the event that any Principal Distribution Requests are rejected by the
Trustee for failure to comply with the requirements of this Section 4.10, the
Trustee shall return such requests to the appropriate Depository Participant
with a copy to the Depository with an explanation as to the reason for such
rejection.
The Trustee shall maintain a list of those Depository Participants
representing the Certificate Owners of Class A6, Class A12, Class A14 or Class
A15 Certificates that have submitted Principal Distribution Requests, together
with the order of receipt and the amounts of such requests. The Trustee shall
notify the Depository and the appropriate Depository Participants as to which
requests should be honored on each Distribution Date. Requests shall be honored
by the Depository in accordance with the procedures, and subject to the
priorities and limitations, described in this Section 4.10. The exact procedures
to be followed by the Trustee and the Depository for purposes of determining
such priorities and limitations shall be those established from time to time by
the Trustee or the Depository, as the case may be. The decisions of the Trustee
and the Depository concerning such matters shall be final and binding on all
affected Persons.
Any beneficial owner of a Class A6, Class A12, Class A14 or Class A15
Certificate that has made a Principal Distribution Request may withdraw its
request by so notifying in writing the Depository Participant or Financial
Intermediary that maintains such beneficial owner's account (each such
withdrawal, a "Withdrawal"). The Depository Participant should forward the
Withdrawal to the Depository on a form required by the Depository. In the event
that such account is maintained by a Financial Intermediary, such Financial
Intermediary should notify the related Depository Participant which in turn
should forward the Withdrawal of such request, on a form required by the
Depository, to the Depository. If such Withdrawal has not been received by the
Depository and forwarded to the Trustee on or before the Record Date for the
next Distribution Date, the previously made Principal Distribution Request will
be irrevocable with respect to the making of distributions in reduction of the
Certificate Principal Balance of such Class A6, Class A12, Class A14 or Class
A15 Certificate on such Distribution Date.
(d) To the extent, if any, that amounts available for distribution in
reduction of the Class Certificate Principal Balance of the Class A6, Class A12,
Class A14 or Class A15 Certificates on a Distribution Date exceed the dollar
amount of Principal Distribution Requests that have been received in respect of
such Class by the related Record Date, as provided in Section 4.10(c) above,
distributions in reduction of the Class Certificate Principal Balance of such
Class of Certificates will be made by mandatory distributions on a Random Lot
basis, in integral multiples equal to $1,000, in reduction thereof without
regard to whether such Certificate Owners have submitted Principal Distribution
Requests. The Trustee shall notify the Depository of the aggregate amount of the
mandatory distribution in reduction of the Class Certificate Principal Balance
of the Class A6, Class A12, Class A14 or Class A15 Certificates to be made on
the next Distribution Date. The Depository shall then allocate such aggregate
amount among its Depository Participants on a Random Lot basis. Each Depository
Participant and, in turn, each Financial Intermediary, will then select, in
accordance with its own procedures, Class A6, Class A12, Class A14 or Class A15
Certificates, as the case may be, from among those held in its accounts to
receive mandatory distributions in reduction of the Class Certificate Principal
Balance of such Certificates, such that the total amount so selected is equal to
the aggregate amount of such mandatory distributions allocated to such
Depository Participant by the Depository and to such Financial Intermediary by
its related Depository Participant, as the case may be. Depository Participants
and Financial Intermediaries that hold Class A6, Class A12, Class A14 or Class
A15 Certificates selected for mandatory distributions in reduction of the Class
Certificate Principal Balance thereof should provide notice of such mandatory
distributions to the affected Certificate Owners.
(e) On the Closing Date, four Rounding Accounts shall be established with
the Trustee for the Class A6, Class A12, Class A14 and Class A15 Certificates,
respectively, and Merrill Lynch, Pierce, Fenner & Smith Incorporated shall cause
to be initially deposited the sum of $999.99 in each such Rounding Account. On
each Distribution Date on which a distribution is to be made in reduction of the
Class Certificate Principal Balance of the Class A6, Class A12, Class A14 or
Class A15 Certificates pursuant to Section 4.01(a), funds on deposit in the
related Rounding Account shall be, to the extent needed, withdrawn by the
Trustee and applied to round upward to an integral multiple of $1,000 the
aggregate distribution in reduction of the Class Certificate Principal Balance
to be made on such Class of Certificates. Rounding of such distribution on the
Class A6, Class A12, Class A14 or Class A15 Certificates shall be accomplished,
on the first such Distribution Date, by withdrawing from the related Rounding
Account the amount of funds, if any, needed to round the amount otherwise
available for such distribution in reduction of the Class Certificate Principal
Balance of the related Class of Certificates upward to the next integral
multiple of $1,000. On each succeeding Distribution Date on which distributions
in reduction of the Class Certificate Principal Balance of the Class A6, Class
A12, Class A14 or Class A15 Certificates are to be made pursuant to Section
4.01(a), the aggregate amount of such distributions allocable to such
Certificates shall be applied first to repay any funds withdrawn from the
related Rounding Account and not previously repaid, and then the remainder of
such allocable amount, if any, shall be similarly rounded upward to the next
integral multiple of $1,000 and applied as distributions in reduction of the
Class Certificate Principal Balance of the related Class of Certificates; this
process shall continue on succeeding principal Distribution Dates for the Class
A6, Class A12, Class A14 or Class A15 Certificates prior to the Cross-Over Date
until the Class Certificate Principal Balance of the related Class of
Certificates has been reduced to zero. Each Rounding Account shall be maintained
as a non-interest bearing account; the Rounding Accounts shall not be assets of
the Trust Fund, but shall be an asset in the REMIC.
(f) Notwithstanding any provisions herein to the contrary, on each
Distribution Date coinciding with or after the Cross-Over Date, all
distributions in reduction of the Class Certificate Principal Balance of any
Class A6, Class A12, Class A14 or Class A15 Certificates will be made among the
Holders and Certificate Owners of such Class of Certificates, pro rata, based on
their Certificate Principal Balances, and will not be made in integral multiples
of $1,000 or pursuant to requested distributions or mandatory distributions by
Random Lot.
(g) In the event that Definitive Certificates representing the Class A6,
Class A12, Class A14 or Class A15 Certificates are issued pursuant to Section
5.02(f), all requests for distributions or withdrawals of such requests relating
to such Class must be submitted to the Trustee, and the Trustee shall perform
the functions described in Section 4.10(a) through (d) using its own procedures,
which procedures shall, to the extent practicable, be consistent with the
procedures described in Section 4.10(a) through (d).
ARTICLE V
THE CERTIFICATES
Section 5.01. The Certificates. (a) The Certificates shall be substantially
in the forms set forth in Exhibit A hereto, as applicable, and shall, on
original issue, be executed by the Trustee, not in its individual capacity but
solely as Trustee, and countersigned and delivered by the Trustee to or upon the
order of the Company as provided in Article II.
(b) The Certificates shall be issued in an aggregate Initial Certificate
Principal Balance of $704,839,385.99. Such aggregate original principal balance
shall be divided among the Classes having the designations, Class Certificate
Principal Balances, Certificate Interest Rates and minimum denominations as
follows:
Initial Class
Certificate Certificate
Principal Interest Minimum
Designation Balance Rate Denominations
- ----------- ------- ---- -------------
Class A1 $ 67,565,789.00 6.50% $ 25,000
Class A2 571,282,002.00 6.50 25,000
Class A3 1,400,000.00 6.50 1,000
Class A4 8,341,146.00 6.50 1,000
Class A5 7,568,854.00 6.50 1,000
Class A6 3,500,000.00 6.50 1,000
Class A7 2,100,000.00 (1) 1,000
Class A8 1,400,000.00 6.50 1,000
Class A9 1,400,000.00 6.50 1,000
Class A10 1,400,000.00 6.50 1,000
Class A11 1,400,000.00 6.50 1,000
Class A12 3,000,000.00 6.50 1,000
Class A13 3,300,000.00 (2) 1,000
Class A14 1,000,000.00 6.50 1,000
Class A15 1,000,000.00 6.50 1,000
Class PO 987,918.87 0.00 (3)
Class M 13,039,528.00 6.50 100,000
Class B1 5,638,715.00 6.50 100,000
Class B2 3,171,777.00 6.50 100,000
Class B3 3,171,777.00 6.50 250,000
Class B4 1,409,678.00 6.50 250,000
Class B5 1,762,101.12 6.50 250,000
Class R 100.00 6.50 100
- -------------------
(1) The Certificate Interest Rate for the Class A7 Certificates will be 8.00%
per annum on all Distribution Dates to and including the Distribution Date
in January 2000, 7.00% per annum on any Distribution Date from and
including February 2000 to and including the Distribution Date in January
2001, and 6.50% per annum on any Distribution Date on or after February
2001.
(2) The Certificate Interest Rate for the Class A13 Certificates will be 8.00%
per annum on all Distribution Dates to and including the Distribution Date
in January 2000, and 6.50% per annum on any Distribution Date on or after
February 2000.
(3) The Class PO Certificates will be issued as a single Certificate evidencing
the entire Class Certificate Principal Balance of such Class.
(c) The Certificates shall be issuable in registered form only. The
Book-Entry Certificates will be evidenced by one or more certificates,
beneficial ownership of which will be held in the minimum dollar denominations
in Certificate Principal Balance or Notional Principal Balance, as applicable,
specified in Section 5.01(b), and integral multiples of $1,000 in excess
thereof. The Non-Book-Entry Certificates other than the Residual Certificate
shall each be issued in the minimum dollar denominations in Certificate
Principal Balance or Notional Principal Balance, as applicable, specified in
Section 5.01(b), and integral multiples of $1,000 in excess thereof (and, if
necessary, in the amount of the remaining Class Certificate Principal Balance or
Notional Principal Balance, as applicable, of each Class, in the case of one
Certificate of such Class). The Residual Certificate shall be issued as a single
certificate evidencing the entire Class Certificate Principal Balance of such
Class and having a Percentage Interest of 100%. If necessary, one Certificate of
each Class of Book-Entry Certificates may evidence an additional amount equal to
the remainder of the Class Certificate Principal Balance (or Notional Principal
Balance) of such Class.
(d) The Certificates shall be executed by manual or facsimile signature on
behalf of the Trustee by an authorized officer under its seal, which may be in
facsimile form and be imprinted or otherwise reproduced thereon. Certificates
bearing the manual or facsimile signatures of individuals who were, at the time
when such signatures were affixed, authorized to sign on behalf of the Trustee
shall bind the Trustee, notwithstanding that such individuals or any of them
have ceased to be so authorized prior to the authentication and delivery of such
Certificates or did not hold such offices at the date of such Certificate. No
Certificate shall be entitled to any benefit under this Agreement, or be valid
for any purpose, unless such Certificate shall have been manually countersigned
by the Trustee substantially in the forms set forth in Exhibit A hereto, and
such countersignature upon any Certificate shall be conclusive evidence, and the
only evidence, that such Certificate has been duly executed and delivered
hereunder. All Certificates issued on the Closing Date shall be dated the
Closing Date; all Certificates issued thereafter shall be dated the date of
their countersignature.
(e) [Reserved]
Section 5.02. Registration of Transfer and Exchange of Certificates. (a)
The Trustee shall cause to be kept at an office or agency in the city in which
the Corporate Trust Office of the Trustee is located or in the City of New York,
New York a Certificate Register in which, subject to such reasonable regulations
as it may prescribe, the Trustee shall provide for the registration of
Certificates and of transfers and exchanges of Certificates as herein provided.
The Trustee shall initially serve as Certificate Registrar for the purpose of
registering Certificates and transfers and exchanges of Certificates as herein
provided.
Subject to Sections 5.02(b) and 5.02(c), upon surrender for registration of
transfer of any Certificate at the Corporate Trust Office, the Trustee shall
execute, authenticate and deliver, in the name of the designated transferee or
transferees, one or more new Certificates of the same Class in authorized
denominations of a like Percentage Interest.
At the option of a Certificateholder, Certificates may be exchanged for
other Certificates of authorized denominations of a like Class and Percentage
Interest, upon surrender of the Certificates to be exchanged at any such office
or agency. Whenever any Certificates are so surrendered for exchange the Trustee
shall execute, countersign and deliver the Certificates which the
Certificateholder making the exchange is entitled to receive. Every Certificate
presented or surrendered for registration of transfer or exchange shall be
accompanied by a written instrument of transfer in form satisfactory to the
Trustee and the Certificate Registrar duly executed by the Holder thereof or his
attorney duly authorized in writing.
No service charge shall be made for any registration of transfer or
exchange of Certificates, but the Trustee may require payment of a sum
sufficient to cover any tax or governmental charge that may be imposed in
connection with any transfer or exchange of Certificates.
All Certificates surrendered for registration of transfer and exchange
shall be canceled and subsequently destroyed by the Trustee and a certificate of
destruction shall be delivered by the Trustee to the Company.
(b) No legal or beneficial interest in all or any portion of the Residual
Certificates may be transferred directly or indirectly to (i) Disqualified
Organization or an agent of a Disqualified Organization (including a broker,
nominee, or middleman), (ii) an entity that holds REMIC residual securities as
nominee to facilitate the clearance and settlement of such securities through
electronic book-entry changes in accounts of participating organizations (a
"Book-Entry Nominee"), or (iii) an individual, corporation, partnership or other
person unless such transferee (A) is not a Non-U.S. Person or (B) is a Non-U.S.
Person that holds a Residual Certificate in connection with the conduct of a
trade or business within the United States and has furnished the transferor and
the Trustee with an effective Internal Revenue Service Form 4224 or (C) is a
Non-U.S. Person that has delivered to both the transferor and the Trustee an
opinion of a nationally recognized tax counsel to the effect that the transfer
of a Residual Certificate to it is in accordance with the requirements of the
Code and the regulations promulgated thereunder and that such transfer of a
Residual Certificate will not be disregarded for federal income tax purposes
(any such person who is not covered by clause (A), (B) or (C) above being
referred to herein as a "Non-permitted Foreign Holder"), and any such purported
transfer shall be void and have no effect. The Trustee shall not execute, and
shall not authenticate and deliver, a Residual Certificate in connection with
any transfer thereof unless the transferor shall have provided to the Trustee an
affidavit, substantially in the form attached as Exhibit F hereto, signed by the
transferee, to the effect that the transferee is not such a Disqualified
Organization, an agent (including a broker, nominee, or middleman) for any
entity as to which the transferee has not received a substantially similar
affidavit, a Book-Entry Nominee or a Non-permitted Foreign Holder, which
affidavit shall contain the consent of the transferee to any such amendments of
this Agreement as may be required to further effectuate the foregoing
restrictions on transfer of the Residual Certificates to Disqualified
Organizations, Book-Entry Nominees or Non-permitted Foreign Holders, and an
agreement by the Transferee that it will not transfer a Residual Certificate
without providing to the Trustee an affidavit substantially in the form attached
as Exhibit F hereto and a letter substantially in the form attached as Exhibit G
hereto. Such affidavit shall also contain the statement of the transferee that
(i) it does not have the intention to impede the assessment or collection of any
federal, state or local taxes legally required to be paid with respect to the
Residual Certificates and (ii) it understands that it may incur tax liabilities
in excess of cash flows generated by a Residual Certificate and that it intends
to pay taxes associated with holding a Residual Certificate as they become due.
The affidavit described in the preceding paragraph, if not executed in
connection with the initial issuance of the Residual Certificates, shall be
accompanied by a written statement in the form attached as Exhibit G hereto,
signed by the transferor, to the effect that as of the time of the transfer, the
transferor has (i) no actual knowledge that the transferee is a Disqualified
Organization, Book-Entry Nominee or Non-permitted Foreign Holder, (ii) no reason
to believe that the transferee has the intention to impede the assessment or
collection of any federal, state or local taxes legally required to be paid with
respect to a Residual Certificate, and (iii) conducted a reasonable
investigation and found that the transferee had historically paid its debts as
they came due and found no significant evidence to indicate that the transferee
will not continue to pay its debts as they become due. The Residual Certificates
shall bear a legend referring to the foregoing restrictions contained in this
paragraph and the preceding paragraph.
Upon notice to the Company that any legal or beneficial interest in any
portion of the Residual Certificates has been transferred, directly or
indirectly, to a Disqualified Organization or agent thereof (including a broker,
nominee, or middleman) in contravention of the foregoing restrictions, (i) such
transferee shall be deemed to hold the Residual Certificate in constructive
trust for the last transferor who was not a Disqualified Organization or agent
thereof, and such transferor shall be restored as the owner of such Residual
Certificate as completely as if such transfer had never occurred, provided that
the Company may, but is not required to, recover any distributions made to such
transferee with respect to the Residual Certificate and return such recovery to
the transferor, and (ii) the Company agrees to furnish to the Internal Revenue
Service and to any transferor of the Residual Certificate or such agent (within
60 days of the request therefor by the transferor or agent) such information
necessary to the application of section 860E(e) of the Code as may be required
by the Code, including but not limited to the present value of the total
anticipated excess inclusions with respect to the Residual Certificate (or
portion thereof) for periods after such transfer. At the election of the
Company, the cost to the Company of computing and furnishing such information
may be charged to the transferor or such agent referred to above; however, the
Company shall in no event be excused from furnishing such information.
The restrictions on transfers of the Residual Certificates set forth in the
preceding three paragraphs shall cease to apply to transfers (and the applicable
portions of the legend to the Residual Certificates may be deleted) after
delivery to the Trustee of an Opinion of Counsel to the effect that the
elimination of such restrictions will not cause the REMIC established hereunder
to fail to qualify as a REMIC at any time that the Certificates are outstanding.
No transfer of a Restricted Certificate shall be made unless such transfer
is made pursuant to an effective registration statement under the Securities Act
of 1933, as amended (the "Act"), and any applicable state securities laws, in
each case as evidenced by an Officer's Certificate, or is exempt from the
registration requirements of the Act and any applicable state securities laws.
In the event of such registration, any restrictive legends set forth in the form
of the relevant Restricted Certificate in Exhibit A hereto with respect to the
Act and state securities law restrictions shall be removed by the Trustee upon
request of the Holder thereof and automatically upon exchange or registration of
transfer thereof. As a condition to any transfer that is to be made in reliance
upon an exemption from the Act and such laws of a (i) Class PO Certificate or
(ii) Restricted Junior Certificate to any person other than a QIB (as certified
by the proposed transferee in the form of assignment attached to the related
Certificate), either (x) the Trustee shall require the transferee to execute an
investment letter in the form substantially as set forth in Exhibit I hereto or
in such other form as may be acceptable to the Trustee, certifying as to the
facts surrounding such transfer, or (y) in lieu of such investment letter, the
Trustee may accept a written Opinion of Counsel (in form and substance
acceptable to the Trustee) that such proposed transfer may be made pursuant to
an exemption from the Act. As an additional condition to any transfer of a
Restricted Certificate, either (i) the transferor and the transferee shall
complete the form of assignment attached to the Certificate proposed to be
transferred, or (ii) the Trustee shall have received the above-referenced
Opinion of Counsel. The holder of any Restricted Certificate desiring to effect
the transfer thereof to a person other than a QIB shall, and hereby agrees to,
comply with any applicable conditions set forth in the preceding two sentences
and indemnify the Trustee and the Company against any liability that may result
if the transfer thereof is not so exempt or is not made in accordance with such
federal and state laws. Such agreement to so indemnify the Trustee and the
Company shall survive the termination of this Agreement. Notwithstanding the
foregoing, no Opinion of Counsel or investment letter shall be required upon the
original issuance of (i) the Restricted Junior Certificates to the Initial
Purchaser (as defined in the Private Placement Memorandum) or its nominee and
(ii) the Class PO Certificates to the Company or upon any subsequent transfer of
any Class PO Certificate by the Company, provided that if any Restricted Junior
Certificates are, at the request of the Initial Purchaser, registered in the
name of its nominee, the Initial Purchaser shall be deemed to acknowledge and
agree with the Company and the Trustee that no transfer of a beneficial interest
in such Certificates will be made without registering such Certificates in the
name of the transferee, which shall be a Person other than such nominee. Any
opinion or letter required pursuant to this paragraph shall not be at the
expense of the Trust Fund or the Trustee.
(c) (i) No transfer of an ERISA-Restricted Certificate in the form of a
Definitive Certificate shall be made to any Person unless the Trustee has
received (A) a certificate (substantially in the form of Exhibit E or such other
form as is acceptable to the Company and the Trustee) from such transferee to
the effect that such transferee (i) is not a Plan or a Person that is using the
assets of a Plan to acquire such ERISA-Restricted Certificate or (ii) is an
insurance company investing assets of its general account and the exemptions
provided by Section III(a) of Department of Labor Prohibited Transaction Class
Exemption 95-60, 60 Fed. Reg. 35925 (July 12, 1995) (the "Exemptions") apply to
the transferee's acquisition and holding of any ERISA-Restricted Certificate or
(B) an opinion of counsel satisfactory to the Trustee and the Company to the
effect that the purchase and holding of such a Certificate will not constitute
or result in the assets of the Trust Fund being deemed to be "plan assets"
subject to the prohibited transactions provisions of ERISA or Section 4975 of
the Code and will not subject the Trustee or the Company to any obligation in
addition to those undertaken in the Agreement; provided, however, that the
Trustee will not require such certificate or opinion in the event that, as a
result of a change of law or otherwise, counsel satisfactory to the Trustee has
rendered an opinion to the effect that the purchase and holding of an
ERISA-Restricted Certificate by a Plan or a Person that is purchasing or holding
such a Certificate with the assets of a Plan will not constitute or result in a
prohibited transaction under ERISA or Section 4975 of the Code. The preparation
and delivery of the certificate and opinions referred to above shall not be an
expense of the Trust Fund, the Trustee or the Company. Notwithstanding the
foregoing, no opinion or certificate shall be required for the initial issuance
of the ERISA-Restricted Certificates.
(ii) No transfer of a Residual Certificate shall be made to any Person
unless the Trustee has received a certification (substantially in the form
of paragraph 4 of Exhibit F) from such transferee to the effect that, among
other things, such transferee is not a Plan or a Person that is using the
assets of a Plan to acquire any such Certificate. The preparation and
delivery of such certificate shall not be an expense of the Trust Fund, the
Trustee or the Company.
(d) Subject to Section 8.01(i) hereof, the Trustee may conclusively rely
upon any certificate, affidavit or opinion delivered pursuant to Section 5.02(b)
or (c). Any certificate or affidavit required to be delivered by a transferee
under this Section 5.02 may be executed and delivered in the name of such
transferee by its attorney-in-fact duly authorized in writing in form and
substance satisfactory to the Trustee.
(e) Except as to any additional Certificate of any Class of Book-Entry
Certificates held in physical certificated form pursuant to Section 5.02(g) or
any Restricted Junior Certificate of any Class of Book-Entry Certificates that
is transferred to an entity other than a QIB, the Book-Entry Certificates shall,
subject to Section 5.02(f), at all times remain registered in the name of the
Depository or its nominee and at all times: (i) registration thereof may not be
transferred by the Trustee except to another Depository; (ii) the Depository
shall maintain book-entry records with respect to the Certificate Owners and
with respect to ownership and transfers of such Certificates; (iii) ownership
and transfers of registration of the Certificates issued in book-entry form on
the books of the Depository shall be governed by applicable rules established by
the Depository and the rights of Certificate Owners with respect to Book-Entry
Certificates shall be governed by applicable law and agreements between such
Certificate Owners and the Depository, Depository Participants, and indirect
participating firms; (iv) the Depository may collect its usual and customary
fees, charges and expenses from its Depository Participants; (v) the Trustee
shall deal with the Depository, Depository Participants and indirect
participating firms as authorized representatives of the Certificate Owners of
the Certificates issued in book-entry form for all purposes including the making
of payments due on the Book-Entry Certificates and exercising the rights of
Holders under this Agreement, and requests and directions for and votes of such
representatives shall not be deemed to be inconsistent if they are made with
respect to different Certificate Owners; (vi) the Trustee may rely and shall be
fully protected in relying upon information furnished by the Depository with
respect to its Depository Participants and furnished by the Depository
Participants with respect to indirect participating firms and persons shown on
the books of such indirect participating firms as direct or indirect Certificate
Owners; (vii) Certificate Owners shall not be entitled to certificates for the
Book-Entry Certificates and (viii) the Trustee may establish a reasonable record
date in connection with solicitations of consents from or voting by
Certificateholders and give notice to the Depository of such record date.
All transfers by Certificate Owners of Book-Entry Certificates shall be
made in accordance with the procedures established by the Depository Participant
or brokerage firm representing such Certificate Owner. Each Depository
Participant shall only transfer Book-Entry Certificates of Certificate Owners it
represents or of brokerage firms for which it acts as agent in accordance with
the Depository's normal procedures. Except as provided herein, the Trustee shall
have no duty to monitor or restrict the transfer of Certificates or interests
therein, and shall have no liability for any transfer, including any transfer
made through the book-entry facilities of the Depository or between or among
Depository Participants or Certificate Owners, made in violation of applicable
restrictions set forth herein, except in the event of the failure of the Trustee
to perform its duties and fulfill its obligations under this Agreement.
(f) If (x)(i) the Company or the Depository advises the Trustee in writing
that the Depository is no longer willing, qualified or able to properly
discharge its responsibilities as Depository, and (ii) the Trustee or the
Company is unable to locate a qualified successor, (y) the Company at its option
advises the Trustee in writing that it elects to terminate the book-entry system
through the Depository or (z) after the occurrence of an Event of Default,
Certificate Owners representing not less than 51% of the aggregate Voting Rights
allocated to the Book-Entry Certificates together advise the Trustee and the
Depository through the Depository Participants in writing that the continuation
of a book-entry system through the Depository is no longer in the best interests
of the Certificate Owners, the Trustee shall notify all Certificate Owners,
through the Depository, of the occurrence of any such event and of the
availability of Definitive Certificates to Certificate Owners requesting the
same. Upon surrender to the Trustee of such Certificates by the Depository,
accompanied by registration instructions from the Depository for registration,
the Trustee shall issue the Definitive Certificates. Neither the Company nor the
Trustee shall be liable for any delay in delivery of such instructions and may
conclusively rely on, and shall be protected in relying on, such instructions.
Upon the issuance of Definitive Certificates all references herein to
obligations imposed upon or to be performed by the Depository shall be deemed to
be imposed upon and performed by the Trustee, to the extent applicable with
respect to such Definitive Certificates and the Trustee shall recognize the
Holders of the Definitive Certificates as Certificateholders hereunder.
(g) On or prior to the Closing Date, there shall be delivered to the
Depository (or to State Street Bank and Trust Company acting as custodian for
the Depository pursuant to the Depository's procedures) one certificate for each
Class of Book-Entry Certificates registered in the name of the Depository's
nominee, Cede & Co. The face amount of each such Certificate shall represent
100% of the initial Class Certificate Principal Balance thereof, except for such
amount that does not constitute an acceptable denomination to the Depository. An
additional Certificate of each Class of Book-Entry Certificates may be issued
evidencing such remainder and, if so issued, will be held in physical
certificated form by the Holders thereof. Each Certificate issued in book-entry
form shall bear the following legend:
"Unless this Certificate is presented by an authorized representative of
The Depository Trust Company, a New York corporation ("DTC"), to Issuer or its
agent for registration of transfer, exchange, or payment, and any certificate
issued is registered in the name of Cede & Co. or in such other name as
requested by an authorized representative of DTC (and any payment is made to
Cede & Co. or to such other entity as is requested by an authorized
representative of DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner
hereof, Cede & Co., has an interest herein."
Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates. If (a) any
mutilated Certificate is surrendered to the Certificate Registrar, or the
Certificate Registrar receives evidence to its satisfaction of the destruction,
loss or theft of any Certificate and (b) there is delivered to the Company, the
Certificate Registrar and the Trustee such security or indemnity as may be
required by them to save each of them harmless, then, in the absence of notice
to the Certificate Registrar or the Trustee that such Certificate has been
acquired by a bona fide purchaser, the Trustee shall execute, countersign and
deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or
stolen Certificate, a new Certificate of like tenor, Class and Percentage
Interest. In connection with the issuance of any new Certificate under this
Section 5.03, the Trustee may require the payment of a sum sufficient to cover
any tax or other governmental charge that may be imposed in relation thereto and
any other expenses (including the fees and expenses of the Trustee and the
Certificate Registrar) connected therewith. Any duplicate Certificate issued
pursuant to this Section 5.03 shall constitute complete and indefeasible
evidence of ownership in the Trust Fund, as if originally issued, whether or not
the lost, stolen or destroyed Certificate shall be found at any time.
Section 5.04. Persons Deemed Owners. Prior to due presentation of a
Certificate for registration of transfer, the Company, the Trustee, the
Certificate Registrar and any agent of the Company, the Trustee or the
Certificate Registrar may treat the person in whose name any Certificate is
registered as the owner of such Certificate for the purpose of receiving
distributions pursuant to Section 4.01 and for all other purposes whatsoever,
and neither the Company, the Trustee, the Certificate Registrar nor any agent of
the Company, the Trustee or the Certificate Registrar shall be affected by any
notice to the contrary.
Section 5.05. Access to List of Certificateholders' Names and Addresses.
The Certificate Registrar will furnish or cause to be furnished to the Company,
within 15 days after receipt by the Certificate Registrar of request therefor
from the Company in writing, a list, in such form as the Company may reasonably
require, of the names and addresses of the Certificateholders as of the most
recent Record Date for payment of distributions to Certificateholders. If three
or more Certificateholders (hereinafter referred to as "applicants") apply in
writing to the Trustee, and such application states that the applicants desire
to communicate with other Certificateholders with respect to their rights under
this Agreement or under the Certificates and is accompanied by a copy of the
communication which such applicants propose to transmit, then the Trustee shall,
within five Business Days after the receipt of such application, afford such
applicants access during normal business hours to the most recent list of
Certificateholders held by the Trustee. If such list is as of a date more than
90 days prior to the date of receipt of such applicants' request, the Trustee
shall promptly request from the Certificate Registrar a current list as provided
above, and shall afford such applicants access to such list promptly upon
receipt. Every Certificateholder, by receiving and holding a Certificate, agrees
with the Certificate Registrar and the Trustee that neither the Certificate
Registrar nor the Trustee shall be held accountable by reason of the disclosure
of any such information as to the names and addresses of the Certificateholders
hereunder, regardless of the source from which such information was derived.
Section 5.06. Representation of Certain Certificateholders. The fiduciary
of any Plan which becomes a Holder of a Certificate, by virtue of its acceptance
of such Certificate, will be deemed to have represented and warranted to the
Trustee and the Company that such Plan is an "accredited investor" as defined in
Rule 501(a)(1) of Regulation D promulgated by the Securities and Exchange
Commission under the Securities Act of 1933.
Section 5.07. Determination of COFI. (a) If the outstanding Certificates
include any COFI Certificates, then on each COFI Determination Date the Trustee
shall determine the value of COFI on the basis of the most recently available
Information Bulletin referred to in the definition of "COFI". The establishment
of COFI by the Trustee and the Trustee's subsequent calculation of the rates of
interest applicable to the COFI Certificates for each Interest Accrual Period
shall (in the absence of manifest error) be final and binding. During each
Interest Accrual Period, the Certificate Interest Rate for the COFI Certificates
for the current and immediately preceding Interest Accrual Period shall be made
available by the Trustee to Certificate Owners and Certificateholders at the
following telephone number: (617) 664-5500.
(b) The failure by the Federal Home Loan Bank of San Francisco to publish
COFI for a period of 65 calendar days will constitute an "Alternative Rate
Event" for purposes hereof. Upon the occurrence of an Alternative Rate Event,
the Company will calculate the Certificate Interest Rates for the COFI
Certificates for the subsequent Interest Accrual Periods by using, in place of
COFI, (i) the replacement index, if any, published or designated by the Federal
Home Loan Bank of San Francisco or (ii) if no replacement index is so published
or designated, an alternative index to be selected by the Company that has
performed, or that the Company expects to perform, in a manner substantially
similar to COFI. At the time an alternative index is first selected by the
Company, the Company shall determine the average number of basis points, if any,
by which the alternative index differed from COFI for such period as the
Company, in its sole discretion, reasonably determines to reflect fairly the
long-term difference between COFI and the alternative index, and shall adjust
the alternative index by such average. The Company shall select a particular
index as an alternative only if it receives an Opinion of Counsel to the effect
that the selection of such index will not cause any REMIC established hereunder
to fail to qualify as a REMIC for federal income tax purposes. In the absence of
manifest error, the selection of any alternative index as provided by this
Section 5.07(b) shall be final and binding for each subsequent Interest Accrual
Period. Upon the occurrence of an Alternative Rate Event, the Trustee shall have
no responsibility for the determination of any alternative index or the
calculation of the Certificate Interest Rates for the COFI Certificates.
(c) If at any time after the occurrence of an Alternative Rate Event the
Federal Home Loan Bank of San Francisco resumes publication of COFI, the
Certificate Interest Rates for the COFI Certificates for each Interest Accrual
Period commencing thereafter will be calculated by reference to COFI.
Section 5.08. Determination of LIBOR. (a) If the outstanding Certificates
include any LIBOR Certificates, then on each LIBOR Determination Date the
Trustee shall determine LIBOR for the related Interest Accrual Period as such
rate equal to the Interest Settlement Rate. If such rate does not appear on the
Designated Telerate Page as of 11:00 a.m., London time, on the applicable LIBOR
Determination Date:
(i) The Trustee will request the principal London office of each
Reference Bank (as defined in Section 5.08(e)) to provide such bank's
offered quotation (expressed as a percentage per annum) to prime banks in
the London interbank market for one-month U.S. Dollar deposits as of 11:00
a.m., London time, on the applicable LIBOR Determination Date.
(ii) If on any LIBOR Determination Date, two or more of the Reference
Banks provide such offered quotations, LIBOR for the next Interest Accrual
Period will be the arithmetic mean of such offered quotations (rounding
such arithmetic mean upwards, if necessary, to the nearest whole multiple
of 1/16%). If on any LIBOR Determination Date only one or none of the
Reference Banks provide such offered quotations, LIBOR for the next
Interest Accrual Period will be the rate per annum the Trustee determines
to be the arithmetic mean (rounding such arithmetic mean upwards, if
necessary, to the nearest whole multiple of 1/16%) of the one-month
Eurodollar lending rate that three major banks in New York City selected by
the Trustee are quoting as of approximately 11:00 a.m., New York City time,
on the first day of the applicable Interest Accrual Period.
(iii) If on any LIBOR Determination Date the Trustee is required but
unable to determine LIBOR in the manner provided in subparagraph (ii) of
this Section 5.08(a), LIBOR for the next Interest Accrual Period will be
LIBOR as determined on the previous LIBOR Determination Date, or, in the
case of the first LIBOR Determination Date, the Initial LIBOR Rate.
(b) The establishment of LIBOR by the Trustee and the Trustee's subsequent
calculation of the Certificate Interest Rates applicable to the LIBOR
Certificates for the relevant Interest Accrual Period, in the absence of
manifest error, will be final and binding.
(c) Within five Business Days of the Trustee's calculation of the
Certificate Interest Rates of the LIBOR Certificates, the Trustee shall furnish
to the Company by telecopy (or by such other means as the Trustee and the
Company may agree from time to time) such Certificate Interest Rates.
(d) The Trustee shall provide to Certificateholders who inquire of it by
telephone the Certificate Interest Rates of the LIBOR Certificates for the
current and immediately preceding Interest Accrual Period.
(e) As used herein, "Reference Banks" shall mean no more than four leading
banks engaged in transactions in Eurodollar deposits in the international
Eurocurrency market (i) with an established place of business in London,
England, (ii) whose quotations appear on the display designated "LIBO" on the
Reuters Monitor Money Rates Service (the "Reuters Screen LIBO Page") on the
applicable LIBOR Determination Date and (iii) which have been designated as such
by the Trustee and are able and willing to provide such quotations to the
Trustee on each LIBOR Determination Date. The Reference Banks initially shall
be: Barclay's plc, Bank of Tokyo, National Westminster Bank and Trust Company
and Bankers Trust Company. If any of the initial Reference Banks should be
removed from the Reuters Screen LIBO Page or in any other way fail to meet the
qualifications of a Reference Bank, or if such page is no longer published, the
Trustee, after consultation with the Company, shall use its best efforts to
designate alternate Reference Banks.
ARTICLE VI
THE COMPANY
Section 6.01. Liability of the Company. The Company shall be liable in
accordance herewith only to the extent of the obligations specifically imposed
upon and undertaken by the Company herein.
Section 6.02. Merger or Consolidation of, or Assumption of the Obligations
of, the Company. Any corporation into which the Company may be merged or
consolidated, or any corporation resulting from any merger, conversion or
consolidation to which the Company shall be a party, or any corporation
succeeding to the business of the Company, or any corporation, more than 50% of
the voting stock of which is, directly or indirectly, owned by General Electric
Company, or any limited partnership, the sole general partner of which is either
the Company or a corporation, more than 50% of the voting stock of which is
owned, directly or indirectly, by General Electric Company, which executes an
agreement of assumption to perform every obligation of the Company hereunder,
shall be the successor of the Company hereunder, without the execution or filing
of any paper or any further act on the part of any of the parties hereto,
anything herein to the contrary notwithstanding.
Section 6.03. Assignment. The Company may assign its rights and delegate
its duties and obligations as servicer under this Agreement; provided, that (i)
the purchaser or transferee accepting such assignment or delegation is qualified
to service mortgage loans for FNMA or FHLMC, is reasonably satisfactory to the
Trustee and executes and delivers to the Trustee an agreement, in form and
substance reasonably satisfactory to the Trustee, which contains an assumption
by such purchaser or transferee of the due and punctual performance and
observance of each covenant and condition to be performed or observed by the
Company as servicer hereunder from and after the date of such agreement and (ii)
each Rating Agency's rating of any Classes of Certificates in effect immediately
prior to such assignment or delegation would not be qualified, downgraded or
withdrawn as a result thereof. In the case of any such assignment or delegation,
the Company will be released from its obligations as servicer hereunder except
for liabilities and obligations as servicer incurred prior to such assignment or
delegation.
Section 6.04. Limitation on Liability of the Company and Others. Neither
the Company nor any of the directors or officers or employees or agents of the
Company shall be under any liability to the Trust Fund or the Certificateholders
for any action taken or for refraining from the taking of any action by the
Company pursuant to this Agreement, or for errors in judgment; provided,
however, that this provision shall not protect the Company or any such person
against any liability which would otherwise be imposed by reason of willful
misfeasance, bad faith or gross negligence in the performance of duties of the
Company or by reason of reckless disregard of obligations and duties of the
Company hereunder. The Company and any director or officer or employee or agent
of the Company may rely in good faith on any document of any kind prima facie
properly executed and submitted by any Person respecting any matters arising
hereunder. The Company and any director or officer or employee or agent of the
Company shall be indemnified by the Trust Fund and held harmless against any
loss, liability or expense incurred in connection with any legal action relating
to this Agreement or the Certificates, other than any loss, liability or expense
related to any specific Mortgage Loan or Mortgage Loans (except as any such
loss, liability or expense shall be otherwise reimbursable pursuant to this
Agreement) and any loss, liability or expense incurred by reason of willful
misfeasance, bad faith or gross negligence in the performance of duties
hereunder or by reason of reckless disregard of obligations and duties
hereunder. The Company shall be under no obligation to appear in, prosecute or
defend any legal action which is not incidental to its duties to service the
Mortgage Loans in accordance with this Agreement and which in its opinion may
involve it in any expense or liability; provided, however, that the Company may
in its sole discretion undertake any such action which it may deem necessary or
desirable in respect of this Agreement, and the rights and duties of the parties
hereto and the interests of the Certificateholders hereunder. In such event, the
legal expenses and costs of such action and any liability resulting therefrom
shall be expenses, costs and liabilities of the Trust Fund and the Company shall
be entitled to be reimbursed therefor from amounts credited to the Mortgage Loan
Payment Record as provided by Section 3.04.
Section 6.05. The Company Not to Resign. Subject to the provisions of
Sections 6.02 and 6.03, the Company shall not resign from the obligations and
duties hereby imposed on it except upon determination that the performance of
its duties hereunder is no longer permissible under applicable law. Any such
determination permitting the resignation of the Company shall be evidenced by an
Opinion of Counsel to such effect delivered to the Trustee. No such resignation
shall become effective until the Trustee or a successor servicer shall have
assumed the responsibilities and obligations of the Company in accordance with
Section 7.02.
ARTICLE VII
DEFAULT
Section 7.01. Events of Default. If any one of the following events
("Events of Default") shall occur and be continuing:
(i) Any failure by the Company to make any payment to the Trustee of
funds pursuant to Section 3.02(d) out of which distributions to
Certificateholders of any Class are required to be made under the terms of
the Certificates and this Agreement which failure continues unremedied for
a period of three Business Days after the date upon which written notice of
such failure shall have been given to the Company by the Trustee or to the
Company and the Trustee by Holders of Certificates of each Class affected
thereby evidencing, as to each such Class, Percentage Interests aggregating
not less than 25%; or
(ii) Failure on the part of the Company duly to observe or perform in
any material respect any other covenants or agreements of the Company set
forth in the Certificates or in this Agreement, which covenants and
agreements (A) materially affect the rights of Certificateholders and (B)
continue unremedied for a period of 60 days after the date on which written
notice of such failure, requiring the same to be remedied, shall have been
given to the Company by the Trustee, or to the Company and the Trustee by
the Holders of Certificates of each Class affected thereby evidencing, as
to each such Class, Percentage Interests aggregating not less than 25%; or
(iii) The entry of a decree or order by a court or agency or
supervisory authority having jurisdiction in the premises for the
appointment of a conservator, receiver or liquidator in any insolvency,
readjustment of debt, marshalling of assets and liabilities or similar
proceedings of or relating to the Company, or for the winding up or
liquidation of the Company's affairs, and the continuance of any such
decree or order unstayed and in effect for a period of 60 consecutive days;
or
(iv) The consent by the Company to the appointment of a conservator or
receiver or liquidator in any insolvency, readjustment of debt, marshalling
of assets and liabilities or similar proceedings of or relating to the
Company or of or relating to substantially all of its property; or the
Company shall admit in writing its inability to pay its debts generally as
they become due, file a petition to take advantage of any applicable
insolvency or reorganization statute, make an assignment for the benefit of
its creditors, or voluntarily suspend payment of its obligations;
then, and in each and every such case, so long as an Event of Default shall not
have been remedied by the Company, either the Trustee, or the Holders of
Certificates of each Class affected thereby evidencing, as to each such Class,
Percentage Interests aggregating not less than 51%, by notice then given in
writing to the Company (and to the Trustee if given by the Certificateholders)
may terminate all of the rights and obligations of the Company as servicer under
this Agreement. On or after the receipt by the Company of such written notice,
all authority and power of the Company under this Agreement, whether with
respect to the Certificates or the Mortgage Loans or otherwise, shall pass to
and be vested in the Trustee pursuant to and under this Section 7.01; and,
without limitation, the Trustee is hereby authorized and empowered to execute
and deliver, on behalf of the Company, as attorney-in-fact or otherwise, any and
all documents and other instruments, and to do or accomplish all other acts or
things necessary or appropriate to effect the purposes of such notice of
termination, whether to complete the transfer and endorsement of the Mortgage
Loans and related documents, or otherwise, including, without limitation, the
recordation of the assignments of the Mortgage Loans to it. The Company agrees
to cooperate with the Trustee in effecting the termination of the
responsibilities and rights of the Company hereunder, including, without
limitation, the transfer to the Trustee for the administration by it of all cash
amounts that shall at the time be held by the Company and that have been or
should have been credited by it to the Mortgage Loan Payment Record, or that
have been deposited by the Company in the Certificate Account or are thereafter
received by the Company with respect to the Mortgage Loans. In addition to any
other amounts which are then, or, notwithstanding the termination of its
activities as servicer, may become, payable to the Company under this Agreement,
the Company shall be entitled to receive out of any delinquent payment on
account of interest on a Mortgage Loan, due during the period prior to the
notice pursuant to this Section 7.01 which terminates the obligation and rights
of the Company hereunder and received after such notice, that portion of such
payment which it would have been entitled to retain pursuant to Section 3.04(vi)
if such notice had not been given.
Section 7.02. Trustee to Act; Appointment of Successor. (a) On and after
the time the Company receives a notice of termination pursuant to Section 7.01,
the Trustee shall be the successor in all respects to the Company in its
capacity as servicer under this Agreement and the transactions set forth or
provided for herein and shall succeed to all the rights of and be subject to all
the responsibilities, duties and liabilities relating thereto placed on the
Company in its capacity as servicer by the terms and provisions hereof;
provided, however, that the responsibilities and duties of the Company pursuant
to Sections 2.02 and 2.03(a) and, if the Trustee is prohibited by law or
regulation from making Monthly Advances, the responsibility to make Monthly
Advances pursuant to Section 4.04, shall not be the responsibilities, duties or
obligations of the Trustee; and provided further, that any failure of the
Trustee to perform such duties and responsibilities that is caused by the
Company's failure to cooperate with the Trustee as required by Section 7.01
shall not be considered a default by the Trustee hereunder. As compensation
therefor, the Trustee shall, except as provided in Section 7.01, be entitled to
such compensation as the Company would have been entitled to hereunder if no
such notice of termination had been given. Notwithstanding the above, the
Trustee may, if it shall be unwilling so to act, or shall, if it is legally
unable so to act, appoint, or petition a court of competent jurisdiction to
appoint, any established housing and home finance institution approved to
service mortgage loans for either FNMA or FHLMC, having a net worth of not less
than $10,000,000, as the successor to the Company hereunder in the assumption of
all or any part of the responsibilities, duties or liabilities of the Company
hereunder. Pending appointment of a successor to the Company pursuant to this
Article VII, unless the Trustee is prohibited by law from so acting, the Trustee
shall act in such capacity as hereinabove provided. In connection with such
appointment and assumption, the Trustee may make such arrangements for the
compensation of such successor out of payments on Mortgage Loans as it and such
successor shall agree; provided, however, that no such compensation shall be in
excess of that permitted the Company hereunder. The Trustee and such successor
shall take such action, consistent with this Agreement, as shall be necessary to
effectuate any such succession.
(b) Any successor, including the Trustee, to the Company as servicer
pursuant to this Article VII shall during the term of its service as servicer
maintain in force (i) a policy or policies of insurance covering errors and
omissions in the performance of its obligations as servicer hereunder, and (ii)
a fidelity bond in respect of its officers, employees and agents to the same
extent as the Company is so required pursuant to Section 3.15.
Section 7.03. Notification to Certificateholders. Upon any termination or
appointment of a successor to the Company pursuant to this Article VII, the
Trustee shall give prompt written notice thereof to Certificateholders at their
respective addresses appearing in the Certificate Register.
ARTICLE VIII
THE TRUSTEE
Section 8.01. Duties of Trustee. The Trustee, prior to the occurrence of an
Event of Default and after the curing of all Events of Default which may have
occurred, undertakes to perform such duties and only such duties as are
specifically set forth in this Agreement. If an Event of Default has occurred
(which has not been cured), the Trustee shall exercise such of the rights and
powers vested in it by this Agreement, and use the same degree of care and skill
in their exercise, as a prudent person would exercise or use under the
circumstances in the conduct of his or her own affairs.
The Trustee, upon receipt of all resolutions, certificates, statements,
opinions, reports, documents, orders or other instruments furnished to the
Trustee which are specifically required to be furnished pursuant to any
provision of this Agreement, shall examine them to determine whether they
conform to the requirements of this Agreement.
No provision of this Agreement shall be construed to relieve the Trustee
from liability for its own negligent action, its own negligent failure to act or
its own misconduct; provided, however, that:
(i) Prior to the occurrence of an Event of Default, and after the
curing of all such Events of Default which may have occurred, the duties
and obligations of the Trustee shall be determined solely by the express
provisions of this Agreement, the Trustee shall not be liable except for
the performance of such duties and obligations as are specifically set
forth in this Agreement, no implied covenants or obligations shall be read
into this Agreement against the Trustee and, in the absence of bad faith on
the part of the Trustee, the Trustee may conclusively rely, as to the truth
of the statements and the correctness of the opinions expressed therein,
upon any certificates or opinions furnished to the Trustee and conforming
to the requirements of this Agreement;
(ii) The Trustee shall not be personally liable for an error of
judgment made in good faith by a Responsible Officer of the Trustee, unless
it shall be proved that the Trustee was negligent in performing its duties
in accordance with the terms of this Agreement;
(iii) The Trustee shall not be personally liable with respect to any
action taken, suffered or omitted to be taken by it in good faith in
accordance with the direction of the Holders of Certificates of each Class
affected thereby evidencing, as to each such Class, Percentage Interests
aggregating not less than 25%, relating to the time, method and place of
conducting any proceeding for any remedy available to the Trustee, or
exercising any trust or power conferred upon the Trustee, under this
Agreement; and
(iv) The Trustee shall not be charged with knowledge of (A) any
failure by the Company to comply with the obligations of the Company
referred to in clauses (i) and (ii) of Section 7.01, (B) the rating
downgrade referred to in the definition of "Trigger Event" or (C) any
failure by the Company to comply with the obligations of the Company to
record the assignments of Mortgages referred to in Section 2.01 unless a
Responsible Officer of the Trustee at the Corporate Trust Office obtains
actual knowledge of such failures, occurrence or downgrade or the Trustee
receives written notice of such failures, occurrence or downgrade from the
Company or the Holders of Certificates of each Class affected thereby
evidencing, as to each such Class, Percentage Interests aggregating not
less than 25%.
Subject to any obligation of the Trustee to make Monthly Advances as
provided herein, the Trustee shall not be required to expend or risk its own
funds or otherwise incur financial liability in the performance of any of its
duties hereunder, or in the exercise of any of its rights or powers, if there is
reasonable ground for believing that the repayment of such funds or adequate
indemnity against such risk or liability is not reasonably assured to it, and
none of the provisions contained in this Agreement shall in any event require
the Trustee to perform, or be responsible for the manner of performance of, any
of the obligations of the Company under this Agreement, except during such time,
if any, as the Trustee shall be the successor to, and be vested with the rights,
duties, powers and privileges of, the Company in accordance with the terms of
this Agreement.
Section 8.02. Certain Matters Affecting the Trustee. Except as otherwise
provided in Section 8.01:
(i) The Trustee may conclusively rely and shall be protected in acting
or refraining from acting upon any resolution, Officer's Certificate,
certificate of auditors or any other certificate, statement, instrument,
opinion, report, notice, request, consent, order, appraisal, bond or other
paper or document believed by it to be genuine and to have been signed or
presented by the proper party or parties;
(ii) The Trustee may consult with counsel and any Opinion of Counsel
shall be full and complete authorization and protection in respect of any
action taken or suffered or omitted by it hereunder in good faith and in
accordance with such Opinion of Counsel;
(iii) The Trustee shall be under no obligation to exercise any of the
rights or powers vested in it by this Agreement, or to institute, conduct
or defend any litigation hereunder or in relation hereto, at the request,
order or direction of any of the Certificateholders, pursuant to the
provisions of this Agreement, unless such Certificateholders shall have
offered to the Trustee reasonable security or indemnity against the costs,
expenses and liabilities which may be incurred therein or thereby; nothing
contained herein shall, however, relieve the Trustee of the obligations,
upon the occurrence of an Event of Default (which has not been cured), to
exercise such of the rights and powers vested in it by this Agreement, and
to use the same degree of care and skill in their exercise as a prudent
person would exercise or use under the circumstances in the conduct of his
or her own affairs;
(iv) The Trustee shall not be personally liable for any action taken,
suffered or omitted by it in good faith and believed by it to be authorized
or within the discretion or rights or powers conferred upon it by this
Agreement;
(v) Prior to the occurrence of an Event of Default and after the
curing of all Events of Default which may have occurred, the Trustee shall
not be bound to make any investigation into the facts or matters stated in
any resolution, certificate, statement, instrument, opinion, report,
notice, request, consent, order, approval, bond or other paper or
documents, unless requested in writing so to do by Holders of Certificates
of each Class affected thereby evidencing, as to each such Class,
Percentage Interests aggregating not less than 25%; provided, however, that
if the payment within a reasonable time to the Trustee of the costs,
expenses or liabilities likely to be incurred by it in the making of such
investigation is, in the opinion of the Trustee, not reasonably assured to
the Trustee by the security afforded to it by the terms of this Agreement,
the Trustee may require reasonable indemnity against such cost, expense or
liability as a condition to such proceeding. The reasonable expense of
every such investigation shall be paid by the Company or, if paid by the
Trustee, shall be reimbursed by the Company upon demand. Nothing in this
clause (v) shall derogate from the obligation of the Company to observe any
applicable law prohibiting disclosure of information regarding the
Mortgagors; and
(vi) The Trustee may execute any of the trusts or powers hereunder or
perform any duties hereunder either directly or by or through agents or
attorneys or a custodian.
Section 8.03. Trustee Not Liable for Certificates or Mortgage Loans. The
recitals contained herein and in the Certificates (other than the signature and
countersignature of the Trustee on the Certificates) shall be taken as the
statements of the Company, and the Trustee assumes no responsibility for the
correctness of the same. The Trustee makes no representations as to the validity
or sufficiency of this Agreement or of the Certificates (other than the
signature and countersignature of the Trustee on the Certificates) or of any
Mortgage Loan or related document. The Trustee shall not be accountable for the
use or application by the Company of any of the Certificates or of the proceeds
of such Certificates, or for the use or application of any funds paid to the
Company in respect of the Mortgage Loans or deposited in or withdrawn from the
Certificate Account by the Company.
Section 8.04. Trustee May Own Certificates. The Trustee in its individual
or any other capacity may become the owner or pledgee of Certificates with the
same rights as it would have if it were not Trustee.
Section 8.05. The Company to Pay Trustee's Fees and Expenses. The Company
covenants and agrees to pay to the Trustee from time to time, and the Trustee
shall be entitled to, reasonable compensation (which shall not be limited by any
provision of law in regard to the compensation of a trustee of an express trust)
for all services rendered by it in the execution of the trusts hereby created
and in the exercise and performance of any of the powers and duties hereunder of
the Trustee, and the Company will pay or reimburse the Trustee upon its request
for all reasonable expenses, disbursements and advances (including any Monthly
Advances of the Trustee not previously reimbursed thereto pursuant to Section
3.04) incurred or made by the Trustee in accordance with any of the provisions
of this Agreement (including the reasonable compensation and the expenses and
disbursements of its counsel and of all persons not regularly in its employ)
except any such expense, disbursement or advance as may arise from its
negligence or bad faith or which is the responsibility of Certificateholders
hereunder. In addition, the Company covenants and agrees to indemnify the
Trustee from, and hold it harmless against, any and all losses, liabilities,
damages, claims or expenses other than those resulting from the negligence or
bad faith of the Trustee. From time to time, the Trustee may request that the
Company debit the Mortgage Loan Payment Record pursuant to Section 3.04 to
reimburse the Trustee for any Monthly Advances and Nonrecoverable Advances.
Section 8.06. Eligibility Requirements for Trustee. The Trustee hereunder
shall at all times be a corporation having its principal office either in the
State of New York or in the same state as that in which the initial Trustee
under this Agreement has its principal office and organized and doing business
under the laws of such State or the United States of America, authorized under
such laws to exercise corporate trust powers, having a combined capital and
surplus of at least $50,000,000 and subject to supervision or examination by
federal or state authority. If such corporation publishes reports of condition
at least annually, pursuant to law or to the requirements of the aforesaid
supervising or examining authority, then for the purposes of this Section 8.06,
the combined capital and surplus of such corporation shall be deemed to be its
combined capital and surplus as set forth in its most recent report of condition
so published. The Trustee shall not be an affiliate of the Company. In case at
any time the Trustee shall cease to be eligible in accordance with the
provisions of this Section 8.06, the Trustee shall resign immediately in the
manner and with the effect specified in Section 8.07.
Section 8.07. Resignation or Removal of Trustee. The Trustee may at any
time resign and be discharged from the trusts hereby created by giving written
notice thereof to the Company. Upon receiving such notice of resignation, the
Company shall promptly appoint a successor Trustee by written instrument, in
duplicate, one copy of which instrument shall be delivered to the resigning
Trustee and one copy to the successor Trustee. If no successor Trustee shall
have been so appointed and having accepted appointment within 30 days after the
giving of such notice of resignation, the resigning Trustee may petition any
court of competent jurisdiction for the appointment of a successor Trustee.
If the conditions in any of the following clauses (i), (ii) or (iii) shall
occur at any time, the Company may remove the Trustee: (i) the Trustee shall
cease to be eligible in accordance with the provisions of Section 8.06 and shall
fail to resign after written request therefor by the Company; (ii) the Trustee
shall be legally unable to act, or shall be adjudged a bankrupt or insolvent, or
a receiver of the Trustee or of its property shall be appointed, or any public
officer shall take charge or control of the Trustee or of its property or
affairs for the purpose of rehabilitation, conservation or liquidation; or (iii)
the replacement of the Trustee with a successor Trustee will enable the Company
to avoid (and should, based on the information included in the notice referred
to below, result in the avoidance of) a downgrading of the ratings assigned to
the Certificates by the Rating Agencies (whether or not other actions could
avoid such downgrading) and no Event of Default, as provided by Section 7.01
hereof, shall have occurred or be continuing; provided, however, that no action
shall be taken pursuant to this clause (iii) unless reasonable notice shall have
been provided to the Trustee, which notice shall set forth the basis for any
rating downgrade as contemplated by the Rating Agencies and shall also indicate
the manner in which such proposed action is intended to avoid such downgrade. If
it removes the Trustee under the authority of the immediately preceding
sentence, the Company shall promptly appoint a successor trustee by written
instrument, in duplicate, one copy of which instrument shall be delivered to the
Trustee so removed and one copy to the successor trustee.
Any resignation or removal of the Trustee and appointment of a successor
Trustee pursuant to any of the provisions of this Section 8.07 shall not become
effective until acceptance of appointment by the successor Trustee as provided
in Section 8.08.
Section 8.08. Successor Trustee. Any successor Trustee appointed as
provided in Section 8.07 shall execute, acknowledge and deliver to the Company
and to its predecessor Trustee an instrument accepting such appointment
hereunder, and thereupon the resignation or removal of the predecessor Trustee
shall become effective and such successor Trustee, without any further act, deed
or conveyance, shall become fully vested with all the rights, powers, duties and
obligations of its predecessor hereunder, with like effect as if originally
named as Trustee. The predecessor Trustee shall deliver to the successor Trustee
all Mortgage Files and related documents and statements held by it hereunder;
and the Company and the predecessor Trustee shall execute and deliver such
instruments and do such other things as may reasonably be required for fully and
certainly vesting and confirming in the successor Trustee all such rights,
powers, duties and obligations.
No successor Trustee shall accept appointment as provided in this Section
8.08 unless at the time of such acceptance such successor Trustee shall be
eligible under the provisions of Section 8.06.
Upon acceptance of appointment by a successor Trustee as provided in this
Section 8.08, the Company shall mail notice of the succession of such Trustee
hereunder to all holders of Certificates at their addresses as shown in the
Certificate Register. If the Company fails to mail such notice within 10 days
after acceptance of appointment by the successor Trustee, the successor Trustee
shall cause such notice to be mailed at the expense of the Company.
Section 8.09. Merger or Consolidation of Trustee. Any corporation into
which the Trustee may be merged or converted or with which it may be
consolidated, or any corporation resulting from any merger, conversion or
consolidation to which the Trustee shall be a party, or any corporation
succeeding to the corporate trust business of the Trustee, shall be the
successor of the Trustee hereunder, provided that such corporation shall be
eligible under the provisions of Section 8.06, without the execution or filing
of any paper or any further act on the part of any of the parties hereto,
anything herein to the contrary notwithstanding.
Section 8.10. Appointment of Co-Trustee or Separate Trustee.
Notwithstanding any other provisions of this Agreement, at any time, for the
purpose of meeting any legal requirements of any jurisdiction in which any part
of the Trust Fund or property securing any Mortgage Note may at the time be
located, the Company and the Trustee acting jointly shall have the power and
shall execute and deliver all instruments to appoint one or more Persons
approved by the Trustee to act as co-trustee or co-trustees, jointly with the
Trustee, of all or any part of the Trust Fund, or separate trustee or separate
trustees of any part of the Trust Fund, and to vest in such Person or Persons,
in such capacity and for the benefit of the Certificateholders, such title to
the Trust Fund, or any part thereof, and, subject to the other provisions of
this Section 8.10, such powers, duties, obligations, rights and trusts as the
Company and the Trustee may consider necessary or desirable. If the Company
shall not have joined in such appointment within 15 days after the receipt by it
of a request so to do, or in case an Event of Default shall have occurred and be
continuing, the Trustee alone shall have the power to make such appointment. No
co-trustee or separate trustee hereunder shall be required to meet the terms of
eligibility as a successor trustee under Section 8.06 and no notice to
Certificateholders of the appointment of any co-trustee or separate trustee
shall be required under Section 8.08.
Every separate trustee and co-trustee shall, to the extent permitted by
law, be appointed and act subject to the following provisions and conditions:
(i) All rights, powers, duties and obligations conferred or imposed
upon the Trustee shall be conferred or imposed upon and exercised or
performed by the Trustee and such separate trustee or co-trustee jointly
(it being understood that such separate trustee or co-trustee is not
authorized to act separately without the Trustee joining in such act),
except to the extent that under any law of any jurisdiction in which any
particular act or acts are to be performed (whether as Trustee hereunder or
as successor to the Company hereunder), the Trustee shall be incompetent or
unqualified to perform such act or acts, in which event such rights,
powers, duties and obligations (including the holding of title to the Trust
Fund or any portion thereof in any such jurisdiction) shall be exercised
and performed singly by such separate trustee or co-trustee, but solely at
the direction of the Trustee;
(ii) No trustee hereunder shall be held personally liable by reason of
any act or omission of any other trustee hereunder; and
(iii) The Company and the Trustee acting jointly may at any time
accept the resignation of or remove any separate trustee or co-trustee.
Any notice, request or other writing given to the Trustee shall be deemed
to have been given to each of the then separate trustees and co-trustees, as
effectively as if given to each of them. Every instrument appointing any
separate trustee or co-trustee shall refer to this Agreement and the conditions
of this Article VIII. Each separate trustee and co-trustee, upon its acceptance
of the trusts conferred, shall be vested with the estates or property specified
in its instrument of appointment, either jointly with the Trustee or separately,
as may be provided therein, subject to all the provisions of this Agreement,
specifically including every provision of this Agreement relating to the conduct
of, affecting the liability of, or affording protection to, the Trustee. Every
such instrument shall be filed with the Trustee and a copy thereof given to the
Company.
Any separate trustee or co-trustee may, at any time, constitute the
Trustee, its agent or attorney-in-fact, with full power and authority, to the
extent not prohibited by law, to do any lawful act under or in respect of this
Agreement on its behalf and in its name. If any separate trustee or co-trustee
shall die, become incapable of acting, resign or be removed, all of its estates,
properties, rights, remedies and trusts shall vest in and be exercised by the
Trustee, to the extent permitted by law, without the appointment of a new or
successor trustee.
Section 8.11. Compliance with REMIC Provisions; Tax Returns. The Trustee
shall at all times act in such a manner in the performance of its duties
hereunder as shall be necessary to prevent the Trust Fund from failing to
qualify as a REMIC and to prevent the imposition of a tax on the Trust Fund or
the REMIC established hereunder. The Trustee, upon request, will furnish the
Company with all such information within its possession as may be reasonably
required in connection with the preparation of all tax returns of the Trust Fund
and any Reserve Fund, and shall, upon request, execute such returns.
ARTICLE IX
TERMINATION
Section 9.01. Termination upon Repurchase by the Company or Liquidation of
All Mortgage Loans. Subject to Section 9.02, the respective obligations and
responsibilities of the Company and the Trustee created hereby (other than the
obligation of the Trustee to make certain payments to Certificateholders after
the final Distribution Date and the obligation of the Trustee to send certain
notices as hereinafter set forth) shall terminate upon the last action required
to be taken by the Trustee on the final Distribution Date pursuant to this
Article IX following the earlier of (a) the repurchase by the Company of all
Mortgage Loans and all REO Mortgage Loans remaining in the Trust Fund at a price
equal to the sum of (x) 100% of the unpaid principal balance of each Mortgage
Loan (other than any REO Mortgage Loans described in the following clause) as of
the first day of the month in which such purchase price is to be distributed to
Certificateholders plus accrued and unpaid interest thereon at the applicable
Remittance Rate (less any amounts constituting previously unreimbursed Monthly
Advances) to the first day of the month in which such purchase price is to be
distributed to Certificateholders and (y) the appraised value of any REO
Mortgage Loan (less the good faith estimate of the Company of Liquidation
Expenses to be incurred in connection with its disposal thereof), such appraisal
to be conducted by an appraiser mutually agreed upon by the Company and the
Trustee, and (b) the later of the final payment or other liquidation (or any
Monthly Advance with respect thereto) of the last Mortgage Loan remaining in the
Trust Fund or the disposition of all property acquired upon foreclosure or by
deed in lieu of foreclosure of any Mortgage Loan; provided, however, that in no
event shall the Trust Fund created hereby continue beyond the expiration of 21
years from the death of the last survivor of the descendants of Joseph P.
Kennedy, the late ambassador of the United States of America to the Court of St.
James's, living on the date of this Agreement. The right of the Company to
repurchase all Mortgage Loans pursuant to clause (a) above shall be conditioned
upon the aggregate of the Scheduled Principal Balance of the Outstanding
Mortgage Loans, at the time of any such repurchase, aggregating less than 10
percent of the aggregate of the Scheduled Principal Balance of the Mortgage
Loans as of the Cut-off Date.
Notice of any termination, specifying the Distribution Date upon which the
Certificateholders may surrender their Certificates to the Trustee for payment
of the final distribution and cancellation, shall be given promptly by the
Trustee by letter to Certificateholders mailed not earlier than the 15th day and
not later than the 25th day of the month next preceding the month of such final
distribution specifying (A) the Distribution Date upon which final payment of
the Certificates will be made upon presentation and surrender of the
Certificates at the office of the Trustee therein designated, (B) the amount of
any such final payment and (C) that the Record Date otherwise applicable to such
Distribution Date is not applicable, payments being made only upon presentation
and surrender of the Certificates at the office of the Trustee therein
specified. The Trustee shall give such notice to the Certificate Registrar at
the time such notice is given to Certificateholders. In the event such notice is
given in connection with the exercise by the Company of its right of repurchase,
the Company shall deposit in the Certificate Account not later than 11:00 a.m.
on the Business Day prior to the final Distribution Date in next-day funds an
amount equal to the price described above. Upon presentation and surrender of
the Certificates, the Trustee shall cause to be distributed to
Certificateholders an amount equal to the price calculated as above provided,
any such repurchase being in lieu of the distribution otherwise required to be
made on the Distribution Date upon which the repurchase is effected. Upon
certification to the Trustee by a Servicing Officer following such final
deposit, the Trustee shall promptly release to the Company the Mortgage Files
for the repurchased Mortgage Loans.
On the final Distribution Date, the Trustee shall distribute amounts on
deposit in the Certificate Account and, if applicable, in the Class A7 Interest
Account and Class A13 Interest Account in accordance with the applicable
priorities provided by Section 4.01. Distributions on each Certificate shall be
made on the final Distribution Date in the manner specified in Section 4.02 but
only upon presentation and surrender of the Certificates.
In the event that all of the Certificateholders shall not surrender their
Certificates for cancellation within six months after the date specified in the
above-mentioned written notice, the Trustee shall give a second written notice
to the remaining Certificateholders to surrender their Certificates for
cancellation and receive the final distribution with respect thereto. If within
one year after the second notice all the Certificates shall not have been
surrendered for cancellation, the Trustee may take appropriate steps, or may
appoint an agent to take appropriate steps, to contact the remaining
Certificateholders concerning surrender of their Certificates, and the cost
thereof shall be paid out of the funds and other assets which remain subject
hereto.
Section 9.02. Additional Termination Requirements. (a) In the event the
Company exercises its purchase option as provided in Section 9.01, the Trust
Fund and the REMIC established hereunder shall be terminated in accordance with
the following additional requirements, unless the Trustee has been supplied with
an Opinion of Counsel to the effect that the failure to comply with the
requirements of this Section 9.02 will not (i) result in the imposition of taxes
on "prohibited transactions" of such REMIC as defined in section 860F of the
Code, or (ii) cause the Trust Fund to fail to qualify as a REMIC at any time
that any Certificates are outstanding:
(i) Within 90 days prior to the final Distribution Date set forth in
the notice given by the Trustee under Section 9.01, the Company shall
prepare and the Trustee shall execute and adopt a plan of complete
liquidation for such REMIC within the meaning of section 860F(a)(4)(A)(i)
of the Code, which shall be evidenced by such notice; and
(ii) Within 90 days after the time of adoption of such a plan of
complete liquidation, the Trustee shall sell all of the assets of the Trust
Fund to the Company for cash in accordance with Section 9.01.
(b) By their acceptance of the Residual Certificates, the Holders thereof
hereby authorize the Trustee to adopt such a plan of complete liquidation which
authorization shall be binding on all successor Holders of the Residual
Certificates.
(c) On the final federal income tax return for the REMIC established
hereunder, the Trustee will attach a statement specifying the date of the
adoption of the plan of liquidation.
ARTICLE X
MISCELLANEOUS PROVISIONS
Section 10.01. Amendment. This Agreement may be amended from time to time
by the Company and the Trustee, without the consent of any of the
Certificateholders, to cure any ambiguity, to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein, or to surrender any right or power herein conferred
upon the Company, or to add any other provisions with respect to matters or
questions arising under this Agreement, which shall not be materially
inconsistent with the provisions of this Agreement; provided, however, that such
action shall not, as evidenced by an Opinion of Counsel, adversely affect in any
material respect the interests of any Certificateholder. Notwithstanding the
foregoing, without the consent of the Certificateholders, the Trustee and the
Company may at any time and from time to time amend this Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
or appropriate to maintain the qualification of the Trust Fund as a REMIC under
the Code or to avoid or minimize the risk of the imposition of any tax on the
Trust Fund pursuant to the Code that would be a claim against the Trust Fund at
any time prior to the final redemption of the Certificates, provided that the
Trustee has obtained an opinion of independent counsel (which opinion also shall
be addressed to the Company) to the effect that such action is necessary or
appropriate to maintain such qualification or to avoid or minimize the risk of
the imposition of such a tax.
This Agreement may also be amended from time to time by the Company and the
Trustee with the consent of Holders of Certificates evidencing (i) not less than
66% of the Voting Rights of all the Certificates or (ii) Percentage Interests
aggregating not less than 66% of each Class affected by such amendment, for the
purpose of adding any provisions to or changing in any manner or eliminating any
of the provisions of this Agreement, or of modifying in any manner the rights of
the Holders of Certificates; provided, however, that no such amendment shall (a)
reduce in any manner the amount of, or delay the timing of, collections of
payments on the Mortgage Loans or distributions which are required to be made on
any Certificate without the consent of the Holder of such Certificate, (b)
adversely affect in any material respects the interests of the Holders of any
Class of Certificates in any manner other than as described in (a), without the
consent of the Holders of Certificates evidencing Percentage Interests
aggregating not less than 66% of such Class, or (c) reduce the aforesaid
percentages of Certificates of any Class required to consent to any such
amendment, without the consent of the Holders of all Certificates of such Class
then outstanding. For purposes of this paragraph, references to "Holder" or
"Holders" shall be deemed to include, in the case of any Class of Book-Entry
Certificates, the related Certificate Owners.
Notwithstanding any contrary provision of this Agreement, the Trustee shall
not consent to any amendment to this Agreement unless it shall have first
received an Opinion of Counsel to the effect that such amendment will not
subject the Trust Fund to tax or cause the Trust Fund to fail to qualify as a
REMIC at any time that any Certificates are outstanding.
Promptly after the execution of any such amendment or consent the Trustee
shall furnish written notification of the substance of such amendment to each
Certificateholder.
It shall not be necessary for the consent of Certificateholders under this
Section 10.01 to approve the particular form of any proposed amendment, but it
shall be sufficient if such consent shall approve the substance thereof. The
manner of obtaining such consents and of evidencing the authorization of the
execution thereof by Certificateholders shall be subject to such reasonable
requirements as the Trustee may prescribe.
Section 10.02. Recordation of Agreement. This Agreement is subject to
recordation in all appropriate public offices for real property records in all
the counties or other comparable jurisdictions in which any or all of the
properties subject to the Mortgages are situated, and in any other appropriate
public recording office or elsewhere, such recordation to be effected by the
Company and at its expense on direction by the Trustee, but only upon direction
of the Trustee accompanied by an Opinion of Counsel to the effect that such
recordation materially and beneficially affects the interests of
Certificateholders.
For the purpose of facilitating the recordation of this Agreement as herein
provided and for other purposes, this Agreement may be executed simultaneously
in any number of counterparts, each of which counterparts shall be deemed to be
an original, and such counterparts shall constitute but one and the same
instrument.
Section 10.03. Limitation on Rights of Certificateholders. The death or
incapacity of any Certificateholder shall not operate to terminate this
Agreement or the Trust Fund, nor entitle such Certificateholder's legal
representatives or heirs to claim an accounting or to take any action or
commence any proceeding in any court for a partition or winding up of the Trust
Fund, nor otherwise affect the rights, obligations and liabilities of the
parties hereto or any of them.
No Certificateholder shall have any right to vote (except as provided in
Section 10.01) or in any manner otherwise control the operation and management
of the Trust Fund, or the obligations of the parties hereto, nor shall anything
herein set forth, or contained in the terms of the Certificates, be construed so
as to constitute the Certificateholders from time to time as partners or members
of an association; nor shall any Certificateholder be under any liability to any
third person by reason of any action taken by the parties to this Agreement
pursuant to any provision hereof.
No Certificateholder shall have any right by virtue or by availing itself
of any provisions of this Agreement to institute any suit, action or proceeding
in equity or at law upon or under or with respect to this Agreement, unless such
Holder previously shall have given to the Trustee a written notice of default
and of the continuance thereof, as hereinbefore provided, and unless also the
Holders of Certificates of each Class affected thereby evidencing, as to each
such Class, Percentage Interests aggregating not less than 25% shall have made
written request upon the Trustee to institute such action, suit or proceeding in
its own name as Trustee hereunder and shall have offered to the Trustee such
reasonable indemnity as it may require against the costs, expenses and
liabilities to be incurred therein or thereby, and the Trustee, for 60 days
after its receipt of such notice, request and offer of indemnity, shall have
neglected or refused to institute any such action, suit or proceeding; it being
understood and intended, and being expressly covenanted by each
Certificateholder with every other Certificateholder and the Trustee, that no
one or more Holders of Certificates shall have any right in any manner whatever
by virtue or by availing itself or themselves of any provisions of this
Agreement to affect, disturb or prejudice the rights of the Holders of any other
of the Certificates, or to obtain or seek to obtain priority over or preference
to any other such Holder, or to enforce any right under this Agreement, except
in the manner herein provided and for the equal, ratable and common benefit of
all Certificateholders. For the protection and enforcement of the provisions of
this Section 10.03, each and every Certificateholder and the Trustee shall be
entitled to such relief as can be given either at law or in equity.
Section 10.04. Governing Law. THIS AGREEMENT SHALL BE CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK AND THE OBLIGATIONS, RIGHTS
AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH
SUCH LAWS.
Section 10.05. Notices. All demands, notices and communications hereunder
shall be in writing and shall be deemed to have been duly given if personally
delivered at or mailed by certified mail, return receipt requested, (a) in the
case of the Company, to GE Capital Mortgage Services, Inc., 3 Executive Campus,
Cherry Hill, New Jersey 08002, Attention: General Counsel, (b) in the case of
the Trustee, to State Street Bank and Trust Company, Corporate Trust Department,
225 Franklin Street, Boston, Massachusetts 02110, (c) in the case of Fitch, to
Fitch IBCA, Inc., One State Street Plaza, New York, New York 10004, Attention:
Structured Finance Surveillance, and (d) in the case of S&P, Standard and Poor's
Ratings Services, 26 Broadway, 10th Floor, New York, New York 10004, Attention:
Residential Mortgage Surveillance, or, as to each such Person, at such other
address as shall be designated by such Person in a written notice to each other
named Person. Any notice required or permitted to be mailed to a
Certificateholder shall be given by first class mail, postage prepaid, at the
address of such Holder as shown in the Certificate Register. Any notice so
mailed within the time prescribed in this Agreement shall be conclusively
presumed to have been duly given, whether or not the Certificateholder receives
such notice.
Section 10.06. Notices to the Rating Agencies. The Company shall deliver
written notice of the following events to each Rating Agency promptly following
the occurrence thereof: material amendment to this Agreement; any Event of
Default; any Trigger Event; change in or termination of the Trustee; removal of
the Company or any successor servicer as servicer; repurchase or replacement of
any Defective Mortgage Loan pursuant to Section 2.03; and final payment to
Certificateholders. In addition, the Company shall deliver copies of the
following documents to each Rating Agency at the time such documents are
required to be delivered pursuant to this Agreement: monthly statements to
Certificateholders pursuant to Section 4.05, annual report of independent
accountants pursuant to Section 3.13 and annual servicer compliance report
pursuant to Section 3.12. Notwithstanding the foregoing, the failure to deliver
such notices or copies shall not constitute an Event of Default under this
Agreement.
Section 10.07. Severability of Provisions. If any one or more of the
covenants, agreements, provisions or terms of this Agreement shall be for any
reason whatsoever held invalid, then to the extent permitted by law such
covenants, agreements, provisions or terms shall be deemed severable from the
remaining covenants, agreements, provisions or terms of this Agreement and shall
in no way affect the validity or enforceability of the other provisions of this
Agreement or of the Certificates or the rights of the Holders thereof.
Section 10.08. Certificates Nonassessable and Fully Paid. It is the
intention of the Trustee that Certificateholders shall not be personally liable
for obligations of the Trust Fund, that the beneficial ownership interests
represented by the Certificates shall be nonassessable for any losses or
expenses of the Trust Fund or for any reason whatsoever, and that Certificates
upon execution, countersignature and delivery thereof by the Trustee are and
shall be deemed fully paid.
* * *
<PAGE>
IN WITNESS WHEREOF, the Company and the Trustee have caused this Agreement
to be duly executed by their respective officers and their respective seals,
duly attested, to be hereunto affixed, all as of the day and year first above
written.
GE CAPITAL MORTGAGE SERVICES, INC.
By:___________________________________
Name:
Title:
[SEAL]
Attest:
By:____________________________
Name:
Title:
STATE STREET BANK AND
TRUST COMPANY,
as Trustee
By:___________________________________
Name:
Title:
[SEAL]
Attest:
By:____________________________________
Name:
Title:
<PAGE>
State of New Jersey )
) ss.:
County of Camden )
On the day of January, 1999 before me, a notary public in and for the State
of New Jersey, personally appeared _______________________, known to me who,
being by me duly sworn, did depose and say that he/she resides at
_________________________________________________________; that he/she is a(n)
_________________________ of GE Capital Mortgage Services, Inc., a corporation
formed under the laws of the State of New Jersey, one of the parties that
executed the foregoing instrument; that he/she knows the seal of said
corporation; that the seal affixed to said instrument is such corporate seal;
that it was so affixed by order of the Board of Directors of said corporation;
and that he/she signed his/her name thereto by like order.
----------------------------------
Notary Public
[Notarial Seal]
<PAGE>
The Commonwealth of Massachusetts )
) ss.:
County of Suffolk )
On the day of January, 1999 before me, a notary public in and for the
Commonwealth of Massachusetts, personally appeared ____________________, known
to me who, being by me duly sworn, did depose and say that he/she resides at
_____________________________________________________________; that he/she is
a(n) __________________________________ of State Street Bank and Trust Company,
one of the parties that executed the foregoing instrument; that he/she knows the
seal of said Bank; that the seal affixed to said instrument is such corporate
seal; that it was so affixed by order of the Board of Directors of said Bank;
and that he/she signed his/her name thereto by order of the Board of Directors
of said Bank.
----------------------------------
Notary Public
[Notarial Seal]
<PAGE>
EXHIBIT A
FORMS OF CERTIFICATES
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A1 Certificate
Principal Balance:
Class A1 $67,565,789.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RZH1
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A1 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or
money order mailed to the Person entitled thereto at the address appearing in
the Certificate Register or, upon written request by the Certificateholder, by
such other means of payment as such Person and the Trustee shall agree. Except
as otherwise provided in the Agreement, the final distribution on this
Certificate will be made in the applicable manner described above, after due
notice by the Trustee of the pendency of such distribution and only upon
presentation and surrender of this Certificate at the office or agency
maintained for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of Certificates
designated as REMIC Multi-Class Pass-Through Certificates, Series 1999-1, issued
in twenty-three Classes (Class A1, Class A2, Class A3, Class A4, Class A5, Class
A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class A13,
Class A14, Class A15, Class R, Class PO, Class M, Class B1, Class B2, Class B3,
Class B4 and Class B5, herein called the "Certificates").
The Certificates are limited in right of payment to certain payments on and
collections in respect of the Mortgage Loans, all as more specifically set forth
in the Agreement. The Certificateholder, by its acceptance of this Certificate,
agrees that it will look solely to the funds on deposit in the Certificate
Account for payment hereunder and that the Trustee in its individual capacity is
not personally liable to the Certificateholders for any amount payable under
this Certificate or the Agreement or, except as expressly provided in the
Agreement, subject to any liability under the Agreement.
As provided in the Agreement and with certain exceptions therein provided,
certain losses on the Mortgage Loans resulting from defaults by Mortgagors will
be borne by the Holders of the Class M, Class B1, Class B2, Class B3, Class B4
and Class B5 Certificates before such losses will be borne by the Holders of the
other Classes of the Certificates.
This Certificate does not purport to summarize the Agreement and reference
is made to the Agreement for the interests, rights and limitations of rights,
benefits, obligations and duties evidenced hereby, and the rights, duties and
immunities of the Trustee.
The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Company and the rights of the Certificateholders under the Agreement at any time
by the Company and the Trustee with the consent of the Holders of Certificates
evidencing not less than 66% of all the Voting Rights as defined in the
Agreement. Any such consent by the Holder of this Certificate shall be
conclusive and binding on such Holder and upon all future Holders of this
Certificate and of any Certificate issued upon the transfer hereof or in
exchange herefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Agreement also permits the amendment thereof, in
certain limited circumstances, without the consent of the Holders of any of the
Certificates.
No transfer of any Class M, Class B1, Class B2, Class B3, Class B4 or Class
B5 Certificate which is in the form of a Definitive Certificate shall be made to
any Person unless the Trustee has received (i) a certificate from such
transferee to the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of 1974, as amended
("ERISA") or a plan subject to Section 4975 of the Internal Revenue Code of
1986, as amended ("Section 4975") (a "Plan") or a Person that is using the
assets of a Plan to acquire such Certificate or (y) is an insurance company
investing assets of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Exemption 95-60, 60 Fed.
Reg. 35925 (July 12, 1995) (the "Exemption") applies to such transferee's
acquisition and holding of such Certificate, or (ii) an opinion of counsel
satisfactory to the Trustee, which opinion shall not be an expense of the
Trustee or the Company, to the effect that the purchase and holding of such
Certificate will not constitute or result in the assets of the Trust Fund being
deemed to be "plan assets" and subject to the prohibited transaction provisions
of ERISA or Section 4975 and will not subject the Trustee or the Company to any
obligation in addition to those undertaken in the Agreement; provided, however,
that the Trustee will not require such certificate or opinion in the event that,
as a result of a change of law or otherwise, counsel satisfactory to the Trustee
has rendered an opinion to the effect that the purchase and holding of a Class
M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate by a Plan or a
Person that is purchasing or holding such Certificate with the assets of a Plan
will not constitute or result in a prohibited transaction under ERISA or Section
4975.
No transfer of any Class R Certificate shall be made to any Person unless
the Trustee has received a certificate from such transferee to the effect that,
among other things, such transferee (x) is not an employee benefit plan subject
to ERISA or a Plan or a Person that is using the assets of a Plan to acquire any
such Class R Certificate or (y) is an insurance company investing assets of its
general account and the Exemption applies to such transferee's acquisition and
holding of any such Class R Certificate.
As provided in the Agreement, and subject to certain limitations therein
set forth, the transfer of this Certificate is registerable in the Certificate
Register of the Trustee upon surrender of this Certificate for registration of
transfer at the office or agency maintained by the Trustee in the city in which
the Corporate Trust Office of the Trustee is located or in the City of New York,
accompanied by a written instrument of transfer in form satisfactory to the
Company, the Trustee, and the Certificate Registrar duly executed by the Holder
hereof or such Holder's attorney duly authorized in writing, and thereupon one
or more new Certificates of the same Class of authorized denominations
evidencing the same aggregate Percentage Interest will be issued to the
designated transferee or transferees.
The Certificates are issuable only as registered Certificates without
coupons in denominations specified in the Agreement. As provided in the
Agreement and subject to certain limitations therein set forth, Certificates are
exchangeable for new Certificates of the same Class of authorized denominations
evidencing the same aggregate Percentage Interest as requested by the Holder
surrendering the same.
No service charge will be made for any such registration of transfer or
exchange, but the Trustee may require payment of a sum sufficient to cover any
tax or other governmental charge payable in connection therewith.
The Trustee and the Certificate Registrar and any agent of the Trustee or
the Certificate Registrar may treat the Person in whose name this Certificate is
registered as the owner hereof for all purposes, and neither the Trustee, the
Certificate Registrar nor any such agent shall be affected by any notice to the
contrary.
The obligations and responsibilities created by the Agreement, and the
Trust Fund created thereby shall terminate upon payment to the
Certificateholders, or provision therefor, in accordance with the Agreement
following the earlier of (a) the repurchase by the Company of all Mortgage Loans
and all property acquired in respect of any Mortgage Loan remaining in the Trust
Fund at a price equal to the sum of (x) 100% of the unpaid principal balance of
each Mortgage Loan (other than a Mortgage Loan described in clause (y)) plus
accrued and unpaid interest thereon at the rate provided for in the Agreement
(less any amounts representing previously unreimbursed Monthly Advances) and (y)
the appraised value of any property acquired in respect of a Mortgage Loan
determined as provided in the Agreement, and (b) the later of the final payment
or other liquidation (or any Monthly Advance with respect thereto) of the last
Mortgage Loan remaining in the Trust Fund and the disposition of all property
acquired upon foreclosure or by deed in lieu of foreclosure of any Mortgage
Loan. The right of the Company to repurchase all the Mortgage Loans and property
in respect of Mortgage Loans is subject to the Pool Scheduled Principal Balance
at the time of repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise of such right
will result in early retirement of the Certificates.
Unless this Certificate has been countersigned by the Trustee, by manual
signature, this Certificate shall not be entitled to any benefit under the
Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed under its official seal.
STATE STREET BANK AND TRUST
COMPANY, not in its individual
capacity but solely as Trustee
(SEAL)
By:___________________________
Name:
Title:
Countersigned:
By_______________________
Authorized Signatory of
STATE STREET BANK AND TRUST COMPANY,
not in its individual capacity but
solely as Trustee
Dated:___________________
<PAGE>
ASSIGNMENT
FOR VALUE RECEIVED the undersigned hereby sell(s), assign(s) and
transfer(s) unto
Please insert social security
or other identifying number of assignee
_______________________________________________________________________________
_______________________________________________________________________________
(Please print or typewrite name and address
including postal zip code of assignee)
_______________________________________________________________________________
_______________________________________________________________________________
_______________________________________________________________________________
this Certificate evidencing a Percentage Interest in certain distributions with
respect to the Trust Fund and hereby authorizes the transfer of registration of
such interest to assignee on the Certificate Register of said Trust Fund.
I (we) further direct the Certificate Registrar to issue a new Certificate
of like Class and Percentage Interest, to the above named assignee and deliver
such Certificate to the following address:
Dated: ____________________
_____________________________________
Signature by or on behalf of assignor
_____________________________
*Signature Guaranteed*
*The signature hereon must be guaranteed by a bank, trust company or broker of
the signatory who is a member of a signature guarantee medallion program.
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A2 Certificate
Principal Balance:
Class A2 $571,282,002.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RZJ7
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A2 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A3 Certificate
Principal Balance:
Class A3 $1,400,000.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RZK4
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A3 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A4 Certificate
Principal Balance:
Class A4 $8,341,146.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RZL2
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A4 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A5 Certificate
Principal Balance:
Class A5 $7,568,854.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RZM0
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A5 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A6 Certificate
Principal Balance:
Class A6 $3,500,000.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RZN8
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A6 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A7 Certificate
Principal Balance:
Class A7 $2,100,000.00
Certificate Interest Initial Certificate Principal
Rate per annum: variable
Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RZP3
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A7 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A8 Certificate
Principal Balance:
Class A8 $1,400,000.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RZQ1
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A8 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A9 Certificate
Principal Balance:
Class A9 $1,400,000.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RZR9
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A9 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A10 Certificate
Principal Balance:
Class A10 $1,400,000.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RZS7
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A10 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A11 Certificate
Principal Balance:
Class A11 $1,400,000.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RZT5
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A11 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A12 Certificate
Principal Balance:
Class A12 $3,000,000.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RZU2
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A12 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A13 Certificate
Principal Balance:
Class A13 $3,300,000.00
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RZV0
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A13 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A14 Certificate
Principal Balance:
Class A14 $1,000,000.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RZW8
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A14 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A15 Certificate
Principal Balance:
Class A15 $1,000,000.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RZX6
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A15 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION 5.02 OF THE
AGREEMENT.
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS THE "RESIDUAL
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT" ("REMIC") AS THOSE
TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(2) AND 860D OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE"). A TRANSFEREE OF THIS CERTIFICATE,
BY ACCEPTANCE HEREOF, IS DEEMED TO HAVE ACCEPTED THIS CERTIFICATE SUBJECT TO
CERTAIN RESTRICTIONS ON TRANSFERABILITY AS SET FORTH IN THE AGREEMENT, AND SHALL
BE REQUIRED TO FURNISH AN AFFIDAVIT TO THE TRANSFEROR AND THE TRUSTEE TO THE
EFFECT THAT IT IS NOT A DISQUALIFIED ORGANIZATION, AS SUCH TERM IS DEFINED IN
CODE SECTION 860E(e)(5), AN AGENT (INCLUDING A BROKER, NOMINEE OR OTHER
MIDDLEMAN) FOR SUCH DISQUALIFIED ORGANIZATION, OR AN ENTITY THAT HOLDS REMIC
RESIDUAL SECURITIES AS NOMINEE TO FACILITATE THE CLEARANCE AND SETTLEMENT OF
SUCH SECURITIES THROUGH BOOK-ENTRY CHANGES IN ACCOUNTS OF PARTICIPATING
ORGANIZATIONS (A "BOOK-ENTRY NOMINEE") AND TO HAVE AGREED TO SUCH AMENDMENTS TO
THE AGREEMENT AS MAY BE REQUIRED TO FURTHER EFFECTUATE THE RESTRICTIONS ON
TRANSFERS TO DISQUALIFIED ORGANIZATIONS, AGENTS THEREOF OR BOOK-ENTRY NOMINEES.
THE HOLDER OF THIS CLASS R CERTIFICATE, BY ACCEPTANCE HEREOF, IS DEEMED TO HAVE
IRREVOCABLY APPOINTED THE COMPANY (AS DEFINED HEREIN) AS ITS AGENT AND
ATTORNEY-IN-FACT TO ACT AS "TAX MATTERS PERSON" OF THE REMIC TO PERFORM THE
FUNCTIONS OF A "TAX MATTERS PARTNER" FOR PURPOSES OF SUBCHAPTER C OF CHAPTER 63
OF SUBTITLE F OF THE CODE, WITH RESPECT TO THE TRUST FUND.
<PAGE>
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY DISQUALIFIED
ORGANIZATION, BOOK-ENTRY NOMINEE OR NON-PERMITTED FOREIGN HOLDER, AS DEFINED IN
THE AGREEMENT OR TO ANY EMPLOYEE BENEFIT PLAN SUBJECT TO THE EMPLOYEE RETIREMENT
INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA") OR A PLAN SUBJECT TO SECTION
4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED ("SECTION 4975") (A
"PLAN") OR A PERSON THAT IS USING THE ASSETS OF A PLAN TO ACQUIRE THIS
CERTIFICATE, EXCEPT AS DESCRIBED HEREIN. THE TRANSFER OF THIS CERTIFICATE IS
SUBJECT TO CERTAIN OTHER RESTRICTIONS AS SET FORTH HEREIN.
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class R Certificate
Principal Balance:
Class R $100.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RZY4
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
R Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or
money order mailed to the Person entitled thereto at the address appearing in
the Certificate Register or, upon written request by the Certificateholder, by
such other means of payment as such Person and the Trustee shall agree. Except
as otherwise provided in the Agreement, the final distribution on this
Certificate will be made in the applicable manner described above, after due
notice by the Trustee of the pendency of such distribution and only upon
presentation and surrender of this Certificate at the office or agency
maintained for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of Certificates
designated as REMIC Multi-Class Pass-Through Certificates, Series 1999-1, issued
in twenty-three Classes (Class A1, Class A2, Class A3, Class A4, Class A5, Class
A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class A13,
Class A14, Class A15, Class R, Class PO, Class M, Class B1, Class B2, Class B3,
Class B4 and Class B5, herein called the "Certificates").
The Certificates are limited in right of payment to certain payments on and
collections in respect of the Mortgage Loans, all as more specifically set forth
in the Agreement. The Certificateholder, by its acceptance of this Certificate,
agrees that it will look solely to the funds on deposit in the Certificate
Account for payment hereunder and that the Trustee in its individual capacity is
not personally liable to the Certificateholders for any amount payable under
this Certificate or the Agreement or, except as expressly provided in the
Agreement, subject to any liability under the Agreement.
As provided in the Agreement and with certain exceptions therein provided,
certain losses on the Mortgage Loans resulting from defaults by Mortgagors will
be borne by the Holders of the Class M, Class B1, Class B2, Class B3, Class B4
and Class B5 Certificates before such losses will be borne by the Holders of the
other Classes of the Certificates.
This Certificate does not purport to summarize the Agreement and reference
is made to the Agreement for the interests, rights and limitations of rights,
benefits, obligations and duties evidenced hereby, and the rights, duties and
immunities of the Trustee.
The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Company and the rights of the Certificateholders under the Agreement at any time
by the Company and the Trustee with the consent of the Holders of Certificates
evidencing not less than 66% of all the Voting Rights as defined in the
Agreement. Any such consent by the Holder of this Certificate shall be
conclusive and binding on such Holder and upon all future Holders of this
Certificate and of any Certificate issued upon the transfer hereof or in
exchange herefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Agreement also permits the amendment thereof, in
certain limited circumstances, without the consent of the Holders of any of the
Certificates.
No transfer of any Class M, Class B1, Class B2, Class B3, Class B4 or Class
B5 Certificate which is in the form of a Definitive Certificate shall be made to
any Person unless the Trustee has received (i) a certificate from such
transferee to the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of 1974, as amended
("ERISA") or a plan subject to Section 4975 of the Internal Revenue Code of
1986, as amended ("Section 4975") (a "Plan") or a Person that is using the
assets of a Plan to acquire such Certificate or (y) is an insurance company
investing assets of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Exemption 95-60, 60 Fed.
Reg. 35925 (July 12, 1995) (the "Exemption") applies to such transferee's
acquisition and holding of such Certificate, or (ii) an opinion of counsel
satisfactory to the Trustee, which opinion shall not be an expense of the
Trustee or the Company, to the effect that the purchase and holding of such
Certificate will not constitute or result in the assets of the Trust Fund being
deemed to be "plan assets" and subject to the prohibited transaction provisions
of ERISA or Section 4975 and will not subject the Trustee or the Company to any
obligation in addition to those undertaken in the Agreement; provided, however,
that the Trustee will not require such certificate or opinion in the event that,
as a result of a change of law or otherwise, counsel satisfactory to the Trustee
has rendered an opinion to the effect that the purchase and holding of a Class
M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate by a Plan or a
Person that is purchasing or holding such Certificate with the assets of a Plan
will not constitute or result in a prohibited transaction under ERISA or Section
4975.
No transfer of any Class R Certificate shall be made to any Person unless
the Trustee has received a certificate from such transferee to the effect that,
among other things, such transferee (x) is not an employee benefit plan subject
to ERISA or a Plan or a Person that is using the assets of a Plan to acquire any
such Class R Certificate or (y) is an insurance company investing assets of its
general account and the Exemption applies to such transferee's acquisition and
holding of any such Class R Certificate.
As provided in the Agreement, and subject to certain limitations therein
set forth, the transfer of this Certificate is registerable in the Certificate
Register of the Trustee upon surrender of this Certificate for registration of
transfer at the office or agency maintained by the Trustee in the city in which
the Corporate Trust Office of the Trustee is located or in the City of New York,
accompanied by a written instrument of transfer in form satisfactory to the
Company, the Trustee, and the Certificate Registrar duly executed by the Holder
hereof or such Holder's attorney duly authorized in writing, and thereupon one
or more new Certificates of the same Class of authorized denominations
evidencing the same aggregate Percentage Interest will be issued to the
designated transferee or transferees.
The Certificates are issuable only as registered Certificates without
coupons in denominations specified in the Agreement. As provided in the
Agreement and subject to certain limitations therein set forth, Certificates are
exchangeable for new Certificates of the same Class of authorized denominations
evidencing the same aggregate Percentage Interest as requested by the Holder
surrendering the same.
No service charge will be made for any such registration of transfer or
exchange, but the Trustee may require payment of a sum sufficient to cover any
tax or other governmental charge payable in connection therewith.
The Trustee and the Certificate Registrar and any agent of the Trustee or
the Certificate Registrar may treat the Person in whose name this Certificate is
registered as the owner hereof for all purposes, and neither the Trustee, the
Certificate Registrar nor any such agent shall be affected by any notice to the
contrary.
The obligations and responsibilities created by the Agreement, and the
Trust Fund created thereby shall terminate upon payment to the
Certificateholders, or provision therefor, in accordance with the Agreement
following the earlier of (a) the repurchase by the Company of all Mortgage Loans
and all property acquired in respect of any Mortgage Loan remaining in the Trust
Fund at a price equal to the sum of (x) 100% of the unpaid principal balance of
each Mortgage Loan (other than a Mortgage Loan described in clause (y)) plus
accrued and unpaid interest thereon at the rate provided for in the Agreement
(less any amounts representing previously unreimbursed Monthly Advances) and (y)
the appraised value of any property acquired in respect of a Mortgage Loan
determined as provided in the Agreement, and (b) the later of the final payment
or other liquidation (or any Monthly Advance with respect thereto) of the last
Mortgage Loan remaining in the Trust Fund and the disposition of all property
acquired upon foreclosure or by deed in lieu of foreclosure of any Mortgage
Loan. The right of the Company to repurchase all the Mortgage Loans and property
in respect of Mortgage Loans is subject to the Pool Scheduled Principal Balance
at the time of repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise of such right
will result in early retirement of the Certificates.
Unless this Certificate has been countersigned by the Trustee, by manual
signature, this Certificate shall not be entitled to any benefit under the
Agreement or be valid for any purpose.
<PAGE>
10
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed under its official seal.
STATE STREET BANK AND TRUST
COMPANY, not in its individual
capacity but solely as Trustee
(SEAL)
By:___________________________
Name:
Title:
Countersigned:
By_______________________
Authorized Signatory of
STATE STREET BANK AND TRUST COMPANY,
not in its individual capacity but
solely as Trustee
Dated:___________________
<PAGE>
ASSIGNMENT
FOR VALUE RECEIVED the undersigned hereby sell(s), assign(s) and
transfer(s) unto
Please insert social security
or other identifying number of assignee
_______________________________________________________________________________
_______________________________________________________________________________
(Please print or typewrite name and address
including postal zip code of assignee)
_______________________________________________________________________________
this Certificate evidencing a Percentage Interest in certain distributions with
respect to the Trust Fund and hereby authorizes the transfer of registration of
such interest to assignee on the Certificate Register of said Trust Fund.
I (we) further direct the Certificate Registrar to issue a new Certificate
of like Class and Percentage Interest, to the above named assignee and deliver
such Certificate to the following address:
_______________________________________________________________________________
_______________________________________________________________________________
_______________________________________________________________________________
Dated:_________________
_____________________________________
Signature by or on behalf of assignor
___________________________
*Signature Guaranteed*
*The signature hereon must be guaranteed by a bank, trust company or
broker of the signatory who is a member of a signature guarantee
medallion program.
<PAGE>
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF DISTRIBUTION TO CERTAIN CLASSES OF
THE CERTIFICATES AS SET FORTH HEREIN AND IN THE AGREEMENT REFERRED TO HEREIN.
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION 5.02 OF THE
AGREEMENT.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY EMPLOYEE BENEFIT
PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED
("ERISA") OR A PLAN SUBJECT TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED ("SECTION 4975") (A "PLAN") OR A PERSON THAT IS USING THE
ASSETS OF A PLAN TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED HEREIN. THE
TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN OTHER RESTRICTIONS AS SET
FORTH HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class M Certificate
Principal Balance:
Class M $13,039,528.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RZZ1
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
M Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or
money order mailed to the Person entitled thereto at the address appearing in
the Certificate Register or, upon written request by the Certificateholder, by
such other means of payment as such Person and the Trustee shall agree. Except
as otherwise provided in the Agreement, the final distribution on this
Certificate will be made in the applicable manner described above, after due
notice by the Trustee of the pendency of such distribution and only upon
presentation and surrender of this Certificate at the office or agency
maintained for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of Certificates
designated as REMIC Multi-Class Pass-Through Certificates, Series 1999-1, issued
in twenty-three Classes (Class A1, Class A2, Class A3, Class A4, Class A5, Class
A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class A13,
Class A14, Class A15, Class R, Class PO, Class M, Class B1, Class B2, Class B3,
Class B4 and Class B5, herein called the "Certificates").
The Certificates are limited in right of payment to certain payments on and
collections in respect of the Mortgage Loans, all as more specifically set forth
in the Agreement. The Certificateholder, by its acceptance of this Certificate,
agrees that it will look solely to the funds on deposit in the Certificate
Account for payment hereunder and that the Trustee in its individual capacity is
not personally liable to the Certificateholders for any amount payable under
this Certificate or the Agreement or, except as expressly provided in the
Agreement, subject to any liability under the Agreement.
As provided in the Agreement and with certain exceptions therein provided,
certain losses on the Mortgage Loans resulting from defaults by Mortgagors will
be borne by the Holders of the Class M, Class B1, Class B2, Class B3, Class B4
and Class B5 Certificates before such losses will be borne by the Holders of the
other Classes of the Certificates.
This Certificate does not purport to summarize the Agreement and reference
is made to the Agreement for the interests, rights and limitations of rights,
benefits, obligations and duties evidenced hereby, and the rights, duties and
immunities of the Trustee.
The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Company and the rights of the Certificateholders under the Agreement at any time
by the Company and the Trustee with the consent of the Holders of Certificates
evidencing not less than 66% of all the Voting Rights as defined in the
Agreement. Any such consent by the Holder of this Certificate shall be
conclusive and binding on such Holder and upon all future Holders of this
Certificate and of any Certificate issued upon the transfer hereof or in
exchange herefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Agreement also permits the amendment thereof, in
certain limited circumstances, without the consent of the Holders of any of the
Certificates.
No transfer of any Class M, Class B1, Class B2, Class B3, Class B4 or Class
B5 Certificate which is in the form of a Definitive Certificate shall be made to
any Person unless the Trustee has received (i) a certificate from such
transferee to the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of 1974, as amended
("ERISA") or a plan subject to Section 4975 of the Internal Revenue Code of
1986, as amended ("Section 4975") (a "Plan") or a Person that is using the
assets of a Plan to acquire such Certificate or (y) is an insurance company
investing assets of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Exemption 95-60, 60 Fed.
Reg. 35925 (July 12, 1995) (the "Exemption") applies to such transferee's
acquisition and holding of such Certificate, or (ii) an opinion of counsel
satisfactory to the Trustee, which opinion shall not be an expense of the
Trustee or the Company, to the effect that the purchase and holding of such
Certificate will not constitute or result in the assets of the Trust Fund being
deemed to be "plan assets" and subject to the prohibited transaction provisions
of ERISA or Section 4975 and will not subject the Trustee or the Company to any
obligation in addition to those undertaken in the Agreement; provided, however,
that the Trustee will not require such certificate or opinion in the event that,
as a result of a change of law or otherwise, counsel satisfactory to the Trustee
has rendered an opinion to the effect that the purchase and holding of a Class
M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate by a Plan or a
Person that is purchasing or holding such Certificate with the assets of a Plan
will not constitute or result in a prohibited transaction under ERISA or Section
4975.
No transfer of any Class R Certificate shall be made to any Person unless
the Trustee has received a certificate from such transferee to the effect that,
among other things, such transferee (x) is not an employee benefit plan subject
to ERISA or a Plan or a Person that is using the assets of a Plan to acquire any
such Class R Certificate or (y) is an insurance company investing assets of its
general account and the Exemption applies to such transferee's acquisition and
holding of any such Class R Certificate.
As provided in the Agreement, and subject to certain limitations therein
set forth, the transfer of this Certificate is registerable in the Certificate
Register of the Trustee upon surrender of this Certificate for registration of
transfer at the office or agency maintained by the Trustee in the city in which
the Corporate Trust Office of the Trustee is located or in the City of New York,
accompanied by a written instrument of transfer in form satisfactory to the
Company, the Trustee, and the Certificate Registrar duly executed by the Holder
hereof or such Holder's attorney duly authorized in writing, and thereupon one
or more new Certificates of the same Class of authorized denominations
evidencing the same aggregate Percentage Interest will be issued to the
designated transferee or transferees.
The Certificates are issuable only as registered Certificates without
coupons in denominations specified in the Agreement. As provided in the
Agreement and subject to certain limitations therein set forth, Certificates are
exchangeable for new Certificates of the same Class of authorized denominations
evidencing the same aggregate Percentage Interest as requested by the Holder
surrendering the same.
No service charge will be made for any such registration of transfer or
exchange, but the Trustee may require payment of a sum sufficient to cover any
tax or other governmental charge payable in connection therewith.
The Trustee and the Certificate Registrar and any agent of the Trustee or
the Certificate Registrar may treat the Person in whose name this Certificate is
registered as the owner hereof for all purposes, and neither the Trustee, the
Certificate Registrar nor any such agent shall be affected by any notice to the
contrary.
The obligations and responsibilities created by the Agreement, and the
Trust Fund created thereby shall terminate upon payment to the
Certificateholders, or provision therefor, in accordance with the Agreement
following the earlier of (a) the repurchase by the Company of all Mortgage Loans
and all property acquired in respect of any Mortgage Loan remaining in the Trust
Fund at a price equal to the sum of (x) 100% of the unpaid principal balance of
each Mortgage Loan (other than a Mortgage Loan described in clause (y)) plus
accrued and unpaid interest thereon at the rate provided for in the Agreement
(less any amounts representing previously unreimbursed Monthly Advances) and (y)
the appraised value of any property acquired in respect of a Mortgage Loan
determined as provided in the Agreement, and (b) the later of the final payment
or other liquidation (or any Monthly Advance with respect thereto) of the last
Mortgage Loan remaining in the Trust Fund and the disposition of all property
acquired upon foreclosure or by deed in lieu of foreclosure of any Mortgage
Loan. The right of the Company to repurchase all the Mortgage Loans and property
in respect of Mortgage Loans is subject to the Pool Scheduled Principal Balance
at the time of repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise of such right
will result in early retirement of the Certificates.
Unless this Certificate has been countersigned by the Trustee, by manual
signature, this Certificate shall not be entitled to any benefit under the
Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed under its official seal.
STATE STREET BANK AND TRUST
COMPANY, not in its individual
capacity but solely as Trustee
(SEAL)
By:___________________________
Name:
Title:
Countersigned:
By_______________________
Authorized Signatory of
STATE STREET BANK AND TRUST COMPANY,
not in its individual capacity but
solely as Trustee
Dated:___________________
<PAGE>
ASSIGNMENT
FOR VALUE RECEIVED the undersigned hereby sell(s), assign(s) and
transfer(s) unto
Please insert social security
or other identifying number of assignee
_______________________________________________________________________________
_______________________________________________________________________________
(Please print or typewrite name and address
including postal zip code of assignee)
_______________________________________________________________________________
this Certificate evidencing a Percentage Interest in certain distributions with
respect to the Trust Fund and hereby authorizes the transfer of registration of
such interest to assignee on the Certificate Register of said Trust Fund.
I (we) further direct the Certificate Registrar to issue a new Certificate
of like Class and Percentage Interest, to the above named assignee and deliver
such Certificate to the following address:
_______________________________________________________________________________
_______________________________________________________________________________
_______________________________________________________________________________
Dated:___________________
_____________________________________
Signature by or on behalf of assignor
__________________________
*Signature Guaranteed*
*The signature hereon must be guaranteed by a bank, trust company or broker of
the signatory who is a member of a signature guarantee medallion program.
<PAGE>
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF DISTRIBUTION TO CERTAIN CLASSES OF
THE CERTIFICATES AS SET FORTH HEREIN AND IN THE AGREEMENT REFERRED TO HEREIN.
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION 5.02 OF THE
AGREEMENT.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY EMPLOYEE BENEFIT
PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED
("ERISA") OR A PLAN SUBJECT TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED ("SECTION 4975") (A "PLAN") OR A PERSON THAT IS USING THE
ASSETS OF A PLAN TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED HEREIN. THE
TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN OTHER RESTRICTIONS AS SET
FORTH HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B1 Certificate
Principal Balance:
Class B1 $5,638,715.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RA21
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
B1 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on
<PAGE>
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF DISTRIBUTION TO CERTAIN CLASSES OF
THE CERTIFICATES AS SET FORTH HEREIN AND IN THE AGREEMENT REFERRED TO HEREIN.
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION 5.02 OF THE
AGREEMENT.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY EMPLOYEE BENEFIT
PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED
("ERISA") OR A PLAN SUBJECT TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED ("SECTION 4975") (A "PLAN") OR A PERSON THAT IS USING THE
ASSETS OF A PLAN TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED HEREIN. THE
TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN OTHER RESTRICTIONS AS SET
FORTH HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B2 Certificate
Principal Balance:
Class B2 $3,171,777.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RA39
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
B2 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on
<PAGE>
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF DISTRIBUTION TO CERTAIN CLASSES OF
THE CERTIFICATES AS SET FORTH HEREIN AND IN THE AGREEMENT REFERRED TO HEREIN.
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR THE SECURITIES LAWS OF ANY
STATE OF THE UNITED STATES ("BLUE SKY LAWS"), AND SUCH CERTIFICATE MAY NOT BE
OFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT (A) TO A PERSON WHOM
THE SELLER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE
MEANING OF RULE 144A UNDER THE SECURITIES ACT IN A TRANSACTION MEETING THE
REQUIREMENTS OF RULE 144A, (B) PURSUANT TO AN EXEMPTION FROM REGISTRATION
PROVIDED BY RULE 144 UNDER THE SECURITIES ACT (IF AVAILABLE) OR (C) TO AN
INSTITUTIONAL ACCREDITED INVESTOR AS DEFINED IN RULE 501(a)(1), (2), (3) OR (7)
OF REGULATION D UNDER THE SECURITIES ACT, IN EACH CASE IN A TRANSACTION EXEMPT
FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH
ANY APPLICABLE BLUE SKY LAWS. NO REPRESENTATION IS MADE AS TO THE AVAILABILITY
OF THE EXEMPTION PROVIDED BY RULE 144 FOR RESALES OF THIS CERTIFICATE.
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION 5.02 OF THE
AGREEMENT.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY EMPLOYEE BENEFIT
PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED
("ERISA") OR A PLAN SUBJECT TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED ("SECTION 4975") (A "PLAN") OR A PERSON THAT IS USING THE
ASSETS OF A PLAN TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED HEREIN. THE
TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN OTHER RESTRICTIONS AS SET
FORTH HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B3 Certificate
Principal Balance:
Class B3 $3,171,777.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RA47
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
B3 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or
money order mailed to the Person entitled thereto at the address appearing in
the Certificate Register or, upon written request by the Certificateholder, by
such other means of payment as such Person and the Trustee shall agree. Except
as otherwise provided in the Agreement, the final distribution on this
Certificate will be made in the applicable manner described above, after due
notice by the Trustee of the pendency of such distribution and only upon
presentation and surrender of this Certificate at the office or agency
maintained for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of Certificates
designated as REMIC Multi-Class Pass-Through Certificates, Series 1999-1, issued
in twenty-three Classes (Class A1, Class A2, Class A3, Class A4, Class A5, Class
A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class A13,
Class A14, Class A15, Class R, Class PO, Class M, Class B1, Class B2, Class B3,
Class B4 and Class B5, herein called the "Certificates").
The Certificates are limited in right of payment to certain payments on and
collections in respect of the Mortgage Loans, all as more specifically set forth
in the Agreement. The Certificateholder, by its acceptance of this Certificate,
agrees that it will look solely to the funds on deposit in the Certificate
Account for payment hereunder and that the Trustee in its individual capacity is
not personally liable to the Certificateholders for any amount payable under
this Certificate or the Agreement or, except as expressly provided in the
Agreement, subject to any liability under the Agreement.
As provided in the Agreement and with certain exceptions therein provided,
certain losses on the Mortgage Loans resulting from defaults by Mortgagors will
be borne by the Holders of the Class M, Class B1, Class B2, Class B3, Class B4
and Class B5 Certificates before such losses will be borne by the Holders of the
other Classes of the Certificates.
This Certificate does not purport to summarize the Agreement and reference
is made to the Agreement for the interests, rights and limitations of rights,
benefits, obligations and duties evidenced hereby, and the rights, duties and
immunities of the Trustee.
The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Company and the rights of the Certificateholders under the Agreement at any time
by the Company and the Trustee with the consent of the Holders of Certificates
evidencing not less than 66% of all the Voting Rights as defined in the
Agreement. Any such consent by the Holder of this Certificate shall be
conclusive and binding on such Holder and upon all future Holders of this
Certificate and of any Certificate issued upon the transfer hereof or in
exchange herefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Agreement also permits the amendment thereof, in
certain limited circumstances, without the consent of the Holders of any of the
Certificates.
No transfer of any Class M, Class B1, Class B2, Class B3, Class B4 or Class
B5 Certificate which is in the form of a Definitive Certificate shall be made to
any Person unless the Trustee has received (i) a certificate from such
transferee to the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of 1974, as amended
("ERISA") or a plan subject to Section 4975 of the Internal Revenue Code of
1986, as amended ("Section 4975") (a "Plan") or a Person that is using the
assets of a Plan to acquire such Certificate or (y) is an insurance company
investing assets of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Exemption 95-60, 60 Fed.
Reg. 35925 (July 12, 1995) (the "Exemption") applies to such transferee's
acquisition and holding of such Certificate, or (ii) an opinion of counsel
satisfactory to the Trustee, which opinion shall not be an expense of the
Trustee or the Company, to the effect that the purchase and holding of such
Certificate will not constitute or result in the assets of the Trust Fund being
deemed to be "plan assets" and subject to the prohibited transaction provisions
of ERISA or Section 4975 and will not subject the Trustee or the Company to any
obligation in addition to those undertaken in the Agreement; provided, however,
that the Trustee will not require such certificate or opinion in the event that,
as a result of a change of law or otherwise, counsel satisfactory to the Trustee
has rendered an opinion to the effect that the purchase and holding of a Class
M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate by a Plan or a
Person that is purchasing or holding such Certificate with the assets of a Plan
will not constitute or result in a prohibited transaction under ERISA or Section
4975.
No transfer of any Class R Certificate shall be made to any Person unless
the Trustee has received a certificate from such transferee to the effect that,
among other things, such transferee (x) is not an employee benefit plan subject
to ERISA or a Plan or a Person that is using the assets of a Plan to acquire any
such Class R Certificate or (y) is an insurance company investing assets of its
general account and the Exemption applies to such transferee's acquisition and
holding of any such Class R Certificate.
As provided in the Agreement, and subject to certain limitations therein
set forth, the transfer of this Certificate is registerable in the Certificate
Register of the Trustee upon surrender of this Certificate for registration of
transfer at the office or agency maintained by the Trustee in the city in which
the Corporate Trust Office of the Trustee is located or in the City of New York,
accompanied by a written instrument of transfer in form satisfactory to the
Company, the Trustee, and the Certificate Registrar duly executed by the Holder
hereof or such Holder's attorney duly authorized in writing, and thereupon one
or more new Certificates of the same Class of authorized denominations
evidencing the same aggregate Percentage Interest will be issued to the
designated transferee or transferees.
The Certificates are issuable only as registered Certificates without
coupons in denominations specified in the Agreement. As provided in the
Agreement and subject to certain limitations therein set forth, Certificates are
exchangeable for new Certificates of the same Class of authorized denominations
evidencing the same aggregate Percentage Interest as requested by the Holder
surrendering the same.
No service charge will be made for any such registration of transfer or
exchange, but the Trustee may require payment of a sum sufficient to cover any
tax or other governmental charge payable in connection therewith.
The Trustee and the Certificate Registrar and any agent of the Trustee or
the Certificate Registrar may treat the Person in whose name this Certificate is
registered as the owner hereof for all purposes, and neither the Trustee, the
Certificate Registrar nor any such agent shall be affected by any notice to the
contrary.
The obligations and responsibilities created by the Agreement, and the
Trust Fund created thereby shall terminate upon payment to the
Certificateholders, or provision therefor, in accordance with the Agreement
following the earlier of (a) the repurchase by the Company of all Mortgage Loans
and all property acquired in respect of any Mortgage Loan remaining in the Trust
Fund at a price equal to the sum of (x) 100% of the unpaid principal balance of
each Mortgage Loan (other than a Mortgage Loan described in clause (y)) plus
accrued and unpaid interest thereon at the rate provided for in the Agreement
(less any amounts representing previously unreimbursed Monthly Advances) and (y)
the appraised value of any property acquired in respect of a Mortgage Loan
determined as provided in the Agreement, and (b) the later of the final payment
or other liquidation (or any Monthly Advance with respect thereto) of the last
Mortgage Loan remaining in the Trust Fund and the disposition of all property
acquired upon foreclosure or by deed in lieu of foreclosure of any Mortgage
Loan. The right of the Company to repurchase all the Mortgage Loans and property
in respect of Mortgage Loans is subject to the Pool Scheduled Principal Balance
at the time of repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise of such right
will result in early retirement of the Certificates.
Unless this Certificate has been countersigned by the Trustee, by manual
signature, this Certificate shall not be entitled to any benefit under the
Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed under its official seal.
STATE STREET BANK AND TRUST
COMPANY, not in its individual
capacity but solely as Trustee
(SEAL)
By:___________________________
Name:
Title:
Countersigned:
By_______________________
Authorized Signatory of
STATE STREET BANK AND TRUST COMPANY,
not in its individual capacity but
solely as Trustee
Dated:___________________
<PAGE>
ASSIGNMENT
FOR VALUE RECEIVED the undersigned hereby sell(s), assign(s) and
transfer(s) unto
Please insert social security
or other identifying number of assignee
_______________________________________________________________________________
_______________________________________________________________________________
(Please print or typewrite name and address
including postal zip code of assignee)
_______________________________________________________________________________
this Certificate evidencing a Percentage Interest in certain distributions with
respect to the Trust Fund and hereby authorizes the transfer of registration of
such interest to assignee on the Certificate Register of said Trust Fund.
I (we) further direct the Certificate Registrar to issue a new Certificate
of like Class and Percentage Interest, to the above named assignee and deliver
such Certificate to the following address:
_______________________________________________________________________________
_______________________________________________________________________________
_______________________________________________________________________________
Dated:________________________________
_____________________________________
Signature by or on behalf of assignor
______________________________
*Signature Guaranteed*
*The signature hereon must be guaranteed by a bank, trust company or broker of
the signatory who is a member of a signature guarantee medallion program.
<PAGE>
In connection with any transfer of this Certificate, the undersigned
registered holder hereof confirms that without utilizing any general
solicitation or general advertising:
(Check One) -
|_| (a) This Certificate is being transferred by
the undersigned to a person whom the
undersigned reasonably believes is a
"qualified institutional buyer" (as defined
in Rule 144A under the Securities Act of
1933, as amended) pursuant to the exemption
from registration under the Securities Act
of 1933, as amended, provided by Rule 144A
thereunder.
|_| (b) This Certificate is being transferred by
the undersigned to an institutional
"accredited investor" (as defined in Rule
501(a)(1), (2), (3) or (7) of Regulation D
under the Securities Act of 1933, as
amended) and that the undersigned has been
advised by the prospective purchaser that it
intends to hold this Certificate for
investment and not for distribution or
resale.
Dated
______________________
(Signature)
If none of the foregoing boxes is checked, the Trustee shall not be obligated to
register this Certificate in the name of any person other than the registered
holder thereof unless and until the conditions to any such transfer of
registration set forth herein, and in the Pooling and Servicing Agreement have
been satisfied.
TO BE COMPLETED BY PURCHASER IF (a) ABOVE IS CHECKED:
The undersigned represents and warrants that (i) it is a "qualified
institutional buyer" (as defined in Rule 144A under the Securities Act of 1933,
as amended) and acknowledges that it has received such information as the
undersigned has requested pursuant to Rule 144A or has determined not to request
such information and that it is aware that the registered holder is relying upon
the undersigned's foregoing representations in order to claim the exemption from
registration provided by Rule 144A, and (ii) the undersigned (x) is not an
employee benefit plan subject to the Employee Retirement Income Security Act of
1974, as amended, or a plan subject to Section 4975 of the Internal Revenue Code
of 1986, as amended, and is not using the assets of any such employee benefit or
other plan to acquire this Certificate or (y) is an insurance company investing
assets of its general account and the exemptions provided by Section III(a) of
Department of Labor Prohibited Transaction Exemption 95-60, 60 Fed. Reg. 35925
(July 12, 1995), apply to the acquisition and holding by the undersigned of this
Certificate.
Dated
_____________________________
(Signature)
TO BE COMPLETED BY PURCHASER IF (b) ABOVE IS CHECKED:
The undersigned represents and warrants that (i) it is an
institutional "accredited investor" (as defined in Rule 501(a)(1), (2), (3) or
(7) of Regulation D under the Securities Act of 1933, as amended), and (ii) the
undersigned (x) is not an employee benefit plan subject to the Employee
Retirement Income Security Act of 1974, as amended, or a plan subject to Section
4975 of the Internal Revenue Code of 1986, as amended, and is not using the
assets of any such employee benefit or other plan to acquire this Certificate or
(y) is an insurance company investing assets of its general account and the
exemptions provided by Section III(a) of Department of Labor Prohibited
Transaction Exemption 95-60, 60 Fed. Reg. 35925 (July 12, 1995), apply to the
acquisition and holding by the undersigned of this Certificate.
Dated
_____________________________
<PAGE>
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF DISTRIBUTION TO CERTAIN CLASSES OF
THE CERTIFICATES AS SET FORTH HEREIN AND IN THE AGREEMENT REFERRED TO HEREIN.
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR THE SECURITIES LAWS OF ANY
STATE OF THE UNITED STATES ("BLUE SKY LAWS"), AND SUCH CERTIFICATE MAY NOT BE
OFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT (A) TO A PERSON WHOM
THE SELLER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE
MEANING OF RULE 144A UNDER THE SECURITIES ACT IN A TRANSACTION MEETING THE
REQUIREMENTS OF RULE 144A, (B) PURSUANT TO AN EXEMPTION FROM REGISTRATION
PROVIDED BY RULE 144 UNDER THE SECURITIES ACT (IF AVAILABLE) OR (C) TO AN
INSTITUTIONAL ACCREDITED INVESTOR AS DEFINED IN RULE 501(a)(1), (2), (3) OR (7)
OF REGULATION D UNDER THE SECURITIES ACT, IN EACH CASE IN A TRANSACTION EXEMPT
FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH
ANY APPLICABLE BLUE SKY LAWS. NO REPRESENTATION IS MADE AS TO THE AVAILABILITY
OF THE EXEMPTION PROVIDED BY RULE 144 FOR RESALES OF THIS CERTIFICATE.
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION 5.02 OF THE
AGREEMENT.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY EMPLOYEE BENEFIT
PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED
("ERISA") OR A PLAN SUBJECT TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED ("SECTION 4975") (A "PLAN") OR A PERSON THAT IS USING THE
ASSETS OF A PLAN TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED HEREIN. THE
TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN OTHER RESTRICTIONS AS SET
FORTH HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B4 Certificate
Principal Balance:
Class B4 $1,409,678.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RA54
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
B4 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on
<PAGE>
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF DISTRIBUTION TO CERTAIN CLASSES OF
THE CERTIFICATES AS SET FORTH HEREIN AND IN THE AGREEMENT REFERRED TO HEREIN.
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR THE SECURITIES LAWS OF ANY
STATE OF THE UNITED STATES ("BLUE SKY LAWS"), AND SUCH CERTIFICATE MAY NOT BE
OFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT (A) TO A PERSON WHOM
THE SELLER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE
MEANING OF RULE 144A UNDER THE SECURITIES ACT IN A TRANSACTION MEETING THE
REQUIREMENTS OF RULE 144A, (B) PURSUANT TO AN EXEMPTION FROM REGISTRATION
PROVIDED BY RULE 144 UNDER THE SECURITIES ACT (IF AVAILABLE) OR (C) TO AN
INSTITUTIONAL ACCREDITED INVESTOR AS DEFINED IN RULE 501(a)(1), (2), (3) OR (7)
OF REGULATION D UNDER THE SECURITIES ACT, IN EACH CASE IN A TRANSACTION EXEMPT
FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH
ANY APPLICABLE BLUE SKY LAWS. NO REPRESENTATION IS MADE AS TO THE AVAILABILITY
OF THE EXEMPTION PROVIDED BY RULE 144 FOR RESALES OF THIS CERTIFICATE.
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION 5.02 OF THE
AGREEMENT.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY EMPLOYEE BENEFIT
PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED
("ERISA") OR A PLAN SUBJECT TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED ("SECTION 4975") (A "PLAN") OR A PERSON THAT IS USING THE
ASSETS OF A PLAN TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED HEREIN. THE
TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN OTHER RESTRICTIONS AS SET
FORTH HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B5 Certificate
Principal Balance:
Class B5 $1,762,101.12
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
January 1, 1999
First Distribution Date: CUSIP:36157RA62
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
B5 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (THE "SECURITIES ACT"). ANY RESALE OR TRANSFER OF THIS CERTIFICATE
WITHOUT REGISTRATION THEREOF UNDER THE SECURITIES ACT MAY ONLY BE MADE IN A
TRANSACTION EXEMPT FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND
IN ACCORDANCE WITH SECTION 5.02 OF THE AGREEMENT REFERRED TO HEREIN.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1999-1
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class PO Certificate
Principal Balance:
Class PO $987,918.87
Certificate Interest Initial Certificate Principal
Rate per annum: Balance of this Certificate:
non-interest bearing $
Cut-off Date:
January 1, 1999
First Distribution Date:
February 25, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
PO Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
January 1, 1999 (the "Agreement"), between the Company and State Street Bank and
Trust Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of the acceptance hereof assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in February 1999, to the Person in whose
name this Certificate is registered at the close of business on the last
Business Day of the month immediately preceding the month of such distribution
(the "Record Date"), of an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the aggregate amount required to be
distributed to Holders of Certificates of the same Class as this Certificate
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee by check or
money order mailed to the Person entitled thereto at the address appearing in
the Certificate Register or, upon written request by the Certificateholder, by
such other means of payment as such Person and the Trustee shall agree. Except
as otherwise provided in the Agreement, the final distribution on this
Certificate will be made in the applicable manner described above, after due
notice by the Trustee of the pendency of such distribution and only upon
presentation and surrender of this Certificate at the office or agency
maintained for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of Certificates
designated as REMIC Multi-Class Pass-Through Certificates, Series 1999-1, issued
in twenty-three Classes (Class A1, Class A2, Class A3, Class A4, Class A5, Class
A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class A13,
Class A14, Class A15, Class R, Class PO, Class M, Class B1, Class B2, Class B3,
Class B4 and Class B5, herein called the "Certificates").
The Certificates are limited in right of payment to certain payments on and
collections in respect of the Mortgage Loans, all as more specifically set forth
in the Agreement. The Certificateholder, by its acceptance of this Certificate,
agrees that it will look solely to the funds on deposit in the Certificate
Account for payment hereunder and that the Trustee in its individual capacity is
not personally liable to the Certificateholders for any amount payable under
this Certificate or the Agreement or, except as expressly provided in the
Agreement, subject to any liability under the Agreement.
As provided in the Agreement and with certain exceptions therein provided,
certain losses on the Mortgage Loans resulting from defaults by Mortgagors will
be borne by the Holders of the Class M, Class B1, Class B2, Class B3, Class B4
and Class B5 Certificates before such losses will be borne by the Holders of the
other Classes of the Certificates.
This Certificate does not purport to summarize the Agreement and reference
is made to the Agreement for the interests, rights and limitations of rights,
benefits, obligations and duties evidenced hereby, and the rights, duties and
immunities of the Trustee.
The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Company and the rights of the Certificateholders under the Agreement at any time
by the Company and the Trustee with the consent of the Holders of Certificates
evidencing not less than 66% of all the Voting Rights as defined in the
Agreement. Any such consent by the Holder of this Certificate shall be
conclusive and binding on such Holder and upon all future Holders of this
Certificate and of any Certificate issued upon the transfer hereof or in
exchange herefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Agreement also permits the amendment thereof, in
certain limited circumstances, without the consent of the Holders of any of the
Certificates.
No transfer of any Class M, Class B1, Class B2, Class B3, Class B4 or Class
B5 Certificate which is in the form of a Definitive Certificate shall be made to
any Person unless the Trustee has received (i) a certificate from such
transferee to the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of 1974, as amended
("ERISA") or a plan subject to Section 4975 of the Internal Revenue Code of
1986, as amended ("Section 4975") (a "Plan") or a Person that is using the
assets of a Plan to acquire such Certificate or (y) is an insurance company
investing assets of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Class Exemption 95-60, 60
Fed. Reg. 35925 (July 12, 1995) (the "Exemption") applies to such transferee's
acquisition and holding of such Certificate, or (ii) an opinion of counsel
satisfactory to the Trustee, which opinion shall not be an expense of the
Trustee or the Company, to the effect that the purchase and holding of such
Certificate will not constitute or result in the assets of the Trust Fund being
deemed to be "plan assets" and subject to the prohibited transaction provisions
of ERISA or Section 4975 and will not subject the Trustee or the Company to any
obligation in addition to those undertaken in the Agreement; provided, however,
that the Trustee will not require such certificate or opinion in the event that,
as a result of a change of law or otherwise, counsel satisfactory to the Trustee
has rendered an opinion to the effect that the purchase and holding of a Class
M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate by a Plan or a
Person that is purchasing or holding such Certificate with the assets of a Plan
will not constitute or result in a prohibited transaction under ERISA or Section
4975.
No transfer of any Class R Certificate shall be made to any Person unless
the Trustee has received a certificate from such transferee to the effect that,
among other things, such transferee (x) is not an employee benefit plan subject
to ERISA or a Plan or a Person that is using the assets of a Plan to acquire any
such Class R Certificate or (y) is an insurance company investing assets of its
general account and the Exemption applies to such transferee's acquisition and
holding of any such Class R Certificate.
As provided in the Agreement, and subject to certain limitations therein
set forth, the transfer of this Certificate is registerable in the Certificate
Register of the Trustee upon surrender of this Certificate for registration of
transfer at the office or agency maintained by the Trustee in the city in which
the Corporate Trust Office of the Trustee is located or in the City of New York,
accompanied by a written instrument of transfer in form satisfactory to the
Company, the Trustee, and the Certificate Registrar duly executed by the Holder
hereof or such Holder's attorney duly authorized in writing, and thereupon one
or more new Certificates of the same Class of authorized denominations
evidencing the same aggregate Percentage Interest will be issued to the
designated transferee or transferees.
The Certificates are issuable only as registered Certificates without
coupons in denominations specified in the Agreement. As provided in the
Agreement and subject to certain limitations therein set forth, Certificates are
exchangeable for new Certificates of the same Class of authorized denominations
evidencing the same aggregate Percentage Interest as requested by the Holder
surrendering the same.
No service charge will be made for any such registration of transfer or
exchange, but the Trustee may require payment of a sum sufficient to cover any
tax or other governmental charge payable in connection therewith.
The Trustee and the Certificate Registrar and any agent of the Trustee or
the Certificate Registrar may treat the Person in whose name this Certificate is
registered as the owner hereof for all purposes, and neither the Trustee, the
Certificate Registrar nor any such agent shall be affected by any notice to the
contrary.
The obligations and responsibilities created by the Agreement, and the
Trust Fund created thereby shall terminate upon payment to the
Certificateholders, or provision therefor, in accordance with the Agreement
following the earlier of (a) the repurchase by the Company of all Mortgage Loans
and all property acquired in respect of any Mortgage Loan remaining in the Trust
Fund at a price equal to the sum of (x) 100% of the unpaid principal balance of
each Mortgage Loan (other than a Mortgage Loan described in clause (y)) plus
accrued and unpaid interest thereon at the rate provided for in the Agreement
(less any amounts representing previously unreimbursed Monthly Advances) and (y)
the appraised value of any property acquired in respect of a Mortgage Loan
determined as provided in the Agreement, and (b) the later of the final payment
or other liquidation (or any Monthly Advance with respect thereto) of the last
Mortgage Loan remaining in the Trust Fund and the disposition of all property
acquired upon foreclosure or by deed in lieu of foreclosure of any Mortgage
Loan. The right of the Company to repurchase all the Mortgage Loans and property
in respect of Mortgage Loans is subject to the Pool Scheduled Principal Balance
at the time of repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise of such right
will result in early retirement of the Certificates.
Unless this Certificate has been countersigned by the Trustee, by manual
signature, this Certificate shall not be entitled to any benefit under the
Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed under its official seal.
STATE STREET BANK AND TRUST
COMPANY, not in its individual
capacity but solely as Trustee
(SEAL)
By:___________________________
Name:
Title:
Countersigned:
By_______________________
Authorized Signatory of
STATE STREET BANK AND TRUST COMPANY,
not in its individual capacity but
solely as Trustee
Dated:___________________
<PAGE>
ASSIGNMENT
FOR VALUE RECEIVED the undersigned hereby sell(s), assign(s) and
transfer(s) unto
Please insert social security
or other identifying number of assignee
_______________________________________________________________________________
_______________________________________________________________________________
(Please print or typewrite name and address
including postal zip code of assignee)
_______________________________________________________________________________
this Certificate evidencing a Percentage Interest in certain distributions with
respect to the Trust Fund and hereby authorizes the transfer of registration of
such interest to assignee on the Certificate Register of said Trust Fund.
I (we) further direct the Certificate Registrar to issue a new Certificate
of like Class and Percentage Interest, to the above named assignee and deliver
such Certificate to the following address:
_______________________________________________________________________________
_______________________________________________________________________________
_______________________________________________________________________________
Dated:_____________________
_____________________________________
Signature by or on behalf of assignor
___________________________
*Signature Guaranteed*
*The signature hereon must be guaranteed by a bank, trust company or broker of
the signatory who is a member of a signature guarantee medallion program.
<PAGE>
EXHIBIT B
PRINCIPAL BALANCE SCHEDULES
<PAGE>
EXHIBIT C - SUPPLEMENT
SCHEDULE OF COOPERATIVE LOANS
SERIES 1999-1
LOAN CUT-OFF DATE BORROWER
NO. PRINCIPAL BALANCE NAME
--- ----------------- ----
7786403 $238,941.05 Lipton
<PAGE>
EXHIBIT C
MORTGAGE LOANS
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 1
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0004607164 MORTGAGORS: MICOVSKY THOMAS
REGION CODE ADDRESS : 51 MITCHELL AVENUE
01 CITY : POUGHKEEPSIE
STATE/ZIP : NY 12603
MORTGAGE AMOUNT : 84,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 66,545.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 706.32 OUTSIDE CONV DATE :
LIFETIME RATE : 9.50000 MATURITY DATE : 04/01/21
CURRENT INT RATE: 9.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0004860805 MORTGAGORS: KLEINER JOEL
KLEINER HAYDEN
REGION CODE ADDRESS : 3 FOX RIVER CROSSING
01 CITY : MAHWAH
STATE/ZIP : NJ 07430
MORTGAGE AMOUNT : 215,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 201,899.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,768.75 OUTSIDE CONV DATE :
LIFETIME RATE : 9.25000 MATURITY DATE : 01/01/22
CURRENT INT RATE: 9.25000 PRODUCT CODE : 002
LTV : 58.10810
----------------------------------------------------------------------------
0 0004886628 MORTGAGORS: WHITEHEAD STANLEY
REGION CODE ADDRESS : BOX 40 YELLOW CITY ROAD
01 CITY : AMENIA
STATE/ZIP : NY 12501
MORTGAGE AMOUNT : 210,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 176,301.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,689.71 OUTSIDE CONV DATE :
LIFETIME RATE : 9.00000 MATURITY DATE : 05/01/22
CURRENT INT RATE: 9.00000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0004890638 MORTGAGORS: COLAVITA SEVERINO
COLAVITA TERESA
REGION CODE ADDRESS : 306 ANTHONY DRIVE
01 CITY : TOWNSHIP OF PLYMOUTH
STATE/ZIP : PA 19462
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,693.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,866.20 OUTSIDE CONV DATE :
LIFETIME RATE : 9.75000 MATURITY DATE : 01/01/22
CURRENT INT RATE: 9.75000 PRODUCT CODE : 002
LTV : 69.23000
----------------------------------------------------------------------------
0 0004892345 MORTGAGORS: MAXWELL WILLIAM
MAXWELL ROBERTA
REGION CODE ADDRESS : 22103 SUN RANCH COURT
03 CITY : CHATSWORTH
STATE/ZIP : CA 91311
MORTGAGE AMOUNT : 222,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 207,940.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,806.27 OUTSIDE CONV DATE :
LIFETIME RATE : 9.12500 MATURITY DATE : 12/01/21
CURRENT INT RATE: 9.12500 PRODUCT CODE : 002
LTV : 76.55172
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,181,000.00
P & I AMT: 9,837.25 UPB AMT: 1,077,381.13
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 2
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0004893368 MORTGAGORS: JUNG THOMAS
JUNG HELEN
REGION CODE ADDRESS : 3048 PATUXENT OVERLOOK COURT
01 CITY : ELLICOTT CITY
STATE/ZIP : MD 21043
MORTGAGE AMOUNT : 222,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 168,580.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,790.29 OUTSIDE CONV DATE :
LIFETIME RATE : 9.00000 MATURITY DATE : 12/01/21
CURRENT INT RATE: 9.00000 PRODUCT CODE : 002
LTV : 67.42424
----------------------------------------------------------------------------
0 0004909974 MORTGAGORS: MCFADDEN DAVID
MCFADDEN DENA
REGION CODE ADDRESS : 9 PINE KNOLL ROAD
01 CITY : LEXINGTON
STATE/ZIP : MA 02173
MORTGAGE AMOUNT : 220,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 205,780.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,770.17 OUTSIDE CONV DATE :
LIFETIME RATE : 9.00000 MATURITY DATE : 12/01/21
CURRENT INT RATE: 9.00000 PRODUCT CODE : 002
LTV : 74.57600
----------------------------------------------------------------------------
0 0004914230 MORTGAGORS: COHEN ALAN
DE MARCO JOHN
REGION CODE ADDRESS : 940 GLENWOOD AVENUE
01 CITY : PLAINFIELD
STATE/ZIP : NJ 07060
MORTGAGE AMOUNT : 191,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 179,243.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,522.07 OUTSIDE CONV DATE :
LIFETIME RATE : 8.87500 MATURITY DATE : 03/01/22
CURRENT INT RATE: 8.87500 PRODUCT CODE : 002
LTV : 46.88725
----------------------------------------------------------------------------
0 0004922274 MORTGAGORS: KIM KI
KIM KYUNG
REGION CODE ADDRESS : 3 SENATE COURT
01 CITY : CLARKSTOWN
STATE/ZIP : NY 10956
MORTGAGE AMOUNT : 215,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 156,983.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.94 OUTSIDE CONV DATE :
LIFETIME RATE : 9.00000 MATURITY DATE : 03/01/22
CURRENT INT RATE: 9.00000 PRODUCT CODE : 002
LTV : 66.15384
----------------------------------------------------------------------------
0 0004931259 MORTGAGORS: BREEN GOVERT
BREEN MARIE
REGION CODE ADDRESS : 307 MEADOWBROOK ROAD
01 CITY : WYCKOFF TWP.
STATE/ZIP : NJ 07481
MORTGAGE AMOUNT : 220,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 205,334.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,730.75 OUTSIDE CONV DATE :
LIFETIME RATE : 8.75000 MATURITY DATE : 02/01/22
CURRENT INT RATE: 8.75000 PRODUCT CODE : 002
LTV : 67.69200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,068,800.00
P & I AMT: 8,543.22 UPB AMT: 915,921.89
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 3
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0004935631 MORTGAGORS: HEALEY JAMES
REGION CODE ADDRESS : 1819 HIGHRIDGE COURT
01 CITY : WINTERGREEN
STATE/ZIP : VA 22958
MORTGAGE AMOUNT : 212,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 198,516.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.80 OUTSIDE CONV DATE :
LIFETIME RATE : 9.00000 MATURITY DATE : 01/01/22
CURRENT INT RATE: 9.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0004940623 MORTGAGORS: POPP TIMOTHY
POPP PAMELA
REGION CODE ADDRESS : 3 WALDON ROAD
01 CITY : WASHINGTON TWP.
STATE/ZIP : NJ 07853
MORTGAGE AMOUNT : 218,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 203,598.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,698.70 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 01/01/22
CURRENT INT RATE: 8.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0004943346 MORTGAGORS: WRZOSEK JESSE
WRZOSEK ALINA
REGION CODE ADDRESS : 149 CHRISTOPHER TERRACE
01 CITY : WEST SPRINGFIELD
STATE/ZIP : MA 01089
MORTGAGE AMOUNT : 191,260.00 OPTION TO CONVERT :
UNPAID BALANCE : 179,962.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,608.22 OUTSIDE CONV DATE :
LIFETIME RATE : 9.50000 MATURITY DATE : 01/01/22
CURRENT INT RATE: 9.50000 PRODUCT CODE : 002
LTV : 70.83703
----------------------------------------------------------------------------
0 0004951737 MORTGAGORS: MAHON JOHN
MAHON BONITA
REGION CODE ADDRESS : 8105 HOLLYGATE DRIVE
01 CITY : GLENN DALE
STATE/ZIP : MD 20769
MORTGAGE AMOUNT : 225,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 208,741.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,775.98 OUTSIDE CONV DATE :
LIFETIME RATE : 8.75000 MATURITY DATE : 01/01/22
CURRENT INT RATE: 8.75000 PRODUCT CODE : 002
LTV : 73.83483
----------------------------------------------------------------------------
0 0004958062 MORTGAGORS: REDUTO JOSEPH
REDUTO ELLEN
REGION CODE ADDRESS : 15 OAKFIELD ROAD
01 CITY : SMITHTOWN
STATE/ZIP : NY 11780
MORTGAGE AMOUNT : 220,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 206,019.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,715.03 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 03/01/22
CURRENT INT RATE: 8.62500 PRODUCT CODE : 002
LTV : 71.12903
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,067,910.00
P & I AMT: 8,503.73 UPB AMT: 996,837.44
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 4
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0004965273 MORTGAGORS: HOFFMAN DANIEL
HOFFMAN BARBARA
REGION CODE ADDRESS : 27 WASHINGTON WAY
01 CITY : TABERNACLE
STATE/ZIP : NJ 08088
MORTGAGE AMOUNT : 213,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 198,881.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,640.10 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 03/01/22
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0004965794 MORTGAGORS: MOSKOWITZ HOWELL
MOSKOWITZ JOANN
REGION CODE ADDRESS : 104 HAZELWOOD DRIVE
01 CITY : JERICHO
STATE/ZIP : NY 11753
MORTGAGE AMOUNT : 225,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 210,430.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,750.03 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 04/01/22
CURRENT INT RATE: 8.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0004971768 MORTGAGORS: NAGAR JACOB
NAGAR BELINA
REGION CODE ADDRESS : 143 MUIRFIELD CIRCLE
01 CITY : NAPLES
STATE/ZIP : FL 33962
MORTGAGE AMOUNT : 218,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 205,229.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,816.54 OUTSIDE CONV DATE :
LIFETIME RATE : 9.37500 MATURITY DATE : 02/01/22
CURRENT INT RATE: 9.37500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0004973871 MORTGAGORS: CUOMO JIMMY
ALVERSON DAVID
REGION CODE ADDRESS : 2209 MEADOW VALLEY TERRACE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90039
MORTGAGE AMOUNT : 217,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 202,778.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,672.39 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 03/01/22
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 55.76923
----------------------------------------------------------------------------
0 0004979498 MORTGAGORS: GIDALI CHAIM
GIDALI NETTA
REGION CODE ADDRESS : 242 ARDMORE AVENUE
01 CITY : STATEN ISLAND
STATE/ZIP : NY 10314
MORTGAGE AMOUNT : 208,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 195,161.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,673.62 OUTSIDE CONV DATE :
LIFETIME RATE : 9.00000 MATURITY DATE : 04/01/22
CURRENT INT RATE: 9.00000 PRODUCT CODE : 002
LTV : 79.08745
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,082,200.00
P & I AMT: 8,552.68 UPB AMT: 1,012,481.85
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 5
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0004980371 MORTGAGORS: DULAY STURGIS DOREEN
REGION CODE ADDRESS : 30366 CORNELL SCHOOL ROAD
01 CITY : AGOURA AREA
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 210,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 188,263.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,673.24 OUTSIDE CONV DATE :
LIFETIME RATE : 8.87500 MATURITY DATE : 03/01/22
CURRENT INT RATE: 8.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0004985974 MORTGAGORS: ZHANG CHUNG
SHEN DING
REGION CODE ADDRESS : 10 OLD SMALLEYTOWN RD
01 CITY : WARREN TOWNSHIP
STATE/ZIP : NJ 07059
MORTGAGE AMOUNT : 196,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 182,604.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,507.08 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 03/01/22
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0004992012 MORTGAGORS: STERNBERG ARTHUR
STERNBERG BARBARA
REGION CODE ADDRESS : 5 BANNOCK COURT
01 CITY : SUFFERN
STATE/ZIP : NY 10901
MORTGAGE AMOUNT : 202,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 188,632.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,555.52 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 03/01/22
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 66.32786
----------------------------------------------------------------------------
0 0005202387 MORTGAGORS: CANZONA NICOLINO
CANZONA LINA
REGION CODE ADDRESS : 1530 EL MIRADERO AVENUE
01 CITY : GLENDALE
STATE/ZIP : CA 91201
MORTGAGE AMOUNT : 223,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 209,169.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,814.40 OUTSIDE CONV DATE :
LIFETIME RATE : 9.12500 MATURITY DATE : 02/01/22
CURRENT INT RATE: 9.12500 PRODUCT CODE : 002
LTV : 79.92831
----------------------------------------------------------------------------
0 0005211032 MORTGAGORS: CREMONA MARK
CREMONA KELLY
REGION CODE ADDRESS : 8397 QUAILWOOD LANE
01 CITY : PASADENA
STATE/ZIP : MD 21122
MORTGAGE AMOUNT : 216,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 201,889.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,757.45 OUTSIDE CONV DATE :
LIFETIME RATE : 9.12500 MATURITY DATE : 03/01/22
CURRENT INT RATE: 9.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,047,600.00
P & I AMT: 8,307.69 UPB AMT: 970,559.29
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 6
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0005237714 MORTGAGORS: SZELES JOHN
SZELES MARIA
REGION CODE ADDRESS : 3225 CASA VERDE COURT
01 CITY : BONITA
STATE/ZIP : CA 91902
MORTGAGE AMOUNT : 208,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 196,586.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,787.04 OUTSIDE CONV DATE :
LIFETIME RATE : 9.75000 MATURITY DATE : 03/01/22
CURRENT INT RATE: 9.75000 PRODUCT CODE : 002
LTV : 71.72413
----------------------------------------------------------------------------
0 0005263637 MORTGAGORS: FOX WAYNE
FOX CYNTHIA
REGION CODE ADDRESS : 1306 GRANT STREET
01 CITY : HERNDON
STATE/ZIP : VA 22070
MORTGAGE AMOUNT : 215,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 201,588.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,750.12 OUTSIDE CONV DATE :
LIFETIME RATE : 9.12500 MATURITY DATE : 04/01/22
CURRENT INT RATE: 9.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0005303326 MORTGAGORS: SHLEPPEY WILLIAM
REGION CODE ADDRESS : 14452 SILVERBROOK DRIVE
01 CITY : TUSTIN
STATE/ZIP : CA 92680
MORTGAGE AMOUNT : 207,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 195,356.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,707.87 OUTSIDE CONV DATE :
LIFETIME RATE : 9.25000 MATURITY DATE : 03/01/22
CURRENT INT RATE: 9.25000 PRODUCT CODE : 002
LTV : 85.78500
----------------------------------------------------------------------------
0 0005309026 MORTGAGORS: HAN CHIN
HAN YANG
REGION CODE ADDRESS : 11821 KIM PLACE
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 216,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 180,390.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,737.99 OUTSIDE CONV DATE :
LIFETIME RATE : 9.00000 MATURITY DATE : 04/01/22
CURRENT INT RATE: 9.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0005323951 MORTGAGORS: RUMRILL JOHN
RUMRILL CANDYCE
REGION CODE ADDRESS : 305 CANTLEGATE CLOSE
01 CITY : ALPHARETTA
STATE/ZIP : GA 30202
MORTGAGE AMOUNT : 202,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 190,551.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,646.39 OUTSIDE CONV DATE :
LIFETIME RATE : 9.12500 MATURITY DATE : 05/01/22
CURRENT INT RATE: 9.12500 PRODUCT CODE : 002
LTV : 77.82600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,049,050.00
P & I AMT: 8,629.41 UPB AMT: 964,472.98
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 7
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0005324538 MORTGAGORS: SOLURI RAYMOND
SOLURI MARIE
REGION CODE ADDRESS : 14 FIELDCREST LANE
01 CITY : OYESTER BAY
STATE/ZIP : NY 11735
MORTGAGE AMOUNT : 202,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 190,964.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,683.47 OUTSIDE CONV DATE :
LIFETIME RATE : 9.37500 MATURITY DATE : 06/01/22
CURRENT INT RATE: 9.37500 PRODUCT CODE : 002
LTV : 67.46666
----------------------------------------------------------------------------
0 0005328463 MORTGAGORS: LE ROY RICHARD
REGION CODE ADDRESS : 5820 NORTH LOGWOOD ROAD
01 CITY : WESTLAKE VILLAGE
STATE/ZIP : CA 91361
MORTGAGE AMOUNT : 212,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 190,334.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,782.62 OUTSIDE CONV DATE :
LIFETIME RATE : 9.50000 MATURITY DATE : 04/01/22
CURRENT INT RATE: 9.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0005328901 MORTGAGORS: ESHELMAN DAVID
ESHELMAN ELIZABETH
REGION CODE ADDRESS : UNIT 714 322 BOARDWALK
01 CITY : OCEAN CITY
STATE/ZIP : NJ 08226
MORTGAGE AMOUNT : 216,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 43,427.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,757.45 OUTSIDE CONV DATE :
LIFETIME RATE : 9.12500 MATURITY DATE : 05/01/22
CURRENT INT RATE: 9.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0005344692 MORTGAGORS: TORNETTA JAMES
TORNETTA DEBORAH
REGION CODE ADDRESS : 7504 PLEASURE AVENUE UNIT NORTH
01 CITY : SEA ISLE CITY
STATE/ZIP : NJ 08243
MORTGAGE AMOUNT : 217,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 204,242.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,711.86 OUTSIDE CONV DATE :
LIFETIME RATE : 8.75000 MATURITY DATE : 06/01/22
CURRENT INT RATE: 8.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0005364799 MORTGAGORS: DOAN CONG
PHAM HOA
REGION CODE ADDRESS : 14782 BOWLING GREEN STREET
01 CITY : WESTMINSTER
STATE/ZIP : CA 92683
MORTGAGE AMOUNT : 217,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 179,367.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.89 OUTSIDE CONV DATE :
LIFETIME RATE : 9.37500 MATURITY DATE : 04/01/22
CURRENT INT RATE: 9.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,065,600.00
P & I AMT: 8,745.29 UPB AMT: 808,337.89
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 8
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0005364807 MORTGAGORS: MUGGEE MARTIN
MUGGEE LORI
REGION CODE ADDRESS : 24385 NUGGET FALLS LANE
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92656
MORTGAGE AMOUNT : 212,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 199,964.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,763.31 OUTSIDE CONV DATE :
LIFETIME RATE : 9.37500 MATURITY DATE : 04/01/22
CURRENT INT RATE: 9.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0005379060 MORTGAGORS: DAVIDSON TIMOTHY
DAVIDSON LAARNI
REGION CODE ADDRESS : 11543 MARCELLO WAY
01 CITY : RANCHO CUCAMONGA
STATE/ZIP : CA 91730
MORTGAGE AMOUNT : 224,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 209,254.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,891.08 OUTSIDE CONV DATE :
LIFETIME RATE : 9.50000 MATURITY DATE : 05/01/22
CURRENT INT RATE: 9.50000 PRODUCT CODE : 002
LTV : 89.99599
----------------------------------------------------------------------------
0 0005379946 MORTGAGORS: TORRES ARTURO
REGION CODE ADDRESS : 6812 N KOSTNER AVE
01 CITY : LINCOLNWOOD
STATE/ZIP : IL 60646
MORTGAGE AMOUNT : 220,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 191,568.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,854.08 OUTSIDE CONV DATE :
LIFETIME RATE : 9.50000 MATURITY DATE : 07/01/22
CURRENT INT RATE: 9.50000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0005396890 MORTGAGORS: BINIAK WILLIAM
REGION CODE ADDRESS : 429 WEST 14TH STREET #12
01 CITY : OCEAN CITY
STATE/ZIP : MD 21842
MORTGAGE AMOUNT : 211,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 199,032.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,699.36 OUTSIDE CONV DATE :
LIFETIME RATE : 9.00000 MATURITY DATE : 07/01/22
CURRENT INT RATE: 9.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0005403068 MORTGAGORS: JENKINS RALPH
RHODEN MARLENE
REGION CODE ADDRESS : 3945 WEST MAIN STREET
01 CITY : HOUSTON
STATE/ZIP : TX 77027
MORTGAGE AMOUNT : 215,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 189,425.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,695.34 OUTSIDE CONV DATE :
LIFETIME RATE : 8.75000 MATURITY DATE : 07/01/22
CURRENT INT RATE: 8.75000 PRODUCT CODE : 002
LTV : 50.11600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,084,100.00
P & I AMT: 8,903.17 UPB AMT: 989,244.56
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 9
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0005405667 MORTGAGORS: STUART WHITNEY
STUART JOAN
REGION CODE ADDRESS : 423 COKESBURY ROAD
01 CITY : CLINTON TWP.
STATE/ZIP : NJ 08801
MORTGAGE AMOUNT : 220,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 201,990.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,691.61 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 07/01/22
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0005857644 MORTGAGORS: MIGLIORE LAWRENCE
MIGLIORE PATRICIA
REGION CODE ADDRESS : 8 BEECHWOOD TRAIL
01 CITY : DENVILLE
STATE/ZIP : NJ 07834
MORTGAGE AMOUNT : 141,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 133,442.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,015.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/23
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007515083 MORTGAGORS: JEWELL DEANNA
REGION CODE ADDRESS : 6501 EAST WHITIER STREET
00 CITY : WAKE FOREST
STATE/ZIP : NC 27587
MORTGAGE AMOUNT : 100,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 97,689.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 690.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/27
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.07407
----------------------------------------------------------------------------
0 0007678477 MORTGAGORS: CAMP SUSAN
REGION CODE ADDRESS : 7808 MANOR FOREST LANE
03 CITY : BOYTON BEACH
STATE/ZIP : FL 33462
MORTGAGE AMOUNT : 45,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 44,775.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 323.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.80000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.80000 PRODUCT CODE : 002
LTV : 39.13300
----------------------------------------------------------------------------
0 0007678535 MORTGAGORS: BONILLA JUDITH
REGION CODE ADDRESS : 3336 N ELLEN DRIVE
03 CITY : ARLINGTON HEIGHTS
STATE/ZIP : IL 60004
MORTGAGE AMOUNT : 201,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 199,910.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,422.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.60000 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.60000 PRODUCT CODE : 002
LTV : 70.70100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 708,250.00
P & I AMT: 5,144.51 UPB AMT: 677,809.03
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 10
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007678733 MORTGAGORS: BARTOLOMEI LYNANN
REGION CODE ADDRESS : 15702 ORLAN BROOK DRIVE UNIT#176
03 CITY : ORLAND PARK
STATE/ZIP : IL 60462
MORTGAGE AMOUNT : 60,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 59,624.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 423.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.60000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.60000 PRODUCT CODE : 002
LTV : 62.56500
----------------------------------------------------------------------------
0 0007678758 MORTGAGORS: MITCHELL MELINDA
HOOVER BERNARD
REGION CODE ADDRESS : 842 MATTHEWS
03 CITY : FENTON
STATE/ZIP : MO 63026
MORTGAGE AMOUNT : 45,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 44,777.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 325.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.85000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.85000 PRODUCT CODE : 002
LTV : 58.06400
----------------------------------------------------------------------------
0 0007678782 MORTGAGORS: DEMASI SCOTT
DEMASI SUSAN
REGION CODE ADDRESS : 5610 KIOWA TIMBERS DRIVE
03 CITY : HUMBLE
STATE/ZIP : TX 77346
MORTGAGE AMOUNT : 66,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 65,640.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 454.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.35000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.35000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007678931 MORTGAGORS: SHREFFLER ROBERT
REGION CODE ADDRESS : 104 CHERRY HILL COURT
03 CITY : NAPLES
STATE/ZIP : FL 34113
MORTGAGE AMOUNT : 107,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 106,450.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 759.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.65000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.65000 PRODUCT CODE : 002
LTV : 56.31500
----------------------------------------------------------------------------
0 0007679061 MORTGAGORS: DOVER JOHN
DOVER NANCY
REGION CODE ADDRESS : 16780 OAK VIEW CIRCLE
03 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 175,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 173,695.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,241.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.65000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.65000 PRODUCT CODE : 002
LTV : 41.66666
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 453,000.00
P & I AMT: 3,204.74 UPB AMT: 450,188.04
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 11
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007679079 MORTGAGORS: FISCHMAN PHILIP
OKUN VALERIE
REGION CODE ADDRESS : 3122 VIA DE CABALLO
03 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 165,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 163,347.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,170.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.65000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.65000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007679087 MORTGAGORS: WILLIAMS GLORIA
REGION CODE ADDRESS : 9850 PAGEWOOD LANE # 802,
03 CITY : HOUSTON
STATE/ZIP : TX 77042
MORTGAGE AMOUNT : 40,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 39,783.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 276.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.40000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.40000 PRODUCT CODE : 002
LTV : 64.00000
----------------------------------------------------------------------------
0 0007679145 MORTGAGORS: SUPNICK GLORIA
REGION CODE ADDRESS : 14 LOCUST AVE
03 CITY : STONY BROOK
STATE/ZIP : NY 11790
MORTGAGE AMOUNT : 53,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 52,727.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 376.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.65000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.65000 PRODUCT CODE : 002
LTV : 32.02400
----------------------------------------------------------------------------
0 0007679327 MORTGAGORS: BECKER CLYDE
REGION CODE ADDRESS : 9529 FRUITLAND AVENUE
03 CITY : ENGLEWOOD
STATE/ZIP : FL 34224
MORTGAGE AMOUNT : 65,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 64,672.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 460.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.60000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.60000 PRODUCT CODE : 002
LTV : 74.94200
----------------------------------------------------------------------------
0 0007679400 MORTGAGORS: SODORA DONALD
SODORA PAULA
REGION CODE ADDRESS : 2512 LAKESHORE DRIVE
03 CITY : FLOWER MOUND
STATE/ZIP : TX 75028
MORTGAGE AMOUNT : 107,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 106,900.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 726.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.15000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.15000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 430,800.00
P & I AMT: 3,010.82 UPB AMT: 427,431.99
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 12
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007679467 MORTGAGORS: OLIVER VICTORIA
REGION CODE ADDRESS : 15934 COOK ROAD
03 CITY : ROUGH AND READY
STATE/ZIP : CA 95975
MORTGAGE AMOUNT : 182,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 181,092.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,310.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.80000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.80000 PRODUCT CODE : 002
LTV : 65.00000
----------------------------------------------------------------------------
0 0007679624 MORTGAGORS: BASSIN SAM
REGION CODE ADDRESS : 5919 A SPRING LAKE LANE
03 CITY : BOYNTON BEACH
STATE/ZIP : FL 33437
MORTGAGE AMOUNT : 50,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 48,648.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 349.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 38.46100
----------------------------------------------------------------------------
0 0007679665 MORTGAGORS: BENCE ANTOINETTE
REGION CODE ADDRESS : 11251 JACANA COURT #1906
03 CITY : FORT MYERS
STATE/ZIP : FL 33908
MORTGAGE AMOUNT : 40,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 39,383.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 274.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.30000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.30000 PRODUCT CODE : 002
LTV : 33.33300
----------------------------------------------------------------------------
0 0007679699 MORTGAGORS: CARLSON JARED
CARLSON ZOHREH
REGION CODE ADDRESS : 2158 ROSITA AVE,
03 CITY : SANTA CLARA
STATE/ZIP : CA 95050
MORTGAGE AMOUNT : 225,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 223,820.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,580.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.55000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.55000 PRODUCT CODE : 002
LTV : 67.16400
----------------------------------------------------------------------------
0 0007679723 MORTGAGORS: IGLESIAS LAZARO
REGION CODE ADDRESS : 1428 SARRIA AVENUE
03 CITY : CORAL GABLES
STATE/ZIP : FL 33146
MORTGAGE AMOUNT : 175,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 172,976.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,187.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.20000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.20000 PRODUCT CODE : 002
LTV : 66.03700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 672,000.00
P & I AMT: 4,702.84 UPB AMT: 665,922.30
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 13
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007679822 MORTGAGORS: ROLLO STEVEN
REGION CODE ADDRESS : 426 CHERRY VALLEY RD
03 CITY : VERNON HILLS
STATE/ZIP : IL 60061
MORTGAGE AMOUNT : 50,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 49,740.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 353.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.60000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.60000 PRODUCT CODE : 002
LTV : 40.32200
----------------------------------------------------------------------------
0 0007680093 MORTGAGORS: SCHMADEL TRULA
REGION CODE ADDRESS : 414 COWELL AVENUE
03 CITY : MANTECA
STATE/ZIP : CA 95336
MORTGAGE AMOUNT : 55,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 54,915.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 391.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.65000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.65000 PRODUCT CODE : 002
LTV : 62.02200
----------------------------------------------------------------------------
0 0007680515 MORTGAGORS: SPATZ JONATHAN
REGION CODE ADDRESS : 7235 W 16TH AVE
03 CITY : HIALEAH
STATE/ZIP : FL 33014
MORTGAGE AMOUNT : 57,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 56,703.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 402.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.60000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.60000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007680804 MORTGAGORS: THOMAS MARY
REGION CODE ADDRESS : 16481 BLATT BLVD. UNIT 104
03 CITY : FORT LAUDERDALE
STATE/ZIP : FL 33326
MORTGAGE AMOUNT : 48,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 48,049.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 341.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.60000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.60000 PRODUCT CODE : 002
LTV : 74.88300
----------------------------------------------------------------------------
0 0007681018 MORTGAGORS: NEWTON KENNETH
NEWTON KAREN
REGION CODE ADDRESS : 2980 DOMINION
03 CITY : MC HENRY
STATE/ZIP : IL 60050
MORTGAGE AMOUNT : 192,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 191,023.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,368.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.70000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.70000 PRODUCT CODE : 002
LTV : 56.14000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 402,500.00
P & I AMT: 2,857.10 UPB AMT: 400,431.93
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 14
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007681034 MORTGAGORS: WAITMAN RANDALL
COSTELLO REBECCA
REGION CODE ADDRESS : 118 H STREET
03 CITY : RAMONA
STATE/ZIP : CA 92065
MORTGAGE AMOUNT : 123,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 123,064.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 877.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.65000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.65000 PRODUCT CODE : 002
LTV : 74.96900
----------------------------------------------------------------------------
0 0007681075 MORTGAGORS: DEROSSETT CAROL
REGION CODE ADDRESS : 30840 GRENOBLE COURT
03 CITY : WESTLAKE VILLAGE
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 164,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 163,480.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,182.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.80000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.80000 PRODUCT CODE : 002
LTV : 74.16400
----------------------------------------------------------------------------
0 0007681091 MORTGAGORS: LAI KWOK
LEE LAI CHIU
REGION CODE ADDRESS : 7417 TWEEDSGATE DRIVE
03 CITY : PLANO
STATE/ZIP : TX 75024
MORTGAGE AMOUNT : 50,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 49,737.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 351.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.55000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.55000 PRODUCT CODE : 002
LTV : 21.55100
----------------------------------------------------------------------------
0 0007681257 MORTGAGORS: KARZEN CECILY
REGION CODE ADDRESS : 3401 N COUNTRY CLUB DR, UNIT # 807
03 CITY : AVENTURA
STATE/ZIP : FL 33180
MORTGAGE AMOUNT : 45,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 44,777.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 325.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.85000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.85000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007681323 MORTGAGORS: CRUZ FRANCISCO
CRUZ ELSA
REGION CODE ADDRESS : 2899 COLLINS AVENUE, UNIT #706
03 CITY : MIAMI BEACH
STATE/ZIP : FL 33140
MORTGAGE AMOUNT : 50,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 49,769.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 373.88 OUTSIDE CONV DATE :
LIFETIME RATE : 8.20000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 8.20000 PRODUCT CODE : 002
LTV : 66.66600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 433,000.00
P & I AMT: 3,111.14 UPB AMT: 430,830.35
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 15
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007681406 MORTGAGORS: KELLER CLAUDETTE
REGION CODE ADDRESS : 20818 ROYDENCREST DRIVE
03 CITY : SPRING
STATE/ZIP : TX 77388
MORTGAGE AMOUNT : 63,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 63,249.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 438.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.35000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.35000 PRODUCT CODE : 002
LTV : 74.94100
----------------------------------------------------------------------------
0 0007681414 MORTGAGORS: FERGUSON GENORA
REGION CODE ADDRESS : 4834 INGLESIDE COURT
03 CITY : SPRING
STATE/ZIP : TX 77388
MORTGAGE AMOUNT : 56,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 55,893.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 387.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.35000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.35000 PRODUCT CODE : 002
LTV : 74.93300
----------------------------------------------------------------------------
0 0007681489 MORTGAGORS: SICA GLORIA
REGION CODE ADDRESS : 5841 RATTLESNAKE HAMMOCK ROAD, UNIT
03 CITY : NAPLES
STATE/ZIP : FL 34113
MORTGAGE AMOUNT : 44,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 43,780.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 316.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.80000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.80000 PRODUCT CODE : 002
LTV : 68.75000
----------------------------------------------------------------------------
0 0007685365 MORTGAGORS: SOOKHAL HELEN
SOOKHAL NANDLAL
REGION CODE ADDRESS : 97-23 117TH ST
01 CITY : RICHMOND HILL
STATE/ZIP : NY 11419
MORTGAGE AMOUNT : 231,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 230,648.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,782.35 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0007685886 MORTGAGORS: BELLAMY KENNETH
BELLAMY SHERRY
REGION CODE ADDRESS : 6506 ROCKLAND COURT
01 CITY : CLIFTON
STATE/ZIP : VA 20124
MORTGAGE AMOUNT : 218,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 216,935.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,489.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 614,100.00
P & I AMT: 4,415.06 UPB AMT: 610,507.11
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 16
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007687668 MORTGAGORS: FOLEY JOHN
LEE ROBERTA
REGION CODE ADDRESS : 974 BARNARD COLLEGE LN
01 CITY : UNIVERSITY CITY
STATE/ZIP : MO 63130
MORTGAGE AMOUNT : 194,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 193,144.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,373.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007690266 MORTGAGORS: WAGONER RANDY
WAGONER NANCY
REGION CODE ADDRESS : 412 STEEPLECHASE TRAIL
01 CITY : KENNEDALE
STATE/ZIP : TX 76060
MORTGAGE AMOUNT : 116,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 116,231.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 786.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007694912 MORTGAGORS: SCHMIDT CHRIS
REGION CODE ADDRESS : 33 WELLINGTON DR
01 CITY : LONG VALLEY
STATE/ZIP : NJ 07853
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,999.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,005.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 63.44847
----------------------------------------------------------------------------
0 0007695091 MORTGAGORS: WIEAND PAUL
REGION CODE ADDRESS : 196 RED HILL ROAD
01 CITY : OTTSVILLE
STATE/ZIP : PA 18942
MORTGAGE AMOUNT : 152,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 150,987.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 998.53 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 13.81800
----------------------------------------------------------------------------
0 0007695851 MORTGAGORS: VAN BEAVER JEFFREY
VAN BEAVER TAMMY
REGION CODE ADDRESS : N11666 NORTH LOST LAKE RD.
01 CITY : ATHELSTANE
STATE/ZIP : WI 54104
MORTGAGE AMOUNT : 63,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 63,428.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 456.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 806,550.00
P & I AMT: 5,621.24 UPB AMT: 802,790.89
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 17
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007696933 MORTGAGORS: DAVIDSON DAVID
FICARO FATIMA
REGION CODE ADDRESS : 215 SOUTH GRIFFITH PARK DRIVE
01 CITY : BURBANK
STATE/ZIP : CA 91506
MORTGAGE AMOUNT : 220,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 219,217.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,595.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 78.57100
----------------------------------------------------------------------------
0 0007696990 MORTGAGORS: YSLAS JESUS
YSLAS SUSAN
REGION CODE ADDRESS : 3510 SAN SIMEON AVENUE
01 CITY : OXNARD
STATE/ZIP : CA 93033
MORTGAGE AMOUNT : 122,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 121,763.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 875.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 74.06000
----------------------------------------------------------------------------
0 0007701931 MORTGAGORS: GUERRIERO JOSEPH
GUERRIERO THERESA
REGION CODE ADDRESS : 1966 S EGRET LANE
01 CITY : LIBERTYVILLE
STATE/ZIP : IL 60048
MORTGAGE AMOUNT : 271,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,401.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,829.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.08800
----------------------------------------------------------------------------
0 0007703911 MORTGAGORS: RODRIGUEZ EMILIO
RODRIGUEZ BARBARA
REGION CODE ADDRESS : 8455 E AMETHYST LANE
01 CITY : TUCSON
STATE/ZIP : AZ 85750
MORTGAGE AMOUNT : 227,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 226,070.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,549.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 63.80600
----------------------------------------------------------------------------
0 0007706567 MORTGAGORS: WIDDER JAMES
WIDDER PHYLLIS
REGION CODE ADDRESS : 19674 WATERS END DRIVE
01 CITY : BOCA RATON
STATE/ZIP : FL 33496
MORTGAGE AMOUNT : 245,106.36 OPTION TO CONVERT :
UNPAID BALANCE : 243,163.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,767.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 04/01/26
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 74.27400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,085,956.36
P & I AMT: 7,617.23 UPB AMT: 1,080,616.41
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 18
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007706609 MORTGAGORS: FAYNE SUSAN
REGION CODE ADDRESS : 2105 GULF OF MEXICO DR.#3102
01 CITY : LONGBOAT KEY,
STATE/ZIP : FL 34228
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,755.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007708977 MORTGAGORS: YATES CARYN
REGION CODE ADDRESS : 1430 FALCON COURT
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,098.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,678.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.41900
----------------------------------------------------------------------------
0 0007709082 MORTGAGORS: GOELKEL GARY
GOELKEL KATHLEEN
REGION CODE ADDRESS : 17340 LAKEVIEW DRIVE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 468,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 466,106.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,153.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007709447 MORTGAGORS: RODRIGUEZ ISRAEL
RODRIGUEZ AMY
REGION CODE ADDRESS : 9568 SEVILLE WAY
01 CITY : CYPRESS
STATE/ZIP : CA 90630
MORTGAGE AMOUNT : 291,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,603.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,039.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 64.82200
----------------------------------------------------------------------------
0 0007709801 MORTGAGORS: KING RANDALL
KING CHRISTINE
REGION CODE ADDRESS : 3580 ALKIRST COURT
01 CITY : SANTA ROSA
STATE/ZIP : CA 95403
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,915.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,263.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,617,700.00
P & I AMT: 11,130.39 UPB AMT: 1,611,480.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 19
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007710262 MORTGAGORS: LURIE HOWARD
LURIE MICHELLE
REGION CODE ADDRESS : 7755 BLUEBERRY HILL LANE
01 CITY : ELLICOTT CITY
STATE/ZIP : MD 21043
MORTGAGE AMOUNT : 130,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 128,965.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 889.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007710643 MORTGAGORS: WAGNER GARY
WAGNER MARJORIE
REGION CODE ADDRESS : 2657 EL PRADO WAY
01 CITY : SACRAMENTO
STATE/ZIP : CA 95825
MORTGAGE AMOUNT : 131,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 131,224.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 942.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007714777 MORTGAGORS: AITELLI PETER
AITELLI LAUREL
REGION CODE ADDRESS : 3838 ARBOLADO DRIVE
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94598
MORTGAGE AMOUNT : 347,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,431.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,480.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/27
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 65.62200
----------------------------------------------------------------------------
0 0007719552 MORTGAGORS: GRIFFIN SHANE
GRIFFIN ANGELA
REGION CODE ADDRESS : 4800 VIA AMANTE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,857.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,493.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007719693 MORTGAGORS: GOLDBERG STEVEN
REGION CODE ADDRESS : 11802 FOLKSTONE LANE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90077
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 598,202.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,195.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 65.93400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,557,800.00
P & I AMT: 11,000.94 UPB AMT: 1,551,680.95
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 20
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007720196 MORTGAGORS: O'REILLY PATRICK
O'REILLY ANN
REGION CODE ADDRESS : 25942 EL SEGUNDO
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 292,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,427.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,070.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 87.31300
----------------------------------------------------------------------------
0 0007720261 MORTGAGORS: MENENDEZ C.
THIBIANT ANNE-MARIE
REGION CODE ADDRESS : 1948 FLETCHER AVENUE
01 CITY : SOUTH PASADENA
STATE/ZIP : CA 91030
MORTGAGE AMOUNT : 340,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,753.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,353.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007720998 MORTGAGORS: EDWARDS JAMES
EDWARDS SUSAN
REGION CODE ADDRESS : 20271 EASTWOOD CIRCLE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,288.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,856.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007721277 MORTGAGORS: FAIRWEATHER JAMES
FAIRWEATHER ANGELA
REGION CODE ADDRESS : 1022 TURNSTONE ROAD
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 327,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,908.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,232.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007721285 MORTGAGORS: LESAR JENNIFER
SMITH DANA
REGION CODE ADDRESS : 7330 STARBOARD STREET
01 CITY : CALRSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 381,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,648.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,762.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 94.94500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,597,500.00
P & I AMT: 11,274.91 UPB AMT: 1,592,026.52
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 21
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007723950 MORTGAGORS: LIOTTI MAURIZIO
LIOTTI BONNIE
REGION CODE ADDRESS : 84 HAMMERSMITH DR
01 CITY : SAUGUS
STATE/ZIP : MA 01906
MORTGAGE AMOUNT : 210,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 209,563.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,522.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007724362 MORTGAGORS: VAN BURK GERRIT
VAN BURK ELIZABETH
REGION CODE ADDRESS : 4877 WHEATSTONE DRIVE
01 CITY : FAIRFAX
STATE/ZIP : VA 22032
MORTGAGE AMOUNT : 160,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 159,483.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,077.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007724677 MORTGAGORS: LERITZ LYNDEL
STANSELL EDWIN
REGION CODE ADDRESS : 812 MYRTLE STREET
01 CITY : ATLANTA
STATE/ZIP : GA 30308
MORTGAGE AMOUNT : 337,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,383.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,245.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007731029 MORTGAGORS: CULBERSON LEAH
REGION CODE ADDRESS : 435 WHITMORE DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30305
MORTGAGE AMOUNT : 281,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,364.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,918.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007731375 MORTGAGORS: WILBER WILLIAM
WILBER MAURI
REGION CODE ADDRESS : 820 MARK WEST SPRINGS ROAD
01 CITY : SANTA ROSA
STATE/ZIP : CA 95404
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,852.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,358.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 47.61900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,338,750.00
P & I AMT: 9,122.64 UPB AMT: 1,332,647.84
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 22
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007731854 MORTGAGORS: SMITH STEVEN
MEDEIROS ANA
REGION CODE ADDRESS : 4316 NORTH LARWIN AVENUE
01 CITY : CONCORD
STATE/ZIP : CA 94521
MORTGAGE AMOUNT : 239,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,654.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,634.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007731946 MORTGAGORS: GLEICHER STEVEN
UNELL LOUISE
REGION CODE ADDRESS : 5787 TRAILWOOD DRIVE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95404
MORTGAGE AMOUNT : 476,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 474,537.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,287.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007731987 MORTGAGORS: BLANCHETTE TYRONE
BLANCHETTE KEELEY
REGION CODE ADDRESS : 1489 HAMPTON DRIVE
01 CITY : SUNNYVALE
STATE/ZIP : CA 94087
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,289.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007732019 MORTGAGORS: FOX BRIAN
FOX JACQUELINE
REGION CODE ADDRESS : 16217 ALPINE PLACE
01 CITY : LA MIRADA
STATE/ZIP : CA 90638
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,942.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,320.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007734635 MORTGAGORS: BAILEY STEVEN
BAILEY GAYLE
REGION CODE ADDRESS : 640 BRADFORD ROAD
01 CITY : EL CAJON
STATE/ZIP : CA 92019
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,356.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,591,600.00
P & I AMT: 10,906.45 UPB AMT: 1,586,781.44
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 23
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007734783 MORTGAGORS: MOSES ANDREW
MOSES SUSAN
REGION CODE ADDRESS : 6491 DEERBROOK ROAD
01 CITY : OAK PARK
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,691.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 55.71806
----------------------------------------------------------------------------
0 0007734957 MORTGAGORS: CLARK WILLIAM
CLARK SIGITA
REGION CODE ADDRESS : 20789 MALCOLM AVENUE
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 815,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 813,626.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,353.98 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.61900
----------------------------------------------------------------------------
0 0007735533 MORTGAGORS: BALLOU JOHN
BALLOU LYNN
REGION CODE ADDRESS : 231 ORCHARD ROAD
01 CITY : ORINDA
STATE/ZIP : CA 94563
MORTGAGE AMOUNT : 434,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 433,198.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,038.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.28800
----------------------------------------------------------------------------
0 0007735954 MORTGAGORS: ARCHER KING
REGION CODE ADDRESS : 13 GUADALMINA DRIVE
01 CITY : DANA POINT
STATE/ZIP : CA 92629
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 498,425.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,410.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.42800
----------------------------------------------------------------------------
0 0007736556 MORTGAGORS: ARULAMPALAM NARESH
ARULAMPALAM SUHANTHI
REGION CODE ADDRESS : 11746 MONTE LEON WAY
01 CITY : NORTHRIDGE
STATE/ZIP : CA 91326
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,860.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,319.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,389,500.00
P & I AMT: 16,143.52 UPB AMT: 2,382,802.22
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 24
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007737224 MORTGAGORS: YAMAGUMA STEVE
TOMA LYNN
REGION CODE ADDRESS : 3641 VIREO AVENUE
01 CITY : SANTA CLARA
STATE/ZIP : CA 95051
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,992.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.70000
----------------------------------------------------------------------------
0 0007737968 MORTGAGORS: BARKER DONALD
BARKER ALISON
REGION CODE ADDRESS : 1279 CURTISS AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 337,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,015.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,385.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 74.88800
----------------------------------------------------------------------------
0 0007738271 MORTGAGORS: WASHIASHI JEFFREY
WASHIASHI SUSAN
REGION CODE ADDRESS : 18418 MOUNT CHERIE CIRCLE
01 CITY : FOUNTAIN VALLEY
STATE/ZIP : CA 92708
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,261.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,061.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007738479 MORTGAGORS: COHEN SERGE
COHEN WENDY
REGION CODE ADDRESS : 24611 CATALONIA CIRCLE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92691
MORTGAGE AMOUNT : 260,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,378.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,820.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007738487 MORTGAGORS: ZINKAN RICHARD
ZINKAN JEANETTE
REGION CODE ADDRESS : 461 COUNTRY HILL ROAD
01 CITY : ANAHEIM
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,270.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,114.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.95744
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,533,400.00
P & I AMT: 10,565.33 UPB AMT: 1,528,917.76
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 25
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007738495 MORTGAGORS: SLAVICK KURT
SLAVICK SUZY
REGION CODE ADDRESS : 145 SOUTH LA PEER DRIVE
01 CITY : BEVERLY HILLS
STATE/ZIP : CA 90211
MORTGAGE AMOUNT : 354,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,219.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,478.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 55.37500
----------------------------------------------------------------------------
0 0007738511 MORTGAGORS: FIANCE ROBERT
FIANCE BETH
REGION CODE ADDRESS : 2645 COUNTRY LANE
01 CITY : WESTLAKE VILLAGE
STATE/ZIP : CA 91361
MORTGAGE AMOUNT : 389,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 387,762.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,723.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.55357
----------------------------------------------------------------------------
0 0007738529 MORTGAGORS: ENNIS CRAIG
ENNIS VICKIE
REGION CODE ADDRESS : 2195 CHANDLER DRIVE
01 CITY : TUSTIN
STATE/ZIP : CA 92782
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 518,402.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,591.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.53246
----------------------------------------------------------------------------
0 0007738537 MORTGAGORS: ELLIOTT GRAYDON
REGION CODE ADDRESS : 572 SPRINGFIELD AVENUE
01 CITY : OCEANSIDE
STATE/ZIP : CA 92057
MORTGAGE AMOUNT : 238,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,785.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,667.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007738552 MORTGAGORS: BROWN JOHN
BROWN VICTORIA
REGION CODE ADDRESS : 3 SANTA CATALINA
01 CITY : RANCHO SANTA MARGARITA AR
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,366.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,052.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 89.23077
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,792,400.00
P & I AMT: 12,513.23 UPB AMT: 1,786,535.56
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 26
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007738578 MORTGAGORS: REARDON WILLIAM
REARDON CHRISTINE
REGION CODE ADDRESS : 8881 DORSETT DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,255.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007738586 MORTGAGORS: MOXLEY PATRICK
MOXLEY MARY
REGION CODE ADDRESS : 32922 BROOKSEED DRIVE
01 CITY : TRABUCO CANYON
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 338,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,926.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,392.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 76.81818
----------------------------------------------------------------------------
0 0007738594 MORTGAGORS: GOLDSTEIN RONALD
GOLDSTEIN ANITA
REGION CODE ADDRESS : 28575 MALABAR ROAD
01 CITY : TRABUCO CANYON
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 240,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,878.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,682.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.83300
----------------------------------------------------------------------------
0 0007738602 MORTGAGORS: WONG CARLTON
WATANABE MARCIA
REGION CODE ADDRESS : 4221 VIA VALMONTE
01 CITY : PALOS VERDES ESTATES
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 375,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,989.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,527.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007738610 MORTGAGORS: IRWIN DAVID
IRWIN SHEILA
REGION CODE ADDRESS : 6526 PINION STREET
01 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,156.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,120.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 89.96900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,573,800.00
P & I AMT: 10,960.85 UPB AMT: 1,569,206.19
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 27
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007738628 MORTGAGORS: VILLAFUERTE CONRAD
VILLAFUERTE LAURA
REGION CODE ADDRESS : 8752 HUDSON RIVER CIRCLE
01 CITY : FOUNTAIN VALLEY
STATE/ZIP : CA 92708
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,431.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,840.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.38900
----------------------------------------------------------------------------
0 0007738636 MORTGAGORS: MARKUS RICHARD
MARKUS LISA
REGION CODE ADDRESS : 2105 #A PULLMAN LANE
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90278
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,111.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.02500
----------------------------------------------------------------------------
0 0007738644 MORTGAGORS: TALLEY ROBYNE
OLSON CHRIS
REGION CODE ADDRESS : 913 PATRICIA WAY
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94903
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,384.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,851.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 57.02100
----------------------------------------------------------------------------
0 0007738651 MORTGAGORS: MATTOX TYLER
MATTOX H.
REGION CODE ADDRESS : 868 WILSON STREET
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,105.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,165.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 64.42100
----------------------------------------------------------------------------
0 0007738669 MORTGAGORS: RUHFUS FRANK
RUHFUS PUSHPA
REGION CODE ADDRESS : 2924 WINLOCK ROAD
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 231,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,041.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,560.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,350,600.00
P & I AMT: 9,361.68 UPB AMT: 1,347,074.96
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 28
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007738677 MORTGAGORS: CHALMERS RODERICK
CHALMERS ANDREA
REGION CODE ADDRESS : 1104 DANA DRIVE
01 CITY : COSTA MESA
STATE/ZIP : CA 92626
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,396.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,684.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 62.50000
----------------------------------------------------------------------------
0 0007738685 MORTGAGORS: SIDES SAM
SIDES CINDY
REGION CODE ADDRESS : 3 HENRY
01 CITY : IRVINE
STATE/ZIP : CA 92620
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,637.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,013.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/18
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.12500
----------------------------------------------------------------------------
0 0007738693 MORTGAGORS: MCDONOUGH JOSEPH
MCDONOUGH JULIE
REGION CODE ADDRESS : 39 FRANCISCAN PLACE
01 CITY : POMONA
STATE/ZIP : CA 91766
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,295.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.00000
----------------------------------------------------------------------------
0 0007738701 MORTGAGORS: CANTEEN JAMES
CANTEEN ALICE
REGION CODE ADDRESS : 7919 SAN FELIPE STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92114
MORTGAGE AMOUNT : 130,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 129,801.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 897.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.20300
----------------------------------------------------------------------------
0 0007738719 MORTGAGORS: COYLE-MILLER CYNTHIA
REGION CODE ADDRESS : 9036 DAVID AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90034
MORTGAGE AMOUNT : 340,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,698.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,322.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,255,500.00
P & I AMT: 8,815.11 UPB AMT: 1,251,828.39
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 29
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007738743 MORTGAGORS: COTTLE WILLIAM
COTTLE KYMBERLY
REGION CODE ADDRESS : 18808 SANTA ISADORA STREET
01 CITY : FOUNTAIN VALLEY
STATE/ZIP : CA 92708
MORTGAGE AMOUNT : 330,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,491.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,280.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.63000
----------------------------------------------------------------------------
0 0007738776 MORTGAGORS: SABRAW DANA
STEPHAN SUMMER
REGION CODE ADDRESS : 10752 SUNSET RIDGE DRIVE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,088.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,208.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007738784 MORTGAGORS: SCHAUB KENNETH
SCHAUB DEBORAH
REGION CODE ADDRESS : 1943 OBERLIN AVENUE
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91360
MORTGAGE AMOUNT : 271,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,645.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007738792 MORTGAGORS: CURRY PHILLIP
CURRY CHRYSTYNE
REGION CODE ADDRESS : 17655 BELLE HELENE COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92128
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,174.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,787.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007738800 MORTGAGORS: DOBBS STEVEN
DOBBS JUNE
REGION CODE ADDRESS : 1840 CONEJO LANE
01 CITY : FULLERTON
STATE/ZIP : CA 92833
MORTGAGE AMOUNT : 293,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,742.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,051.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.94500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,469,150.00
P & I AMT: 10,180.20 UPB AMT: 1,465,142.29
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 30
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007738818 MORTGAGORS: MCMILLIN JAMES
MCMILLIN NANCY
REGION CODE ADDRESS : 17361 HOLIDAY DRIVE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,187.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,633.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007738826 MORTGAGORS: VOLPI ROCCI
VOLPI LORETTA
REGION CODE ADDRESS : 725 SOUTH RIDGEMARK DRIVE
01 CITY : HOLLISTER
STATE/ZIP : CA 95023
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,388.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,981.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007738834 MORTGAGORS: ZHU YUN
WANG XUEYAN
REGION CODE ADDRESS : 330 BEACH PARK BOULEVARD
01 CITY : FOSTER CITY
STATE/ZIP : CA 94404
MORTGAGE AMOUNT : 452,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 450,578.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,083.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007738842 MORTGAGORS: DUKHOVNY ALEC
DUKHOVNY TATYANA
REGION CODE ADDRESS : 277 16TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94118
MORTGAGE AMOUNT : 358,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,197.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,503.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 58.68800
----------------------------------------------------------------------------
0 0007738859 MORTGAGORS: ASHE JON
REGION CODE ADDRESS : 294 IGNACIO VALLEY CIRCLE
01 CITY : NOVATO
STATE/ZIP : CA 94949
MORTGAGE AMOUNT : 299,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,579.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,092.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,761,250.00
P & I AMT: 12,293.86 UPB AMT: 1,756,931.66
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 31
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007738867 MORTGAGORS: YAO CHIA-YIAO
ZHANG CHUN
REGION CODE ADDRESS : 335 GRAU DRIVE
01 CITY : FREMONT
STATE/ZIP : CA 94536
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,324.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,030.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------------------
0 0007738875 MORTGAGORS: TOWNSEND BRETT
TOWNSEND KIMBERLY
REGION CODE ADDRESS : 2327 BEN HUR COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,956.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,262.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 63.07900
----------------------------------------------------------------------------
0 0007738909 MORTGAGORS: SCHUTTS BRADFORD
REGION CODE ADDRESS : 3789 PONDEROSA WAY
01 CITY : PALM SPRINGS
STATE/ZIP : CA 92262
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,786.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,637.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.93700
----------------------------------------------------------------------------
0 0007738917 MORTGAGORS: ARNOLD TIMOTHY
ARNOLD KIM
REGION CODE ADDRESS : 2119 WOOD ROAD
01 CITY : FULTON
STATE/ZIP : CA 95439
MORTGAGE AMOUNT : 275,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,247.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,952.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.57500
----------------------------------------------------------------------------
0 0007738966 MORTGAGORS: NAJARIAN PAUL
NAJARIAN VIRGINIA
REGION CODE ADDRESS : 5460 SMOKEY MOUNTAIN WAY
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 393,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 392,802.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,653.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.98700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,546,650.00
P & I AMT: 10,535.32 UPB AMT: 1,542,117.81
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 32
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007738974 MORTGAGORS: EHRET JASON
EHRET JEANINE
REGION CODE ADDRESS : 1324 9TH STREET
01 CITY : CORONADO
STATE/ZIP : CA 92118
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,238.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,377.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007738982 MORTGAGORS: CONGDON ALIA
CHARLES DUTTCH
REGION CODE ADDRESS : 800 BOCCACCIO AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90291
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,388.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,981.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007739022 MORTGAGORS: SACHS SANDRA
GANS ROBIN
REGION CODE ADDRESS : 930 NORTH WETHERLY DRIVE #302
01 CITY : WEST HOLLYWOOD
STATE/ZIP : CA 90069
MORTGAGE AMOUNT : 345,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,207.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,382.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007739048 MORTGAGORS: DOYLE JONATHAN
DOYLE NATHALIE
REGION CODE ADDRESS : 6704 RANDIWOOD LANE
01 CITY : LOS ANGELOS,WEST HILLS AR
STATE/ZIP : CA 91307
MORTGAGE AMOUNT : 287,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,935.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,963.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------------------
0 0007739055 MORTGAGORS: JHA SWAPAN
JHA RINA
REGION CODE ADDRESS : 5 CRAGMONT COURT
01 CITY : SAN MATEO
STATE/ZIP : CA 94403
MORTGAGE AMOUNT : 512,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 510,852.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,579.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,764,900.00
P & I AMT: 12,285.96 UPB AMT: 1,760,622.16
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 33
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007739071 MORTGAGORS: ABRAMS JOSEPH
TOLEIKIS JENNIFER
REGION CODE ADDRESS : 64 GLADYS ST
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94110
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,378.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,800.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007739089 MORTGAGORS: ROSE WENDY
ROSE ERIK
REGION CODE ADDRESS : 6450 CASA VISTA DRIVE
01 CITY : LOOMIS
STATE/ZIP : CA 95650
MORTGAGE AMOUNT : 293,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,353.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,976.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.96932
----------------------------------------------------------------------------
0 0007739105 MORTGAGORS: JOHNSON MARK
JOHNSON SHAUN
REGION CODE ADDRESS : 957 SNYDER LANE
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94598
MORTGAGE AMOUNT : 264,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,076.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,805.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 56.31900
----------------------------------------------------------------------------
0 0007739121 MORTGAGORS: TATE ROBERT
TATE AMY
REGION CODE ADDRESS : 18121 MOUNTAIN VIEW COURT
01 CITY : LOS GATOS
STATE/ZIP : CA 95033
MORTGAGE AMOUNT : 313,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,861.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,139.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007739154 MORTGAGORS: COHEN MICHAEL
COHEN VICTORIA
REGION CODE ADDRESS : 3922 22ND STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94114
MORTGAGE AMOUNT : 400,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,879.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,768.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,536,400.00
P & I AMT: 10,490.24 UPB AMT: 1,532,549.64
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 34
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007739162 MORTGAGORS: KAUFER DAVID
KAUFER RENEE
REGION CODE ADDRESS : 1817 SINCLAIR DRIVE
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 273,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,939.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,843.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007739170 MORTGAGORS: BEESE MICHAEL
REGION CODE ADDRESS : 1738 17TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94122
MORTGAGE AMOUNT : 333,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,833.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,304.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007739188 MORTGAGORS: ROMERO LEO
FLANDERS MARIAN
REGION CODE ADDRESS : 27490 OAKSIDE DRIVE
01 CITY : DAVIS
STATE/ZIP : CA 95616
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,249.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007739196 MORTGAGORS: CHUA JOHNSY
CHUA THERESA
REGION CODE ADDRESS : 109 GLASGOW LANE
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 544,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 543,947.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,716.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007739204 MORTGAGORS: GARCIA DAVID
GARCIA MARIA
REGION CODE ADDRESS : 3794 COUNTRY CLUB DRIVE
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94061
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,230.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,754.01 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 51.34600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,715,000.00
P & I AMT: 11,562.42 UPB AMT: 1,711,200.97
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 35
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007739212 MORTGAGORS: AHLSTROM CRAIG
REGION CODE ADDRESS : 2085 WEST CALIFORNIA STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92110
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,171.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,964.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.57100
----------------------------------------------------------------------------
0 0007739238 MORTGAGORS: MOZENA JULIE
GREENWOOD TREVOR
REGION CODE ADDRESS : 196 THE ALAMEDA
01 CITY : SAN ANSELMO
STATE/ZIP : CA 94960
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,274.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,101.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007739253 MORTGAGORS: PATTI PHILIP
PATTI GRETCHEN
REGION CODE ADDRESS : 3575 RIDGE ROAD
01 CITY : TEMPLETON
STATE/ZIP : CA 93465
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,435.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,093.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/18
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 55.10200
----------------------------------------------------------------------------
0 0007739261 MORTGAGORS: RHODIE JEFFREY
CHAUM DEBRA
REGION CODE ADDRESS : 1273 GUERRERO STREET #202
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94110
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,209.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,375.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007739303 MORTGAGORS: MULLEN BARRY
MULLEN MARY
REGION CODE ADDRESS : 2486 IVORY WAY
01 CITY : OXNARD
STATE/ZIP : CA 93030
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,219.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,889.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 72.16200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,477,000.00
P & I AMT: 10,424.83 UPB AMT: 1,472,311.27
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 36
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007739329 MORTGAGORS: DILEVA ANTHONY
DILEVA KIMBERLY
REGION CODE ADDRESS : 1720 WEST 26TH STREET
01 CITY : SAN PEDRO AREA
STATE/ZIP : CA 90732
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,670.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,692.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.38400
----------------------------------------------------------------------------
0 0007739360 MORTGAGORS: SPAETH OLIVER
SPAETH LAURA
REGION CODE ADDRESS : 2375 SUNFLOWER CIRCLE
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 395,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 394,085.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,730.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 63.75800
----------------------------------------------------------------------------
0 0007739378 MORTGAGORS: PARK CHUL
PARK YOON
REGION CODE ADDRESS : 1161 CREEKWOOD DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95129
MORTGAGE AMOUNT : 315,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,505.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,181.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.67100
----------------------------------------------------------------------------
0 0007739386 MORTGAGORS: LAI PATRICK
LAI POLLY
REGION CODE ADDRESS : 15183 ORION ROAD
01 CITY : SAN LEANDRO
STATE/ZIP : CA 94579
MORTGAGE AMOUNT : 308,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,698.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,184.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------------------
0 0007739402 MORTGAGORS: BANDANZA PAUL
BANDANZA LIANE
REGION CODE ADDRESS : 15371 STRATFORD DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 300,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,109.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,077.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,565,600.00
P & I AMT: 10,866.07 UPB AMT: 1,560,069.19
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 37
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007739410 MORTGAGORS: SPEKTOR SEMYON
SPEKTOR TATYANA
REGION CODE ADDRESS : 766 33RD AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94121
MORTGAGE AMOUNT : 365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,906.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,552.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 59.83600
----------------------------------------------------------------------------
0 0007739428 MORTGAGORS: EDWARDS JEFFREY
EDWARDS MARY
REGION CODE ADDRESS : 1682 23RD AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94122
MORTGAGE AMOUNT : 323,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,258.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,230.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.97200
----------------------------------------------------------------------------
0 0007739436 MORTGAGORS: JENKINS ROBERT
JENKINS NANCY
REGION CODE ADDRESS : 1411 PLEASANT HILL ROAD
01 CITY : SEBASTOPOL
STATE/ZIP : CA 95472
MORTGAGE AMOUNT : 725,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 723,778.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,762.74 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 65.90900
----------------------------------------------------------------------------
0 0007739444 MORTGAGORS: TORRES ALMA
REGION CODE ADDRESS : 3251 VINTAGE OAKS COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95148
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,625.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,049.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007739451 MORTGAGORS: HARRELL DOUGLAS
HARRELL VERNICE
REGION CODE ADDRESS : 609 ARCADIA TERRACE #201
01 CITY : SUNNYVALE
STATE/ZIP : CA 94086
MORTGAGE AMOUNT : 253,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,052.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,730.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,974,650.00
P & I AMT: 13,325.26 UPB AMT: 1,969,621.39
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 38
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007739485 MORTGAGORS: HSU STELLA
HSU HILARY
REGION CODE ADDRESS : 10 JADE PLACE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94131
MORTGAGE AMOUNT : 556,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 555,192.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,935.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 76.16400
----------------------------------------------------------------------------
0 0007739493 MORTGAGORS: SCHOUSTRA RICHARD
ROGERS HOLLY
REGION CODE ADDRESS : 1350 COLUMBUS AVENUE
01 CITY : BURLINGAME
STATE/ZIP : CA 94010
MORTGAGE AMOUNT : 395,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 393,756.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 53.02000
----------------------------------------------------------------------------
0 0007740335 MORTGAGORS: LISOWSKI FRANK
LISOWSKI CAREY
REGION CODE ADDRESS : 5636 BERGAMO COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95118
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,366.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,052.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 51.32743
----------------------------------------------------------------------------
0 0007747140 MORTGAGORS: RIORDAN STEPHEN
REGION CODE ADDRESS : 164 PAGE ROAD
01 CITY : VALLEY STREAM
STATE/ZIP : NY 11581
MORTGAGE AMOUNT : 149,990.00 OPTION TO CONVERT :
UNPAID BALANCE : 149,529.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,035.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.06000
----------------------------------------------------------------------------
0 0007747165 MORTGAGORS: WALKER ALAN
REGION CODE ADDRESS : 59 SCOFIELD ROAD
01 CITY : POUND RIDGE
STATE/ZIP : NY 10576
MORTGAGE AMOUNT : 58,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 58,220.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 403.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 14.97435
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,449,390.00
P & I AMT: 10,121.84 UPB AMT: 1,446,064.98
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 39
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007747215 MORTGAGORS: TARNOVE EDNA
REGION CODE ADDRESS : 3200 PORT ROYALE DR N # 807
01 CITY : FORT LAUDERDALE
STATE/ZIP : FL 33308
MORTGAGE AMOUNT : 144,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 143,694.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 996.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.00000
----------------------------------------------------------------------------
0 0007747223 MORTGAGORS: MCKENNA TIMOTHY
DURIGAN MARY
REGION CODE ADDRESS : 5820 SATEL DRIVE
01 CITY : ORLANDO
STATE/ZIP : FL 32810
MORTGAGE AMOUNT : 138,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 137,413.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 906.56 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007747231 MORTGAGORS: SANDS JAMES
SANDS FELICIA
REGION CODE ADDRESS : 4100 GALT OCEAN DRIVE UNIT 203
01 CITY : FORT LAUDERDALE
STATE/ZIP : FL 33308
MORTGAGE AMOUNT : 115,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 114,557.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 794.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007747264 MORTGAGORS: SIDERMAN MIRTA
REGION CODE ADDRESS : 277 SOUTH SPALDDING DRIVE UNIT 203
01 CITY : BEVERLY HILLS
STATE/ZIP : CA 90212
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 390,795.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,707.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007747330 MORTGAGORS: ANSELMO KAREN
ANSELMO ALBERT
REGION CODE ADDRESS : 39 CARNATION RD
01 CITY : LEVITTOWN
STATE/ZIP : NY 11756
MORTGAGE AMOUNT : 128,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 127,327.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 884.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 55.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 917,250.00
P & I AMT: 6,288.66 UPB AMT: 913,788.09
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 40
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007747355 MORTGAGORS: JANSEN JOHN
JANSEN WAYNE
REGION CODE ADDRESS : 99 WINDFLOWER N E
01 CITY : COMSTOCK PARK
STATE/ZIP : MI 49321
MORTGAGE AMOUNT : 150,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 149,422.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,036.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007747363 MORTGAGORS: COLAVECCHIO NICHOLAS
REGION CODE ADDRESS : 75-77 LANCASTER ROAD
01 CITY : WEST HARTFORD
STATE/ZIP : CT 06107
MORTGAGE AMOUNT : 144,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 143,638.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,094.50 OUTSIDE CONV DATE :
LIFETIME RATE : 8.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 8.37500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007747371 MORTGAGORS: BAKER DAVID
BAKER MELANIE
REGION CODE ADDRESS : 17080 TOMAHAWK TRAIL
01 CITY : PLYMOUTH
STATE/ZIP : IN 46563
MORTGAGE AMOUNT : 92,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 92,016.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 637.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.24700
----------------------------------------------------------------------------
0 0007747389 MORTGAGORS: LANGFORD R
LANGFORD SHERRI
REGION CODE ADDRESS : 15815 RALEIGH OAK LANE
01 CITY : CYPRESS
STATE/ZIP : TX 77429
MORTGAGE AMOUNT : 121,965.00 OPTION TO CONVERT :
UNPAID BALANCE : 121,539.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 842.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007747397 MORTGAGORS: STRONG WILLIAM
STRONG URSULA
REGION CODE ADDRESS : 13818 WALKERS CREEK DRIVE
01 CITY : CHARLOTTE
STATE/ZIP : NC 28273
MORTGAGE AMOUNT : 130,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 129,600.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 897.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 65.58800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 638,265.00
P & I AMT: 4,508.28 UPB AMT: 636,216.97
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 41
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007747405 MORTGAGORS: HEIL TODD
REGION CODE ADDRESS : 2355 ALDEN WOODS DRIVE
01 CITY : JONESBORO
STATE/ZIP : GA 30236
MORTGAGE AMOUNT : 118,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 118,144.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 828.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007747439 MORTGAGORS: MOLDERS MARIA
MOLDERS ERIC
REGION CODE ADDRESS : 563 WILLOW GROVE ROAD
01 CITY : STONY POINT
STATE/ZIP : NY 10980
MORTGAGE AMOUNT : 175,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 174,365.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,238.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007747579 MORTGAGORS: EYZAGUIRRE ROBERTO
EYZAGUIRRE JUNE
REGION CODE ADDRESS : 9627 VAL VERDE
01 CITY : HOUSTON
STATE/ZIP : TX 77063
MORTGAGE AMOUNT : 109,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 109,163.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 756.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007747611 MORTGAGORS: ZABALA JOSE
ZABALA SANTA
REGION CODE ADDRESS : 1184 PARKWOOD PLACE
01 CITY : BROWNSVILLE
STATE/ZIP : TX 78520
MORTGAGE AMOUNT : 94,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 93,711.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 649.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007747629 MORTGAGORS: HETHERINGTON JUDY
REGION CODE ADDRESS : 336 OLMSTED RD
01 CITY : RIVERSIDE
STATE/ZIP : IL 60546
MORTGAGE AMOUNT : 198,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 197,890.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,370.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.49874
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 695,500.00
P & I AMT: 4,843.72 UPB AMT: 693,275.46
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 42
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007747637 MORTGAGORS: SHARP PAUL
SHARP SUSAN
REGION CODE ADDRESS : 113 RIVER BEND DRIVE
01 CITY : DAGSBORO
STATE/ZIP : DE 19939
MORTGAGE AMOUNT : 90,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 89,421.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 621.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007747652 MORTGAGORS: JOHNSON ROBERT
REGION CODE ADDRESS : 200 EVERGREEN LANE
01 CITY : YORK
STATE/ZIP : PA 17404
MORTGAGE AMOUNT : 92,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 92,542.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 641.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007747660 MORTGAGORS: RODRIGUEZ MAURA
REGION CODE ADDRESS : 1400 HERMANN DRIVE UNIT 3H
01 CITY : HOUSTON
STATE/ZIP : TX 77004
MORTGAGE AMOUNT : 114,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 113,859.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 789.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.00000
----------------------------------------------------------------------------
0 0007747678 MORTGAGORS: HARLLEE SUZANNE
REGION CODE ADDRESS : 7076 WILDWOOD CIRCLE UNIT 169
01 CITY : LOUISVILLE
STATE/ZIP : KY 40291
MORTGAGE AMOUNT : 60,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 59,768.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 414.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007747694 MORTGAGORS: GOODNIGHT SUE
REGION CODE ADDRESS : 7707 ROYAL LANE
01 CITY : DALLAS
STATE/ZIP : TX 75230
MORTGAGE AMOUNT : 135,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 134,426.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 886.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 492,200.00
P & I AMT: 3,353.95 UPB AMT: 490,018.90
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 43
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007747702 MORTGAGORS: TUBESING LEE
REGION CODE ADDRESS : 595 KINGS PEAK DRIVE
01 CITY : ALPHARETTA
STATE/ZIP : GA 30022
MORTGAGE AMOUNT : 218,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 217,330.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,505.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007748049 MORTGAGORS: GRIFFITH SCOTT
GRIFFITH CYNTHIA
REGION CODE ADDRESS : 3533 SOARING EAGLE LANE
01 CITY : CASTLE ROCK
STATE/ZIP : CO 80104
MORTGAGE AMOUNT : 255,920.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,255.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,659.89 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007748098 MORTGAGORS: AVAKYANTS SARKIS
REGION CODE ADDRESS : 1446 ALLEN AVENUE
01 CITY : GLENDALE
STATE/ZIP : CA 91201
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,201.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,005.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007752785 MORTGAGORS: MANGIAMELI LEONARD
MANGIAMELI EVELYN
REGION CODE ADDRESS : 3129 MCKINLEY WAY
03 CITY : COSTA MESA
STATE/ZIP : CA 92626
MORTGAGE AMOUNT : 213,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 213,140.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,531.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007754245 MORTGAGORS: DUNCAN DAREN
DUNCAN MELODY
REGION CODE ADDRESS : 12795 WOLFF COURT
01 CITY : BROOMFIELD
STATE/ZIP : CO 80020
MORTGAGE AMOUNT : 229,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 227,989.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,620.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 88.07600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,196,670.00
P & I AMT: 8,323.69 UPB AMT: 1,192,917.70
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 44
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007754401 MORTGAGORS: DE FOREST RICHARD
DE FOREST GABRIELLE
REGION CODE ADDRESS : 3 MOUNTAIN GATE
01 CITY : COTO DE CAZA AREA
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 401,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,017.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,771.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007754419 MORTGAGORS: RAMOS DWIGHT
RAMOS IMELDA
REGION CODE ADDRESS : 16 VIA BABERA
01 CITY : RANCHO SANTA MARGARITA AR
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 302,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,919.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,039.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99883
----------------------------------------------------------------------------
0 0007754427 MORTGAGORS: REILLY MICHAEL
REILLY ROSE
REGION CODE ADDRESS : 16888 ST. ANDREWS DRIVE
01 CITY : POWAY
STATE/ZIP : CA 92064
MORTGAGE AMOUNT : 351,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,411.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,399.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.14800
----------------------------------------------------------------------------
0 0007754492 MORTGAGORS: BROOKENS BENJAMIN
BROOKENS CAROL
REGION CODE ADDRESS : 4386 ARCADIAN DRIVE EAST
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94546
MORTGAGE AMOUNT : 295,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,646.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,991.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007754500 MORTGAGORS: WILLIAMS DAVID
WILLIAMS DANA
REGION CODE ADDRESS : 15305 METROPOL DRIVE
01 CITY : HACIENDA HEIGHTS
STATE/ZIP : CA 91745
MORTGAGE AMOUNT : 346,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,381.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,334.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,697,800.00
P & I AMT: 11,536.18 UPB AMT: 1,692,375.91
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 45
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007754542 MORTGAGORS: STAMPER ROBERT
STAMPER JUDITH
REGION CODE ADDRESS : 212 VIRGINIA PLACE
01 CITY : COSTA MESA
STATE/ZIP : CA 92627
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,144.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,149.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007754567 MORTGAGORS: HALLET JENNIFER
REGION CODE ADDRESS : 1919 RUHLAND AVENUE #A
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90278
MORTGAGE AMOUNT : 359,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,444.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,359.69 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007754575 MORTGAGORS: THOMAS RICHARD
THOMAS JENNIWATI
REGION CODE ADDRESS : 5287 RURAL RIDGE CIRCLE
01 CITY : ANAHEIM
STATE/ZIP : CA 92807
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,099.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,951.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007754583 MORTGAGORS: VANDERPOEL WILLIAM
VANDERPOEL NICOLE
REGION CODE ADDRESS : 330 MCARTHUR DRIVE
01 CITY : LITTLETON
STATE/ZIP : CO 80124
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,226.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,003.63 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.77700
----------------------------------------------------------------------------
0 0007754625 MORTGAGORS: DOWNES JOSEPH
DOWNES LESA
REGION CODE ADDRESS : 1160 VALLECITO COURT
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 499,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 497,853.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,446.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 53.08510
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,749,200.00
P & I AMT: 11,910.05 UPB AMT: 1,743,769.56
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 46
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007754633 MORTGAGORS: TOWNSLEY DAVID
VENNING-TOWNSLEY FRANCESCA
REGION CODE ADDRESS : 10960 LUCKY OAK STREET
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 456,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 454,454.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,995.60 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007754641 MORTGAGORS: SAXTON MARK
SAXTON ZELDA
REGION CODE ADDRESS : 2016 ORION COURT
01 CITY : SAN LEANDRO
STATE/ZIP : CA 94579
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,945.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,285.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.97600
----------------------------------------------------------------------------
0 0007754658 MORTGAGORS: BERCAW MARC
REGION CODE ADDRESS : 22154 OLD SANTA CRUZ HIGHWAY
01 CITY : LOS GATOS
STATE/ZIP : CA 95030
MORTGAGE AMOUNT : 295,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,521.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,038.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007754666 MORTGAGORS: PUTRIS GEORGE
PUTRIS NANCY
REGION CODE ADDRESS : 642 WOODMONT AVENUE
01 CITY : BERKELEY
STATE/ZIP : CA 94708
MORTGAGE AMOUNT : 495,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 493,402.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,334.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007754674 MORTGAGORS: AMEIREH NASIR
REGION CODE ADDRESS : 2919 SALVINO COURT
01 CITY : RICHMOND
STATE/ZIP : CA 94803
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,184.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,901.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,853,200.00
P & I AMT: 12,556.53 UPB AMT: 1,847,508.95
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 47
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007754690 MORTGAGORS: JONES ANITA
POULIN WILLIAM
REGION CODE ADDRESS : 6 DUBLIN COURT
01 CITY : PLEASANT HILL
STATE/ZIP : CA 94523
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,181.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,981.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.67567
----------------------------------------------------------------------------
0 0007754708 MORTGAGORS: TANG BENJAMIN
TANG ANNE
REGION CODE ADDRESS : 173 GLASGOW LANE
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 448,511.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,993.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 52.02312
----------------------------------------------------------------------------
0 0007754716 MORTGAGORS: WU ZHENRONG
LIN HONG
REGION CODE ADDRESS : 20958 SHERMAN DRIVE
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 260,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,779.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,777.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98600
----------------------------------------------------------------------------
0 0007754740 MORTGAGORS: MILLER-HEALY NICOLE
HEALY JAMES
REGION CODE ADDRESS : 863 WOODLAND AVENUE
01 CITY : MENLO PARK
STATE/ZIP : CA 94025
MORTGAGE AMOUNT : 380,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,651.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,662.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007754757 MORTGAGORS: HUNSICKER GRANT
HUNSICKER TRACY
REGION CODE ADDRESS : 223 DONEGAL WAY
01 CITY : MARTINEZ
STATE/ZIP : CA 96553
MORTGAGE AMOUNT : 255,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,285.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.99000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,626,450.00
P & I AMT: 11,199.40 UPB AMT: 1,621,409.66
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 48
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007754765 MORTGAGORS: BRANICH THOMAS
BRANICH DEBORAH
REGION CODE ADDRESS : 104 LA ENCINAL COURT
01 CITY : CLAYTON
STATE/ZIP : CA 94517
MORTGAGE AMOUNT : 337,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,734.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,357.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007754781 MORTGAGORS: FAKIH NASSER
NAVARRO JILL
REGION CODE ADDRESS : 2465 VERWOOD DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95130
MORTGAGE AMOUNT : 265,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,784.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,834.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007754849 MORTGAGORS: CIVELLO JOSEPH
KAW ROSE
REGION CODE ADDRESS : 1501 OWLS PERCH PLACE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95409
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,322.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,822.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99579
----------------------------------------------------------------------------
0 0007754880 MORTGAGORS: HERBER STEVEN
JONES-HERBER KATHERINE
REGION CODE ADDRESS : 1172 MEADOWCREEK CIRCLE
01 CITY : ST. HELENA
STATE/ZIP : CA 94574
MORTGAGE AMOUNT : 383,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,141.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,677.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.98362
----------------------------------------------------------------------------
0 0007754898 MORTGAGORS: GILGER STEVEN
GILGER PATRICE
REGION CODE ADDRESS : 2383 HIGHVIEW TRAIL
01 CITY : VISTA
STATE/ZIP : CA 92084
MORTGAGE AMOUNT : 333,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,272.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,356.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 67.95918
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,592,800.00
P & I AMT: 11,050.05 UPB AMT: 1,588,255.44
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 49
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007754906 MORTGAGORS: DENT ANDREW
DENT KATHLEEN
REGION CODE ADDRESS : 8138 BRITTANY DRIVE
01 CITY : DUBLIN
STATE/ZIP : CA 94568
MORTGAGE AMOUNT : 416,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 414,223.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,809.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.12600
----------------------------------------------------------------------------
0 0007754914 MORTGAGORS: WOLF DAVID
RING LIZA
REGION CODE ADDRESS : 40 LARRY LANE
01 CITY : OAKLAND
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 464,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 462,427.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,048.15 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007754922 MORTGAGORS: CECIL SCOTT
CECIL KARIN
REGION CODE ADDRESS : 520 MONTEREY DRIVE
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,221.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,719.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007754930 MORTGAGORS: COLIN ENRIQUE
COLIN GEORGINA
REGION CODE ADDRESS : 5960 ASTER DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95123
MORTGAGE AMOUNT : 392,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 390,815.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,674.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------------------
0 0007754955 MORTGAGORS: DORSETT DAVID
DORSETT DOROTHEA
REGION CODE ADDRESS : 3281 MARILYN COURT
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,866.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,455.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,882,000.00
P & I AMT: 12,707.30 UPB AMT: 1,874,553.90
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 50
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007754971 MORTGAGORS: SMITH BENJAMIN
LINEHAN JAIME
REGION CODE ADDRESS : 1722 BEVIN BROOK DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95112
MORTGAGE AMOUNT : 136,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 135,612.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 974.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007754989 MORTGAGORS: RUSSO RICK
RUSSO LORI
REGION CODE ADDRESS : 22694 PICADOR DRIVE
01 CITY : SALINAS
STATE/ZIP : CA 93908
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,993.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007754997 MORTGAGORS: OCAMPO DAVID
OCAMPO SONIA
REGION CODE ADDRESS : 2196 ESTEE COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95133
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,310.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.23500
----------------------------------------------------------------------------
0 0007755010 MORTGAGORS: COOPER BRENT
COOPER SWINDER
REGION CODE ADDRESS : 2195 VISTA ENTRADA
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 298,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,030.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,088.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.60526
----------------------------------------------------------------------------
0 0007755093 MORTGAGORS: MATTHEWS DAVID
MATTHEWS EVA
REGION CODE ADDRESS : 83 HIGH MEADOW LANE
01 CITY : CARMEL AREA
STATE/ZIP : CA 93923
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,183.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,643.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 63.33300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,293,700.00
P & I AMT: 8,880.21 UPB AMT: 1,290,130.14
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 51
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007755101 MORTGAGORS: PETERSON CHARLES
PETERSON REGINA
REGION CODE ADDRESS : 31821 VIA PERDIZ
01 CITY : COTO DE CAZA AREA
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 379,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 378,107.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,585.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.14400
----------------------------------------------------------------------------
0 0007755119 MORTGAGORS: KENNEDY GREGORY
KENNEDY JANEL
REGION CODE ADDRESS : 457 OGLE STREET
01 CITY : COSTA MESA
STATE/ZIP : CA 92627
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,017.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,953.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 67.44100
----------------------------------------------------------------------------
0 0007755135 MORTGAGORS: PANSINI TRACY
PANSINI DANA
REGION CODE ADDRESS : 9829 MCBROOM STREET
01 CITY : SUNLAND AREA
STATE/ZIP : CA 91040
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 448,991.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,146.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.26000
----------------------------------------------------------------------------
0 0007755168 MORTGAGORS: GALLERY LAWRENCE
NIELSEN-GALLERY BRITTA
REGION CODE ADDRESS : 33912 VIA DE AGUA
01 CITY : SAN JUAN CAPISTRANO
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 269,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,792.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,885.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007755176 MORTGAGORS: GRAY MATTHEW
GRAY LISA
REGION CODE ADDRESS : 24662 VIA DEL ORO
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 294,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,607.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,007.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,682,900.00
P & I AMT: 11,578.42 UPB AMT: 1,678,516.59
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 52
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007755184 MORTGAGORS: ABERCROMBIE A.
ABERCROMBIE ANNETTE
REGION CODE ADDRESS : 4295 SMOKETREE AVENUE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 356,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,906.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,458.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007755192 MORTGAGORS: TOLLMAN STANLEY
TOLLMAN HARRIETTE
REGION CODE ADDRESS : 15182 TOURAINE WAY
01 CITY : IRVINE
STATE/ZIP : CA 92604
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,330.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,734.29 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007755218 MORTGAGORS: ARMSTRONG SEAN
ARMSTRONG MELANIE
REGION CODE ADDRESS : 31282 VIA SONORA
01 CITY : SAN JUAN CAPISTRANO
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 236,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,306.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,610.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.98994
----------------------------------------------------------------------------
0 0007755226 MORTGAGORS: HOOD BRIDGETTE
REGION CODE ADDRESS : 11207 ACORO STREET
01 CITY : CERRITOS
STATE/ZIP : CA 90703
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,480.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,812.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 88.33900
----------------------------------------------------------------------------
0 0007755234 MORTGAGORS: HUDDLESTON M.
HUDDLESTON PEGGY
REGION CODE ADDRESS : 13455 MONTSERRAT COURT
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 282,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,080.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,954.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99038
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,389,000.00
P & I AMT: 9,570.31 UPB AMT: 1,385,105.25
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 53
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007755242 MORTGAGORS: ROBINSON JOHN
ROBINSON DIANNE
REGION CODE ADDRESS : 15431 VASSAR STREET
01 CITY : WESTMINSTER
STATE/ZIP : CA 92683
MORTGAGE AMOUNT : 248,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,044.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,655.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007755259 MORTGAGORS: MCMULLEN ROBERT
MCMULLEN REBECCA
REGION CODE ADDRESS : 195 COUNTRY CLUB DRIVE
01 CITY : CASTLE ROCK
STATE/ZIP : CO 80104
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,819.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,558.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 57.51533
----------------------------------------------------------------------------
0 0007755333 MORTGAGORS: LAIRD LYLE
LAIRD LESLIE
REGION CODE ADDRESS : 745 SOUTH COLUMBINE STREET
01 CITY : DENVER
STATE/ZIP : CO 80209
MORTGAGE AMOUNT : 253,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,738.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,706.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.95384
----------------------------------------------------------------------------
0 0007755358 MORTGAGORS: ROBERTS JEFFREY
ROBERTS KAREN
REGION CODE ADDRESS : 1720 HUDSON STREET
01 CITY : DENVER
STATE/ZIP : CO 80220
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,275.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 52.17391
----------------------------------------------------------------------------
0 0007755366 MORTGAGORS: DECKER RONALD
REGION CODE ADDRESS : 5105 ASTA COURT
01 CITY : PLYMOUTH
STATE/ZIP : CA 95669
MORTGAGE AMOUNT : 242,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,524.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,693.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,419,400.00
P & I AMT: 9,635.31 UPB AMT: 1,415,401.93
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 54
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007755408 MORTGAGORS: LEWIS JOSEPH
LEWIS ELIZABETH
REGION CODE ADDRESS : 10062 CYNTHIA DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 295,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,504.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,013.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007755416 MORTGAGORS: LEUPOLD CRAIG
LEUPOLD STEPHANIE
REGION CODE ADDRESS : 11632 VISTA MAR
01 CITY : SANTA ANA AREA
STATE/ZIP : CA 92705
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,392.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,324.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.71200
----------------------------------------------------------------------------
0 0007755424 MORTGAGORS: HURLEY THOMAS
HURLEY KAREN
REGION CODE ADDRESS : 7516 WEST 83RD STREET
01 CITY : PLAYA DEL REY AREA
STATE/ZIP : CA 90293
MORTGAGE AMOUNT : 383,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,120.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,645.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 58.92300
----------------------------------------------------------------------------
0 0007755614 MORTGAGORS: BRADFORD THOMAS
BRADFORD BARBARA
REGION CODE ADDRESS : 492 NOB HILL TRAIL
01 CITY : FRANKTOWN
STATE/ZIP : CO 80116
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,031.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.17073
----------------------------------------------------------------------------
0 0007755697 MORTGAGORS: TALLEY DOUGLAS
REGION CODE ADDRESS : 24027 GENESSEE ROAD
01 CITY : GOLDEN
STATE/ZIP : CO 80401
MORTGAGE AMOUNT : 350,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,764.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,451.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,978,750.00
P & I AMT: 13,455.80 UPB AMT: 1,973,813.95
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 55
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007755804 MORTGAGORS: YANOFSKY JOSEPH
REGION CODE ADDRESS : 8653 EAST MINERAL CIRCLE
01 CITY : ENGLEWOOD
STATE/ZIP : CO 80112
MORTGAGE AMOUNT : 233,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,437.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,569.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.99613
----------------------------------------------------------------------------
0 0007755960 MORTGAGORS: HAMMACK DANIEL
HAMMACK ELENA
REGION CODE ADDRESS : 1411 WOODHAVEN DRIVE
01 CITY : FRANKTOWN
STATE/ZIP : CO 80116
MORTGAGE AMOUNT : 263,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,231.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,733.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------------------
0 0007755986 MORTGAGORS: HAYDEN DEBORAH
WALSH NIGEL
REGION CODE ADDRESS : 63 PAN DE VIDA
01 CITY : SANTA FE
STATE/ZIP : NM 87505
MORTGAGE AMOUNT : 239,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,738.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,656.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 57.10714
----------------------------------------------------------------------------
0 0007756612 MORTGAGORS: HOVLAND KARI
REGION CODE ADDRESS : 40 ORD COURT
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94114
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 313,786.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,175.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.08200
----------------------------------------------------------------------------
0 0007756646 MORTGAGORS: ARIS BRADLEY
MOSS DEBORAH
REGION CODE ADDRESS : 36 CRAWFORD COURT
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94595
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,318.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,916.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,339,750.00
P & I AMT: 9,051.69 UPB AMT: 1,334,511.77
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 56
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007757875 MORTGAGORS: BORN JOHN
BORN JENNIFER
REGION CODE ADDRESS : 16872 WEST 65TH CIRCL
01 CITY : ARVADA
STATE/ZIP : CO 80007
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,914.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,875.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.32400
----------------------------------------------------------------------------
0 0007759061 MORTGAGORS: BROD JAMES
BROD CHRISTINE
REGION CODE ADDRESS : 7 BENCHMARK DRIVE
01 CITY : BOULDER
STATE/ZIP : CO 80303
MORTGAGE AMOUNT : 630,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 627,573.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,351.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007759111 MORTGAGORS: WURN JACQUELINE
REGION CODE ADDRESS : 82 ALPINE WAY
01 CITY : BOULDER
STATE/ZIP : CO 80304
MORTGAGE AMOUNT : 301,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,238.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,083.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007759228 MORTGAGORS: CANNON MICHAEL
REGION CODE ADDRESS : 12419 MOSSYCUP DRIVE
01 CITY : HOUSTON
STATE/ZIP : TX 77024
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,896.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,769.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 72.46300
----------------------------------------------------------------------------
0 0007759848 MORTGAGORS: SHURE BERTRAM
SHURE JILL
REGION CODE ADDRESS : 1348 CASSINS STREET
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 540,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 536,979.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,592.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,996,600.00
P & I AMT: 13,672.43 UPB AMT: 1,987,602.95
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 57
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007760994 MORTGAGORS: CHENG JENNIFER
CHENG FRANK
REGION CODE ADDRESS : 21082 SANDPIPER STREET
01 CITY : WALNUT
STATE/ZIP : CA 91789
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,064.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,813.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007761083 MORTGAGORS: HOSFELDT GREGG
HOSFELDT JULIE
REGION CODE ADDRESS : 327 VALDEZ AVENUE
01 CITY : HALF MOON BAY
STATE/ZIP : CA 94019
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,516.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,049.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 58.66600
----------------------------------------------------------------------------
0 0007761166 MORTGAGORS: BOROVAC JOHN
REGION CODE ADDRESS : 200 FLORIBEL AVENUE
01 CITY : SAN ANSELMO
STATE/ZIP : CA 94960
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,809.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,708.01 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 57.77700
----------------------------------------------------------------------------
0 0007761935 MORTGAGORS: RUBIO PEDRO
RUBIO DEBRA
REGION CODE ADDRESS : 20682 SWEETGLEN DRIVE
01 CITY : PORTER
STATE/ZIP : TX 77365
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,830.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 66.66600
----------------------------------------------------------------------------
0 0007764764 MORTGAGORS: MONROE JASON
REGION CODE ADDRESS : 14 CAMPAMENTO
01 CITY : RANCHO SANTA
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 259,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,193.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,770.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,503,600.00
P & I AMT: 10,172.37 UPB AMT: 1,498,414.95
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 58
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007764855 MORTGAGORS: POBLADOR NECASTER
REGION CODE ADDRESS : 1619 32ND AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94122
MORTGAGE AMOUNT : 216,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 216,169.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,495.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 56.23300
----------------------------------------------------------------------------
0 0007765027 MORTGAGORS: HOFFMEYER CHRISTINE
REGION CODE ADDRESS : 1204 FIFTEENTH STREET
01 CITY : LOS OSOS
STATE/ZIP : CA 93402
MORTGAGE AMOUNT : 106,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 106,732.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 729.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.33400
----------------------------------------------------------------------------
0 0007765035 MORTGAGORS: JIMENEZ GRACIELA
REGION CODE ADDRESS : 1223 NORTH PARK AVENUE
01 CITY : INGLEWOOD
STATE/ZIP : CA 90302
MORTGAGE AMOUNT : 95,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 94,865.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 680.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 63.33300
----------------------------------------------------------------------------
0 0007765084 MORTGAGORS: PEREZ CHRIS
PEREZ JENNIFER
REGION CODE ADDRESS : 5467 MANSION COURT
01 CITY : LA VERNE
STATE/ZIP : CA 91750
MORTGAGE AMOUNT : 220,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 219,655.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,500.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007765282 MORTGAGORS: FULLER LAINE
REGION CODE ADDRESS : 139 WELSH STREET #9
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94107
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,456.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,043.08 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 68.47800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 953,400.00
P & I AMT: 6,449.02 UPB AMT: 951,879.48
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 59
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007765563 MORTGAGORS: ARIAS JOSE
ARIAS ELVIRA
REGION CODE ADDRESS : 38750 VIA DEL OSO
01 CITY : TEMECULA
STATE/ZIP : CA 92592
MORTGAGE AMOUNT : 222,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 221,661.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,533.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.02700
----------------------------------------------------------------------------
0 0007765654 MORTGAGORS: TRANG MANYAN
REGION CODE ADDRESS : 130 CIRCULAR AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94131
MORTGAGE AMOUNT : 260,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,912.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,820.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0007766538 MORTGAGORS: FLOYD DAVID
FLOYD LISA
REGION CODE ADDRESS : 13543 EAST ONYX COURT
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85259
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,218.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007766751 MORTGAGORS: TORGERSON JOANNE
REGION CODE ADDRESS : 520 SIXTH AVENUE #4004
01 CITY : KIRKLAND
STATE/ZIP : WA 98033
MORTGAGE AMOUNT : 529,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 528,222.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,567.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.99600
----------------------------------------------------------------------------
0 0007766918 MORTGAGORS: SCHAEFER JAMES
SCHAEFER DEBRA
REGION CODE ADDRESS : 12788 NORTH 78TH STREET
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85260
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,070.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,830.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.40200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,592,800.00
P & I AMT: 10,853.35 UPB AMT: 1,589,084.07
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 60
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007766975 MORTGAGORS: BUCKNER BRANDON
BUCKNER PATRICIA
REGION CODE ADDRESS : 8231 EAST DAVENPORT DRIVE
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85260
MORTGAGE AMOUNT : 283,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,798.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007766983 MORTGAGORS: CLARK ARTHUR
REGION CODE ADDRESS : 6323 EAST GOLD DUST AVENUE
01 CITY : PHOENIX
STATE/ZIP : AZ 85253
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,290.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,839.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007767080 MORTGAGORS: FAHEY STEPHEN
FAHEY WANDA
REGION CODE ADDRESS : 10585 OXFORD MILL CIRCLE
01 CITY : ALPHRARETTA
STATE/ZIP : GA 30022
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,360.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,149.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007767288 MORTGAGORS: SEARLE DOUGLAS
SEARLE CHRISTINE
REGION CODE ADDRESS : 3804 EAST ESTATE CIRCLE
01 CITY : LARKSPUR
STATE/ZIP : CO 80118
MORTGAGE AMOUNT : 274,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,903.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,872.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 91.51600
----------------------------------------------------------------------------
0 0007767635 MORTGAGORS: QUESADA ANTHONY
QUESADA JULIE
REGION CODE ADDRESS : 2119 EAST SIERRA MADRE AVENUE
01 CITY : GILBERT
STATE/ZIP : AZ 85296
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,329.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,016.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 83.42800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,430,050.00
P & I AMT: 9,764.46 UPB AMT: 1,426,682.61
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 61
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007767700 MORTGAGORS: SAUNDERS JOAN
JORGENSON PETER
REGION CODE ADDRESS : 12688 NORTH 99TH PLACE
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85260
MORTGAGE AMOUNT : 436,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 434,947.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,937.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007767726 MORTGAGORS: SANCHEZ JOSE
SANCHEZ CHARLOTTE
REGION CODE ADDRESS : 7601 NORTH CENTRAL AVENUE #20
01 CITY : PHOENIX
STATE/ZIP : AZ 85020
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,168.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,235.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007767791 MORTGAGORS: HUDANICH PAUL
HUDANICH BARBARA
REGION CODE ADDRESS : 9920 NORTH 117TH PLACE
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85259
MORTGAGE AMOUNT : 333,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,964.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,276.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007767866 MORTGAGORS: MITCHELL LEE
MITCHELL MARGARET
REGION CODE ADDRESS : 20715 NORTH 74TH STREET
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85255
MORTGAGE AMOUNT : 237,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,399.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,556.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.71400
----------------------------------------------------------------------------
0 0007767890 MORTGAGORS: TRUDEAU ROBERT
TRUDEAU COURTNEY
REGION CODE ADDRESS : 4231 EAST RANCHO DRIVE
01 CITY : PHOENIX
STATE/ZIP : AZ 85018
MORTGAGE AMOUNT : 243,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,982.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,600.28 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.81800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,586,350.00
P & I AMT: 10,606.82 UPB AMT: 1,582,462.58
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 62
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007768187 MORTGAGORS: ANDREASEN DONALD
ANDREASEN CONNIE
REGION CODE ADDRESS : 14073 SOUTH FURROW ROAD
01 CITY : LARKSPUR
STATE/ZIP : CO 80118
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,340.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,708.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007768195 MORTGAGORS: LESBURG MICHAEL
LESBURG SUSAN
REGION CODE ADDRESS : 64 VAUGHN AVENUE
01 CITY : NEWTON
STATE/ZIP : MA 02461
MORTGAGE AMOUNT : 415,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 414,121.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,692.98 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007768559 MORTGAGORS: DONALDSON G
DONALDSON KATHRYN
REGION CODE ADDRESS : 925 BLOOR LANE
01 CITY : ZIONSVILLE
STATE/ZIP : IN 46077
MORTGAGE AMOUNT : 273,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,925.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,938.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/26
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.20000
----------------------------------------------------------------------------
0 0007769144 MORTGAGORS: LAPS SHELDON
LAPS SHERRI
REGION CODE ADDRESS : 3 WILLOWTREE COURT
01 CITY : ROCKVILLE
STATE/ZIP : MD 20850
MORTGAGE AMOUNT : 416,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 415,154.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,843.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.69407
----------------------------------------------------------------------------
0 0007769359 MORTGAGORS: FLYNN JOHN
NGUYEN HONGPHUC
REGION CODE ADDRESS : 5209 1ST AVENUE NORTHWEST
01 CITY : SEATTLE
STATE/ZIP : WA 98107
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,592.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,649.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,613,700.00
P & I AMT: 10,833.09 UPB AMT: 1,609,134.36
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 63
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007769375 MORTGAGORS: LA RUE ROBERT
LA RUE ARCELIA
REGION CODE ADDRESS : 7331 RUTHERFORD HILL DRIVE
01 CITY : WEST HILLS
STATE/ZIP : CA 91307
MORTGAGE AMOUNT : 505,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 504,180.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,404.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------------------
0 0007770605 MORTGAGORS: MESSICK CHARLES
MESSICK KIMBERLY
REGION CODE ADDRESS : 2924 NE 21ST AVENUE
01 CITY : PORTLAND
STATE/ZIP : OR 97212
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,534.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,813.13 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007770795 MORTGAGORS: WALLEY DONALD
WALLEY GLENDA
REGION CODE ADDRESS : LOTS 5 & 6 WOODSEDGE COVE
01 CITY : EADS
STATE/ZIP : TN 38028
MORTGAGE AMOUNT : 449,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 445,332.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,209.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 02/01/27
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.46900
----------------------------------------------------------------------------
0 0007770837 MORTGAGORS: CALKINS ROBERT
CALKINS ANNEMARIE
REGION CODE ADDRESS : 15001 SACRED LANE
01 CITY : CENTREVILLE
STATE/ZIP : VA 22020
MORTGAGE AMOUNT : 228,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 227,077.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,536.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007770902 MORTGAGORS: KINSTLE ROBERT
KINSTLE MARY
REGION CODE ADDRESS : 11201 ELMVIEW PLACE
01 CITY : GREAT FALLS
STATE/ZIP : VA 22066
MORTGAGE AMOUNT : 440,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,199.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,893.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.75300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,898,800.00
P & I AMT: 12,856.67 UPB AMT: 1,891,325.01
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 64
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007771033 MORTGAGORS: EASTHAM JAMES
FITTING MELINDA
REGION CODE ADDRESS : 13932 BLENHEIM ROAD
01 CITY : PHOENIX
STATE/ZIP : MD 21131
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,582.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007773401 MORTGAGORS: BRAUDT THOMAS
BRAUDT EDDIE
REGION CODE ADDRESS : 422 CAMPUS STREET
01 CITY : CELEBRATION
STATE/ZIP : FL 34747
MORTGAGE AMOUNT : 289,523.68 OPTION TO CONVERT :
UNPAID BALANCE : 288,229.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/27
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 88.00111
----------------------------------------------------------------------------
0 0007773435 MORTGAGORS: CARPENTER BRUCE
PECK LANNA
REGION CODE ADDRESS : 1020 GOLF VALLEY DRIVE
01 CITY : APOPKA
STATE/ZIP : FL 32712
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,310.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.18000
----------------------------------------------------------------------------
0 0007773468 MORTGAGORS: BOELENS MARTIN
BOELENS FAITH
REGION CODE ADDRESS : 10520 EMERALD CHASE DRIVE
01 CITY : ORLANDO
STATE/ZIP : FL 32836
MORTGAGE AMOUNT : 383,215.90 OPTION TO CONVERT :
UNPAID BALANCE : 381,180.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,839.77 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 04/01/27
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 79.01300
----------------------------------------------------------------------------
0 0007773476 MORTGAGORS: LOMAX CLIFFORD
LOMAX ELIZABETH
REGION CODE ADDRESS : 649 CHARMAGNE LANE
01 CITY : PORT ORANGE
STATE/ZIP : FL 32127
MORTGAGE AMOUNT : 269,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,080.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.63157
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,502,439.58
P & I AMT: 10,572.76 UPB AMT: 1,497,384.40
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 65
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007773484 MORTGAGORS: STRADER STEVEN
STRADER VIRGIE
REGION CODE ADDRESS : 2914 BANYAN BLVD
01 CITY : BOCA RATON
STATE/ZIP : FL 33431
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,539.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 59.76000
----------------------------------------------------------------------------
0 0007773492 MORTGAGORS: LEWIS DONNA
JACOBS JILL
REGION CODE ADDRESS : 1859 CRESTRIDGE PLACE
01 CITY : ATLANTA
STATE/ZIP : GA 30345
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,034.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007773542 MORTGAGORS: CAPONE ANTONIO
REGION CODE ADDRESS : 1152 ROXBORO POINTE
01 CITY : ATLANTA
STATE/ZIP : GA 30324
MORTGAGE AMOUNT : 516,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 514,723.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,432.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007773559 MORTGAGORS: CLARK GEORGE
CLARK CAROL
REGION CODE ADDRESS : 117 INDIAN COVE LANE
01 CITY : PONTE VEDRA BEACH
STATE/ZIP : FL 32082
MORTGAGE AMOUNT : 295,688.38 OPTION TO CONVERT :
UNPAID BALANCE : 294,445.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,093.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/27
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.85000
----------------------------------------------------------------------------
0 0007773567 MORTGAGORS: GAINES DALE
GAINES MARY
REGION CODE ADDRESS : 14757 MARSH VIEW DRIVE
01 CITY : JACKSONVILLE
STATE/ZIP : FL 32250
MORTGAGE AMOUNT : 352,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,101.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,486.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/27
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.43300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,864,638.38
P & I AMT: 12,729.41 UPB AMT: 1,858,844.75
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 66
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007773583 MORTGAGORS: KEHOE SHERRY
REGION CODE ADDRESS : 17A CAMELLIA BAY
01 CITY : JACKSONVILLE
STATE/ZIP : FL 32223
MORTGAGE AMOUNT : 385,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,595.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,749.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/27
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 71.38800
----------------------------------------------------------------------------
0 0007773609 MORTGAGORS: FRANCO CARMEN
FRANCO JOYCE
REGION CODE ADDRESS : 809 PEMBROKE COURT
01 CITY : VERO BEACH
STATE/ZIP : FL 32963
MORTGAGE AMOUNT : 464,572.98 OPTION TO CONVERT :
UNPAID BALANCE : 462,764.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,311.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/26
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.47500
----------------------------------------------------------------------------
0 0007773617 MORTGAGORS: HARMON F
HARMON ELEZIA
REGION CODE ADDRESS : 14611 SEABURY COURT
01 CITY : FORT MYERS
STATE/ZIP : FL 33908
MORTGAGE AMOUNT : 269,635.23 OPTION TO CONVERT :
UNPAID BALANCE : 268,259.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,924.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/27
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 59.91800
----------------------------------------------------------------------------
0 0007773625 MORTGAGORS: HOFFMAN ELIOT
HOFFMAN VALARIE
REGION CODE ADDRESS : 3250 ESTERO BLVD
01 CITY : FORT MYERS
STATE/ZIP : FL 33931
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,124.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,537.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007773641 MORTGAGORS: MCCARTHY PATRICK
MCCARTHY GAIL
REGION CODE ADDRESS : 1420 WALTHOUR ROAD
01 CITY : SAVANNAH
STATE/ZIP : GA 31410
MORTGAGE AMOUNT : 412,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 410,670.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,775.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.90909
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,903,708.21
P & I AMT: 13,298.51 UPB AMT: 1,897,413.79
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 67
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007773740 MORTGAGORS: LINES THOMAS
REGION CODE ADDRESS : 439 BROADLAND RD
01 CITY : ATLANTA
STATE/ZIP : GA 30342
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 378,773.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,560.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.51200
----------------------------------------------------------------------------
0 0007773757 MORTGAGORS: SULLIVAN S
REGION CODE ADDRESS : 2449 OAK HILL OVERLOOK
01 CITY : DULUTH
STATE/ZIP : GA 30097
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,870.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,358.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.42000
----------------------------------------------------------------------------
0 0007773765 MORTGAGORS: PAYNE WILLIAM
PAYNE DENISE
REGION CODE ADDRESS : 2604 CHESTNUT WOODS COURT
01 CITY : REISTERSTOWN
STATE/ZIP : MD 21136
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,918.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,256.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 52.34375
----------------------------------------------------------------------------
0 0007773781 MORTGAGORS: QUIGG JOHN
QUIGG LINDA
REGION CODE ADDRESS : 1822-4 BILTMORE STREET NW
01 CITY : WASHINGTON
STATE/ZIP : DC 20009
MORTGAGE AMOUNT : 416,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 414,357.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,837.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 55.46600
----------------------------------------------------------------------------
0 0007773823 MORTGAGORS: ENSING GREGORY
ENSING KELLEY
REGION CODE ADDRESS : 5018 BIRKDALE
01 CITY : ANN ARBOR
STATE/ZIP : MI 48103
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,422.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,264.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,813,000.00
P & I AMT: 12,277.79 UPB AMT: 1,806,342.89
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 68
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007773831 MORTGAGORS: BURT CECIL
BURT MARSHA
REGION CODE ADDRESS : 9813 KOUPELA DRIVE
01 CITY : RALEIGH
STATE/ZIP : NC 27614
MORTGAGE AMOUNT : 580,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 577,710.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,956.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.32400
----------------------------------------------------------------------------
0 0007773856 MORTGAGORS: SWANN WAYNE
SWANN ANGELA
REGION CODE ADDRESS : 6402 TOWERING ELM TERRACE
01 CITY : CLARKSVILLE
STATE/ZIP : MD 21029
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,831.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,806.56 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 72.55900
----------------------------------------------------------------------------
0 0007773864 MORTGAGORS: CABOT PAUL
RODRIGUEZ AVELINO
REGION CODE ADDRESS : 3510 NORTH LORCOM LANE
01 CITY : ARLINGTON
STATE/ZIP : VA 22207
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,957.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,048.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.94800
----------------------------------------------------------------------------
0 0007773872 MORTGAGORS: BURNS TERRANCE
BURNS PATRICIA
REGION CODE ADDRESS : 7876 ELSINORE DR
01 CITY : MANASSAS
STATE/ZIP : VA 20112
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,160.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.19500
----------------------------------------------------------------------------
0 0007773898 MORTGAGORS: HUDSON DARRELL
REGION CODE ADDRESS : 1136 MORNING SHORE
01 CITY : LEXINGTON
STATE/ZIP : SC 29072
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 438,219.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,964.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,859,000.00
P & I AMT: 12,527.34 UPB AMT: 1,850,880.19
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 69
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007773914 MORTGAGORS: ZANINI GIANNI
ABDULLAHI ZEYNAB
REGION CODE ADDRESS : 13700 QUERY MILL ROAD
01 CITY : NORTH POTOMAC
STATE/ZIP : MD 20878
MORTGAGE AMOUNT : 442,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 441,250.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,869.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007773930 MORTGAGORS: DAMBLY DENNIS
DAMBLY JANIS
REGION CODE ADDRESS : 3635 MARTINS DAIRY CIRCLE
01 CITY : OLNEY
STATE/ZIP : MD 20832
MORTGAGE AMOUNT : 333,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,794.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,247.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007773955 MORTGAGORS: SMITH R
SMITH TERRI
REGION CODE ADDRESS : 205 FRENCHMANS BLUFF
01 CITY : CARY
STATE/ZIP : NC 27513
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,187.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,760.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007773971 MORTGAGORS: SMOAK WESLEY
SMOAK LYNN
REGION CODE ADDRESS : 308 EDGEWOOD COURT
01 CITY : CHAPIN
STATE/ZIP : SC 29036
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,174.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,787.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.87800
----------------------------------------------------------------------------
0 0007773989 MORTGAGORS: MCWHORTER LAURENCE
MCWHORTER NANCY
REGION CODE ADDRESS : 54 SOMERTON PLACE
01 CITY : COLUMBIA
STATE/ZIP : SC 29209
MORTGAGE AMOUNT : 373,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 372,607.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,547.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,669,500.00
P & I AMT: 11,212.19 UPB AMT: 1,665,015.70
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 70
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007773997 MORTGAGORS: PIECHNIK LORRAINE
PIECHNIK MICHAEL
REGION CODE ADDRESS : 304 HOGANS VALLEY WAY
01 CITY : CARY
STATE/ZIP : NC 27513
MORTGAGE AMOUNT : 375,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,947.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,469.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99500
----------------------------------------------------------------------------
0 0007774003 MORTGAGORS: MANN LARRY
MANN DEBRA
REGION CODE ADDRESS : 3505 CATALANO DRIVE
01 CITY : RALEIGH
STATE/ZIP : NC 27607
MORTGAGE AMOUNT : 378,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,065.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,514.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 63.00000
----------------------------------------------------------------------------
0 0007774037 MORTGAGORS: ROWLAND DONALD
REGION CODE ADDRESS : 228 SHULER RD
01 CITY : COLUMBIA
STATE/ZIP : SC 29212
MORTGAGE AMOUNT : 283,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,882.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.48600
----------------------------------------------------------------------------
0 0007774078 MORTGAGORS: GALARDO ANGELA
REGION CODE ADDRESS : 808 NOLSTEAD CT
01 CITY : RALEIGH
STATE/ZIP : NC 27614
MORTGAGE AMOUNT : 281,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,587.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,918.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.33700
----------------------------------------------------------------------------
0 0007774128 MORTGAGORS: CLARE PAUL
CLARE SHIRLEY
REGION CODE ADDRESS : 390 JOHN ANDERSON DR
01 CITY : ORMOND BEACH
STATE/ZIP : FL 32176
MORTGAGE AMOUNT : 337,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,705.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,302.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,655,650.00
P & I AMT: 11,088.02 UPB AMT: 1,651,605.40
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 71
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007774136 MORTGAGORS: VAYHINGER DARRAN
FRANKS KATHLEEN
REGION CODE ADDRESS : 14653 MARSH VIEW DRIVE
01 CITY : JACKSONVILLE
STATE/ZIP : FL 32250
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,411.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,770.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.53800
----------------------------------------------------------------------------
0 0007774144 MORTGAGORS: DAHUT ROBERT
DAHUT PAULA
REGION CODE ADDRESS : 6210 ST. ANDREWS COURT
01 CITY : PONTE VEDRA BEACH
STATE/ZIP : FL 32082
MORTGAGE AMOUNT : 445,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 443,977.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,073.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.20000
----------------------------------------------------------------------------
0 0007774151 MORTGAGORS: HAKAIM ALBERT
REGION CODE ADDRESS : 526 MIDWAY
01 CITY : NEPTUNE BEACH
STATE/ZIP : FL 32266
MORTGAGE AMOUNT : 287,075.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,399.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,958.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007774177 MORTGAGORS: COOPERMAN ELLIOT
COOPERMAN ROBYN
REGION CODE ADDRESS : 9188 PT CYPRESS DR
01 CITY : ORLANDO
STATE/ZIP : FL 32836
MORTGAGE AMOUNT : 588,300.91 OPTION TO CONVERT :
UNPAID BALANCE : 585,344.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,225.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 05/01/23
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 53.48100
----------------------------------------------------------------------------
0 0007774185 MORTGAGORS: BENNETT HARVEY
REGION CODE ADDRESS : 3100 NORTH OCEAN BLVD # 1908
01 CITY : FORT LAUDERDALE
STATE/ZIP : FL 33308
MORTGAGE AMOUNT : 347,845.12 OPTION TO CONVERT :
UNPAID BALANCE : 346,802.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,432.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 67.54200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,920,221.03
P & I AMT: 13,459.73 UPB AMT: 1,913,935.30
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 72
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007774193 MORTGAGORS: SPIVEY DON
SPIVEY KATHLEEN
REGION CODE ADDRESS : 5395 GOLF VIEW DRIVE
01 CITY : BRASELTON
STATE/ZIP : GA 30517
MORTGAGE AMOUNT : 355,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,025.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,421.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.60700
----------------------------------------------------------------------------
0 0007774227 MORTGAGORS: HILL VERNON
HILL THERESA
REGION CODE ADDRESS : 16722 VALSECA DE AVILA
01 CITY : TAMPA
STATE/ZIP : FL 33613
MORTGAGE AMOUNT : 456,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 454,111.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,128.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007774243 MORTGAGORS: CROSLEY WILLIAM
CROSLEY LAURIE
REGION CODE ADDRESS : 1302 AZALEA DRIVE
01 CITY : DALTON
STATE/ZIP : GA 30720
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,916.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,616.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 87.87900
----------------------------------------------------------------------------
0 0007775919 MORTGAGORS: GRILLO WILLIAM
REGION CODE ADDRESS : 4065 NW 58TH LA
01 CITY : BOCA RATON
STATE/ZIP : FL 33496
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,907.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,767.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.35000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.35000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007778186 MORTGAGORS: MANDEL MICHEL
MANDEL SHEILA
REGION CODE ADDRESS : 3 WILLOW HILL ROAD
01 CITY : ROSS
STATE/ZIP : CA 94957
MORTGAGE AMOUNT : 748,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 747,404.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,052.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.15000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.15000 PRODUCT CODE : 002
LTV : 40.43200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,055,500.00
P & I AMT: 13,986.04 UPB AMT: 2,049,366.72
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 73
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007778756 MORTGAGORS: FARMER PAUL
FARMER JULIE
REGION CODE ADDRESS : 20 HIGH POINT
01 CITY : BENTLEYVILLE
STATE/ZIP : OH 44022
MORTGAGE AMOUNT : 672,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 669,986.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,698.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.95200
----------------------------------------------------------------------------
0 0007779176 MORTGAGORS: AUTEN NEIL
AUTEN STEPHANIE
REGION CODE ADDRESS : 3845 95TH AVENUE N.E.
01 CITY : BELLEVUE
STATE/ZIP : WA 98004
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,147.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 47.14200
----------------------------------------------------------------------------
0 0007780091 MORTGAGORS: SCHMIDT CHRISTOPHER
SCHMIDT MARIANNE
REGION CODE ADDRESS : 6593 LANMAN DR.
01 CITY : WATERFORD TWP.
STATE/ZIP : MI 48329
MORTGAGE AMOUNT : 265,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,789.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,788.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007780109 MORTGAGORS: KOTZ JOHN
KOTZ KATHRINE
REGION CODE ADDRESS : 31 GREENSWARD ROAD
01 CITY : KIAWAH ISLAND
STATE/ZIP : SC 29455
MORTGAGE AMOUNT : 326,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,477.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,196.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007783590 MORTGAGORS: HOYLE MICHAEL
HOYLE NANCY
REGION CODE ADDRESS : 2400 COPPER RIDGE ROAD
01 CITY : ARLINGTON
STATE/ZIP : TX 76006
MORTGAGE AMOUNT : 307,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,510.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,450.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 03/01/20
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,834,500.00
P & I AMT: 12,912.91 UPB AMT: 1,825,911.54
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 74
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007783657 MORTGAGORS: CARTER NEVILLE
CARTER SUSAN
REGION CODE ADDRESS : 1485 PEBBLE BEACH DRIVE
01 CITY : CRESCENT CITY
STATE/ZIP : CA 95531
MORTGAGE AMOUNT : 243,969.33 OPTION TO CONVERT :
UNPAID BALANCE : 241,013.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,888.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 03/01/22
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 79.98994
----------------------------------------------------------------------------
0 0007783681 MORTGAGORS: BASCO JOSEPH
BASCO DIANE
REGION CODE ADDRESS : 1811 KELLY MILL ROAD
01 CITY : CUMMING
STATE/ZIP : GA 30130
MORTGAGE AMOUNT : 351,875.99 OPTION TO CONVERT :
UNPAID BALANCE : 347,545.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,729.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 01/01/22
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 89.95819
----------------------------------------------------------------------------
0 0007783699 MORTGAGORS: STUMME LUTHER
STUMME KATHELEEN
REGION CODE ADDRESS : 25 MADISON LANE
01 CITY : COTO DE CAZA
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 399,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 392,925.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,864.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 02/01/27
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007783749 MORTGAGORS: OSTROM DONALD
OSTROM MARLENE
REGION CODE ADDRESS : 15647 SOUTHEAST 54TH STREET
01 CITY : BELLEVUE
STATE/ZIP : WA 98006
MORTGAGE AMOUNT : 852,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 846,582.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,177.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 77.45454
----------------------------------------------------------------------------
0 0007783764 MORTGAGORS: PENZEL MARKUS
REGION CODE ADDRESS : 182 PLEASANT STREET
01 CITY : BROOKLINE
STATE/ZIP : MA 02146
MORTGAGE AMOUNT : 599,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 596,222.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,137.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,446,745.32
P & I AMT: 17,797.28 UPB AMT: 2,424,289.62
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 75
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007783806 MORTGAGORS: GERBER MICHAEL
GERBER RITA
REGION CODE ADDRESS : 6430 GOLDLEAF DRIVE
01 CITY : BETHESDA
STATE/ZIP : MD 20817
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,438.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,358.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 64.33823
----------------------------------------------------------------------------
0 0007783822 MORTGAGORS: DINTENFASS LINDA
WISINSKI KENNETH
REGION CODE ADDRESS : 20142 NORTH NEW BRITAIN LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 408,341.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,762.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007783848 MORTGAGORS: SEERY JAMES
SEERY PATRICIA
REGION CODE ADDRESS : 830 CRANFORD AVENUE
01 CITY : WESTFIELD
STATE/ZIP : NJ 07090
MORTGAGE AMOUNT : 361,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 361,169.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,437.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.50500
----------------------------------------------------------------------------
0 0007783855 MORTGAGORS: BLOOM HARVEY
BLOOM NANCY
REGION CODE ADDRESS : 310 CAMEO DRIVE
01 CITY : MASSAPEQUA
STATE/ZIP : NY 11758
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,506.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.28915
----------------------------------------------------------------------------
0 0007783905 MORTGAGORS: WIDMER MICHAEL
REGION CODE ADDRESS : 4745 WEST ROBERTS WAY
01 CITY : SEATTLE
STATE/ZIP : WA 98199
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 448,940.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,069.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.77000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,871,750.00
P & I AMT: 12,623.14 UPB AMT: 1,867,396.58
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 76
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007783913 MORTGAGORS: TURBYFILL NETTIE
REGION CODE ADDRESS : 2916 NORTH EAST 23RD AVENUE
01 CITY : LIGHTHOUSE POINT
STATE/ZIP : FL 33064
MORTGAGE AMOUNT : 905,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 903,652.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,327.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 75.41600
----------------------------------------------------------------------------
0 0007783921 MORTGAGORS: MCCABE JAMES
SCHMIDT EMILY
REGION CODE ADDRESS : 12 HAELIG COURT
01 CITY : BRIDGEWATER
STATE/ZIP : NJ 08807
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,500.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,022.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007783947 MORTGAGORS: KUNZ DANIEL
KUNZ CAROL
REGION CODE ADDRESS : 2007 WARM SPRINGS AVENUE
01 CITY : BOISE
STATE/ZIP : ID 83712
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,079.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,993.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.72020
----------------------------------------------------------------------------
0 0007783988 MORTGAGORS: HARRISON DEREK
HARRISON DEBORAH
REGION CODE ADDRESS : 20102 IMPERIAL COVE LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,539.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.06700
----------------------------------------------------------------------------
0 0007783996 MORTGAGORS: PODMANICZKY KOREN
PODMANICZKY ALEXANDER
REGION CODE ADDRESS : NORTH TOWER HILL ROAD
01 CITY : MILLBROOK
STATE/ZIP : NY 12545
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,203.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,223.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 52.50000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,269,000.00
P & I AMT: 15,430.39 UPB AMT: 2,264,975.37
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 77
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007784036 MORTGAGORS: SHUTTER BONNIE
SHUTTER ROBERT
REGION CODE ADDRESS : 2510 PERRY VIEW LANE
01 CITY : DENVER
STATE/ZIP : NC 28037
MORTGAGE AMOUNT : 230,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 229,631.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,549.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.68573
----------------------------------------------------------------------------
0 0007784044 MORTGAGORS: FRENCH ELIZABETH
REGION CODE ADDRESS : 3147 FONDREN
01 CITY : LA PORTE
STATE/ZIP : TX 77571
MORTGAGE AMOUNT : 585,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 584,038.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,892.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007784077 MORTGAGORS: WU WALLACE
WU MONA
REGION CODE ADDRESS : 112 CEDARWOOD CREEK COURT
01 CITY : WINSTON SALEM
STATE/ZIP : NC 27104
MORTGAGE AMOUNT : 365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,414.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,459.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.00000
----------------------------------------------------------------------------
0 0007784689 MORTGAGORS: HURWITZ SETH
HURWITZ CAROLINE
REGION CODE ADDRESS : 6112 LENOX ROAD
01 CITY : BETHESDA
STATE/ZIP : MD 20817
MORTGAGE AMOUNT : 637,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 636,074.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,508.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 67.05200
----------------------------------------------------------------------------
0 0007784697 MORTGAGORS: LOPES HERMAN
LOPES DEBRA
REGION CODE ADDRESS : 11567 CROW CANYON ROAD
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 360,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,204.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,398.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,177,500.00
P & I AMT: 14,807.72 UPB AMT: 2,174,363.19
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 78
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007784705 MORTGAGORS: TOOSSI MORTEZA
TOOSSI MAHVASH
REGION CODE ADDRESS : 12103 GATEWATER DRIVE
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,230.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,841.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007784713 MORTGAGORS: SILVERMAN HARVEY
SILVERMAN JUDY
REGION CODE ADDRESS : 2135 TEE DRIVE
01 CITY : BRASELTON
STATE/ZIP : GA 30517
MORTGAGE AMOUNT : 507,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 506,174.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,288.72 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------------------
0 0007784721 MORTGAGORS: RIZK MICHAEL
RIZK MARY
REGION CODE ADDRESS : 7803 LYTHAN PLACE
01 CITY : IJAMSVILLE
STATE/ZIP : MD 21754
MORTGAGE AMOUNT : 287,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,359.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,890.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.76623
----------------------------------------------------------------------------
0 0007784739 MORTGAGORS: BECKETT ALAN
BECKETT LINDA
REGION CODE ADDRESS : 1334 DASHER LANE
01 CITY : RESTON
STATE/ZIP : VA 20190
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,342.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,661.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.43100
----------------------------------------------------------------------------
0 0007784747 MORTGAGORS: DUDZINSKY WILLIAM
REGION CODE ADDRESS : 102 SUMMERFIELD ROAD
01 CITY : CHEVY CHASE
STATE/ZIP : MD 20815
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 479,210.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,193.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.19000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,944,900.00
P & I AMT: 12,876.23 UPB AMT: 1,939,317.68
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 79
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007784754 MORTGAGORS: HEWITT PAUL
HEWITT MARLA
REGION CODE ADDRESS : 7608 WHEATCROFT COURT
01 CITY : BETHESDA
STATE/ZIP : MD 20817
MORTGAGE AMOUNT : 563,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 562,096.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,793.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.74100
----------------------------------------------------------------------------
0 0007784762 MORTGAGORS: ESPOSITO JOSEPH
STAUDAHER MARY
REGION CODE ADDRESS : 8412 COMANCHE COURT
01 CITY : BETHESDA
STATE/ZIP : MD 20817
MORTGAGE AMOUNT : 512,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 511,657.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,409.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.84600
----------------------------------------------------------------------------
0 0007784770 MORTGAGORS: DOUGHERTY GEORGE
DOUGHERTY BONNIE
REGION CODE ADDRESS : 14 MONTERRA COURT
01 CITY : ROCKVILLE
STATE/ZIP : MD 20850
MORTGAGE AMOUNT : 532,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 531,125.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,539.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.40200
----------------------------------------------------------------------------
0 0007784788 MORTGAGORS: STRICKLER SCOTT
STRICKLER JOY
REGION CODE ADDRESS : 15117 GREY PEBBLE DRIVE
01 CITY : DARNESTOWN
STATE/ZIP : MD 20874
MORTGAGE AMOUNT : 436,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 435,334.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,011.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007784796 MORTGAGORS: RONEY HELEN
RONEY SAMUEL
REGION CODE ADDRESS : 204 NORTH VIRGINIA AVENUE
01 CITY : FALLS CHURCH
STATE/ZIP : VA 22046
MORTGAGE AMOUNT : 293,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,217.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,953.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.92800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,337,200.00
P & I AMT: 15,707.46 UPB AMT: 2,333,431.09
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 80
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007784804 MORTGAGORS: HOWDER JOHN
HOWDER SUE
REGION CODE ADDRESS : 5935 FAIRVIEW WOODS DRIVE
01 CITY : FAIRFAX STATION
STATE/ZIP : VA 22039
MORTGAGE AMOUNT : 299,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,731.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,041.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.00000
----------------------------------------------------------------------------
0 0007784812 MORTGAGORS: ARENZ DAVID
REGION CODE ADDRESS : 6230 GARDEN ROAD
01 CITY : SPRINGFIELD
STATE/ZIP : VA 22152
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,556.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,796.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 63.52900
----------------------------------------------------------------------------
0 0007784820 MORTGAGORS: GREENBAUM LARRY
REGION CODE ADDRESS : 9609 ELDWICK WAY
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 497,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 496,182.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,306.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 57.79000
----------------------------------------------------------------------------
0 0007784838 MORTGAGORS: TAG HOWARD
TAG LYNNE
REGION CODE ADDRESS : 5741 SHERRIER PLACE
01 CITY : WASHINGTON
STATE/ZIP : DC 20016
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,514.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,962.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.24800
----------------------------------------------------------------------------
0 0007784846 MORTGAGORS: BOWEN DAVID
MULDONIAN PATRICIA
REGION CODE ADDRESS : 10010 SUMMIT AVENUE
01 CITY : KENSINGTON
STATE/ZIP : MD 20895
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,355.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,607.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.40000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,753,200.00
P & I AMT: 11,714.57 UPB AMT: 1,750,341.17
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 81
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007784853 MORTGAGORS: BRADY ROBERT
BRADY LINDA
REGION CODE ADDRESS : 904 FOX RIDGE PLACE
01 CITY : WILMINGTON
STATE/ZIP : NC 28405
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,325.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,627.72 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 62.01500
----------------------------------------------------------------------------
0 0007784879 MORTGAGORS: STEVENSON JEFFREY
REGION CODE ADDRESS : 1455 RIVERSIDE CIRCLE
01 CITY : ATLANTA
STATE/ZIP : GA 30328
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,115.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,201.55 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 69.44400
----------------------------------------------------------------------------
0 0007784887 MORTGAGORS: MONYETTE MARK
WHEELER-MONYETT SARAH
REGION CODE ADDRESS : 5720 STONELIEGH DRIVE
01 CITY : SUWANNEE
STATE/ZIP : GA 30024
MORTGAGE AMOUNT : 452,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 451,601.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,894.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 78.81400
----------------------------------------------------------------------------
0 0007784895 MORTGAGORS: MENDOZA GENARO
REGION CODE ADDRESS : 304 RIVIERA CIRCLE
01 CITY : LARKSPUR
STATE/ZIP : CA 94939
MORTGAGE AMOUNT : 649,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,442.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,433.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 64.99500
----------------------------------------------------------------------------
0 0007784903 MORTGAGORS: OZAWA SHIN
OZAWA EMIKO
REGION CODE ADDRESS : 200 NORTH SWALL DRIVE #P-54
01 CITY : BEVERLY HILLS
STATE/ZIP : CA 90211
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,480.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,325,950.00
P & I AMT: 15,340.13 UPB AMT: 2,322,965.72
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 82
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007784911 MORTGAGORS: REINITZ ALAN
REGION CODE ADDRESS : 208 ARGOSY DRIVE
01 CITY : N. POTOMAC
STATE/ZIP : MD 20878
MORTGAGE AMOUNT : 265,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,963.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,765.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.93900
----------------------------------------------------------------------------
0 0007784929 MORTGAGORS: GOETSCH CURTIS
GOETSCH JACQUELYN
REGION CODE ADDRESS : 1845 HIGHGROVE CLUB DRIVE
01 CITY : ALPHARETTA
STATE/ZIP : GA 30004
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,525.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 72.36800
----------------------------------------------------------------------------
0 0007784937 MORTGAGORS: BOYKIN CHARLES
BOYKIN E
REGION CODE ADDRESS : 1411 MCLEAN MEWS COURT
01 CITY : MCLEAN
STATE/ZIP : VA 22101
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,594.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,616.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 62.30700
----------------------------------------------------------------------------
0 0007784945 MORTGAGORS: NICOL FRANK
NICOL MARY ROSE
REGION CODE ADDRESS : 1000 TUCKER LANE
01 CITY : ASHTON
STATE/ZIP : MD 20861
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,177.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,326.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007784952 MORTGAGORS: ULAN SAMUEL
ULAN JANICE
REGION CODE ADDRESS : 6400 RIVER RUN
01 CITY : COLUMBIA
STATE/ZIP : MD 21044
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,272.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,837.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.67700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,715,400.00
P & I AMT: 11,330.48 UPB AMT: 1,711,533.41
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 83
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007784960 MORTGAGORS: MCMAHON WILLIAM
SUTER-MCMAHON SANDRA
REGION CODE ADDRESS : 12801 ANTELOPE DRIVE
01 CITY : LITTLETON
STATE/ZIP : CO 80127
MORTGAGE AMOUNT : 300,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,255.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,000.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007784978 MORTGAGORS: PARIZHER VADIM
MELAMED OKSANA
REGION CODE ADDRESS : 5107 CHIMINEAS AVENUE
01 CITY : TARZANA
STATE/ZIP : CA 91356
MORTGAGE AMOUNT : 319,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,937.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,152.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.98500
----------------------------------------------------------------------------
0 0007784986 MORTGAGORS: DE OLIVEIRA ESTELA
REGION CODE ADDRESS : 5303 BALTIMORE AVENUE
01 CITY : CHEVY CHASE
STATE/ZIP : MD 20815
MORTGAGE AMOUNT : 250,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,989.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,643.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 65.84200
----------------------------------------------------------------------------
0 0007784994 MORTGAGORS: YUZON PHILIPPE
YUZON LUISA
REGION CODE ADDRESS : 105 FALLBURY COURT
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 362,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 361,860.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,533.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007785009 MORTGAGORS: BOSCOLO BENJAMIN
BOSCOLO SHARI
REGION CODE ADDRESS : 17331 AVENLEIGH DRIVE
01 CITY : ASHTON
STATE/ZIP : MD 20861
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 389,328.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,575.16 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.31755
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,624,800.00
P & I AMT: 10,905.84 UPB AMT: 1,620,371.30
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 84
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007785017 MORTGAGORS: LLOYD REED
LLOYD MELINDA
REGION CODE ADDRESS : 7915 SOUTHEAST 67TH STREET
01 CITY : MERCER ISLAND
STATE/ZIP : WA 98040
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,398.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,526.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 59.52300
----------------------------------------------------------------------------
0 0007785025 MORTGAGORS: WHITE THOMAS
WHITE SHERI
REGION CODE ADDRESS : 1700 WEST 115TH CIRCLE
01 CITY : WESTMINSTER
STATE/ZIP : CO 80234
MORTGAGE AMOUNT : 303,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,769.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,092.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007785033 MORTGAGORS: RICHARDSON SCOTT
RICHARDSON RACHEL
REGION CODE ADDRESS : 2530 HIGHLAND OAKS DRIVE
01 CITY : EUGENE
STATE/ZIP : OR 97405
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,793.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,878.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007785041 MORTGAGORS: ROSENLOF JON
ROSENLOF MARILYN
REGION CODE ADDRESS : 5660 ELKHORN LANE
01 CITY : SANTA MARIA
STATE/ZIP : CA 93455
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,444.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,005.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.36300
----------------------------------------------------------------------------
0 0007785058 MORTGAGORS: GRAUERT PETER
GRAUERT GYPSY
REGION CODE ADDRESS : 4350 BODEGA AVENUE
01 CITY : PETALUMA
STATE/ZIP : CA 94952
MORTGAGE AMOUNT : 430,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 429,638.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,824.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 64.66100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,674,000.00
P & I AMT: 11,328.22 UPB AMT: 1,672,044.63
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 85
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007785066 MORTGAGORS: LEE TAISHENG
LEE EMMELINE
REGION CODE ADDRESS : 10212 DAPHNEY HOUSE WAY
01 CITY : ROCKVILLE
STATE/ZIP : MD 20850
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,530.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.60500
----------------------------------------------------------------------------
0 0007785074 MORTGAGORS: KLEKNER MARGARET
SEGRETTO PAUL
REGION CODE ADDRESS : 202 NOLAND STREET
01 CITY : FALLS CHURCH
STATE/ZIP : VA 22046
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,534.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,813.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007785082 MORTGAGORS: O'NEILL JOSEPH
O'NEILL KELLY
REGION CODE ADDRESS : 3451 CONSTELLATION DRIVE
01 CITY : DAVIDSONVILE
STATE/ZIP : MD 21035
MORTGAGE AMOUNT : 342,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,823.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,249.32 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007785090 MORTGAGORS: STILES DAVID
MOREIS-STILES PATRICIA
REGION CODE ADDRESS : 6319 CARDINAL HILL PLACE
01 CITY : SPRINGFIELD
STATE/ZIP : VA 22152
MORTGAGE AMOUNT : 273,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,747.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,703.16 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 82.72700
----------------------------------------------------------------------------
0 0007785108 MORTGAGORS: RAJAMANI RAMASUBRAMANIAN
RAJAMANI RAJAMATANGI
REGION CODE ADDRESS : 21387 KRZICH PLACE
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 441,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 440,629.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,897.06 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 63.82000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,632,400.00
P & I AMT: 10,709.19 UPB AMT: 1,630,265.16
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 86
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007785116 MORTGAGORS: JAMES MARK
REGION CODE ADDRESS : 25 SAN ANGELO
01 CITY : FOOTHILL RANCH AREA
STATE/ZIP : CA 92610
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,798.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,697.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007785124 MORTGAGORS: BROWDER CECIL
REGION CODE ADDRESS : 1149 DAVIDSON ROAD
01 CITY : LEXINGTON
STATE/ZIP : SC 29072
MORTGAGE AMOUNT : 337,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,243.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,331.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007785132 MORTGAGORS: DOVE ROBERT
DOVE LINDA
REGION CODE ADDRESS : 503 EAST COLUMBIA STREET
01 CITY : FALLS CHURCH
STATE/ZIP : VA 22046
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,761.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,335.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 55.00000
----------------------------------------------------------------------------
0 0007785157 MORTGAGORS: FISHER JOHN
FISHER VICKI
REGION CODE ADDRESS : 10752 ETON AVENUE
01 CITY : CHATSWORTH
STATE/ZIP : CA 91311
MORTGAGE AMOUNT : 328,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,028.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,381.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007785181 MORTGAGORS: HUSTON MARK
HUSTON CYNTHIA
REGION CODE ADDRESS : 3310 OAKMONT TERRACE
01 CITY : LONGWOOD
STATE/ZIP : FL 32779
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,960.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,864.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.88000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,518,000.00
P & I AMT: 10,611.19 UPB AMT: 1,515,791.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 87
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007785199 MORTGAGORS: SITHERWOOD SUZANNE
REGION CODE ADDRESS : 1812 WUNTHROP MANOR DRIVE
01 CITY : MARIETTA
STATE/ZIP : GA 30064
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,114.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 67.07300
----------------------------------------------------------------------------
0 0007785207 MORTGAGORS: REEVES DAVID
REEVES DIANE
REGION CODE ADDRESS : 11908 SANDLAKE DRIVE
01 CITY : BOCA RATON
STATE/ZIP : FL 33428
MORTGAGE AMOUNT : 249,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,395.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,660.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007785223 MORTGAGORS: BLISS WINSTON
REGION CODE ADDRESS : 1241 S. 13 AVE
01 CITY : HOLLYWOOD
STATE/ZIP : FL 33019
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,189.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,171.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/27
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007785231 MORTGAGORS: LEUALLEN STEVEN
REGION CODE ADDRESS : 210 LANSING ISLAND DRIVE
01 CITY : INDIAN HARBOUR BEACH
STATE/ZIP : FL 32937
MORTGAGE AMOUNT : 587,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 586,506.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,856.17 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.58700
----------------------------------------------------------------------------
0 0007785249 MORTGAGORS: DUNCAN BRADLEY
REGION CODE ADDRESS : 4901 OLDE CREEK WAY
01 CITY : PROSPECT
STATE/ZIP : KY 40059
MORTGAGE AMOUNT : 281,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,561.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 64.71200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,708,100.00
P & I AMT: 11,437.72 UPB AMT: 1,702,768.11
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 88
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007785256 MORTGAGORS: MCCAIN KRISTINA
REGION CODE ADDRESS : 6226 WAXWOOD COURT
01 CITY : BRENTWOOD
STATE/ZIP : TN 37027
MORTGAGE AMOUNT : 393,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 392,576.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,618.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------------------
0 0007785264 MORTGAGORS: WATTERSON STEVEN
WATTERSON KATHRYN
REGION CODE ADDRESS : 435 MAYFIELD PLACE
01 CITY : BRENTWOOD
STATE/ZIP : TN 37027
MORTGAGE AMOUNT : 396,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 395,044.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,667.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007785272 MORTGAGORS: SOMERALL WILLIAM
REGION CODE ADDRESS : 2825 MONTEVALLO ROAD
01 CITY : BIRMINGHAM
STATE/ZIP : AL 35223
MORTGAGE AMOUNT : 415,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 414,283.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,691.68 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 69.16600
----------------------------------------------------------------------------
0 0007785280 MORTGAGORS: BELLAND PATRICK
ROBERTS-BELLAND TONSHA
REGION CODE ADDRESS : 9454 FOOTHILLS DR
01 CITY : BRENTWOOD
STATE/ZIP : TN 37027
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,353.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,675.17 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.68700
----------------------------------------------------------------------------
0 0007785298 MORTGAGORS: HOLLIFIELD WILLIAM
HOLLIFIELD LORI
REGION CODE ADDRESS : 3079 WATERBURY CT.
01 CITY : EDGEWOOD
STATE/ZIP : KY 41047
MORTGAGE AMOUNT : 271,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,766.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,757.71 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.70500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,730,550.00
P & I AMT: 11,410.79 UPB AMT: 1,727,024.20
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 89
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007785306 MORTGAGORS: MARSHALL FRAY
MARSHALL LINDSAY
REGION CODE ADDRESS : 3656 CLOUDLAND DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30327
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,313.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,108.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 57.03400
----------------------------------------------------------------------------
0 0007785314 MORTGAGORS: BELL ALICE
REGION CODE ADDRESS : 105 SCARBOROUGH COURT
01 CITY : MARIETTA
STATE/ZIP : GA 30067
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,044.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,994.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007785322 MORTGAGORS: TERRY CARLISS
TERRY ROBERT
REGION CODE ADDRESS : 1330 REGENCY CENTER DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30331
MORTGAGE AMOUNT : 291,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,382.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,987.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.99000
----------------------------------------------------------------------------
0 0007785330 MORTGAGORS: MULDOWNEY KEVIN
MULDOWNEY CANDACE
REGION CODE ADDRESS : 985 CARTERS GROVE TRAIL
01 CITY : ALPHARETTA
STATE/ZIP : GA 30022
MORTGAGE AMOUNT : 266,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,618.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.91000
----------------------------------------------------------------------------
0 0007785355 MORTGAGORS: LEHR JAMES
REGION CODE ADDRESS : 9115 NESBIT LAKES DRIVE
01 CITY : ALPHARETTA
STATE/ZIP : GA 30022
MORTGAGE AMOUNT : 393,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 392,626.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,618.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,697,400.00
P & I AMT: 11,481.10 UPB AMT: 1,692,985.47
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 90
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007785363 MORTGAGORS: ZEVIN JUDY
ZEVIN DANIEL
REGION CODE ADDRESS : 955 CREST VALLEY DRIVE
01 CITY : N.W. ATLANTA
STATE/ZIP : GA 30327
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,356.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 23.63600
----------------------------------------------------------------------------
0 0007785371 MORTGAGORS: CULLEN SUZANNA
REGION CODE ADDRESS : 4710 MILLBROOK DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30327
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,564.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,516.96 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 65.75300
----------------------------------------------------------------------------
0 0007785389 MORTGAGORS: SHORT JAMES
SHORT PAMELA
REGION CODE ADDRESS : 4777 OLD TIMBER RIDGE ROAD
01 CITY : MARIETTA
STATE/ZIP : GA 30068
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,264.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,905.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 64.44400
----------------------------------------------------------------------------
0 0007785397 MORTGAGORS: SINGLETON FRANK
SINGLETON ELIZABETH
REGION CODE ADDRESS : 3016 CANTER WAY
01 CITY : DULUTH
STATE/ZIP : GA 30097
MORTGAGE AMOUNT : 247,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,743.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,644.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------------------
0 0007785405 MORTGAGORS: PESSON CHARLES
PESSON KAREN
REGION CODE ADDRESS : 1005 FAULKNER PLACE
01 CITY : KENNESAW
STATE/ZIP : GA 30152
MORTGAGE AMOUNT : 525,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 523,922.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,405.14 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,562,150.00
P & I AMT: 10,201.28 UPB AMT: 1,558,852.57
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 91
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007785413 MORTGAGORS: EASTERLING DONALD
PROCTOR MICHAEL
REGION CODE ADDRESS : 132 PEACHTREE CIRCLE
01 CITY : ATLANTA
STATE/ZIP : GA 30309
MORTGAGE AMOUNT : 406,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,995.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,701.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 46.40000
----------------------------------------------------------------------------
0 0007785421 MORTGAGORS: POFF KENNETH
POFF LINDA
REGION CODE ADDRESS : 1020 NORTH SHORE COURT
01 CITY : GREENSBORO
STATE/ZIP : GA 30642
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,198.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.90 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.07300
----------------------------------------------------------------------------
0 0007785439 MORTGAGORS: BURES RAYMOND
REGION CODE ADDRESS : 5940 CAMELIA DRIVE
01 CITY : DOUGLASVILLE
STATE/ZIP : GA 30135
MORTGAGE AMOUNT : 243,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,598.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,618.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0007785447 MORTGAGORS: STASIAK STANLEY
STASIAK R
REGION CODE ADDRESS : 2934 SUMMITOP RD
01 CITY : MARIETTA
STATE/ZIP : GA 30066
MORTGAGE AMOUNT : 375,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,947.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,469.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99500
----------------------------------------------------------------------------
0 0007785454 MORTGAGORS: FELAHIS STEVEN
FELAHIS ANNETTE
REGION CODE ADDRESS : 535 HERON RUN COURT
01 CITY : ALPHARETTA
STATE/ZIP : GA 30004
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,531.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,639.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.88700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,597,100.00
P & I AMT: 10,503.65 UPB AMT: 1,593,272.07
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 92
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007785462 MORTGAGORS: BURTON RICHARD
CASHION KAREN
REGION CODE ADDRESS : 1047 FIELDING PARK COURT
01 CITY : ATLANTA
STATE/ZIP : GA 30319
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,458.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,959.35 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 76.50000
----------------------------------------------------------------------------
0 0007785496 MORTGAGORS: KENNY GREGORY
KENNY LORRAINE
REGION CODE ADDRESS : 108 MARSH REED LANE
01 CITY : PONTE VEDRA
STATE/ZIP : FL 32082
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,124.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,249.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/27
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.10200
----------------------------------------------------------------------------
0 0007785504 MORTGAGORS: CASSERI AMY
CASSERI KEITH
REGION CODE ADDRESS : 2181S BERRY CHAPEL RD
01 CITY : FRANKLIN
STATE/ZIP : TN 37069
MORTGAGE AMOUNT : 392,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 390,833.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,667.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/27
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.51900
----------------------------------------------------------------------------
0 0007785512 MORTGAGORS: DALY CLAUDE
DALY PATRICIA
REGION CODE ADDRESS : 8318 EAST RIDING CLUB ROAD
01 CITY : JACKSONVILLE
STATE/ZIP : FL 32256
MORTGAGE AMOUNT : 262,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,666.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,745.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007785520 MORTGAGORS: ANDERSON PETER
REGION CODE ADDRESS : 3693 RICHMOND STREET
01 CITY : JACKSONVILLE
STATE/ZIP : FL 32205
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,728.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 78.94700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,591,100.00
P & I AMT: 10,518.36 UPB AMT: 1,586,811.57
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 93
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007785538 MORTGAGORS: CONRADSON SCOTT
REGION CODE ADDRESS : 1213E LAKE COLONY DR
01 CITY : MAITLAND
STATE/ZIP : FL 32751
MORTGAGE AMOUNT : 474,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 472,798.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,113.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007785546 MORTGAGORS: OTTS ELIZABETH
REGION CODE ADDRESS : 9009 BALMORAL MEWS SQUARE
01 CITY : WINDERMERE
STATE/ZIP : FL 34786
MORTGAGE AMOUNT : 317,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,714.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,112.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.12800
----------------------------------------------------------------------------
0 0007785561 MORTGAGORS: MACKINTOSH SUSAN
REGION CODE ADDRESS : 30 FOREST MEADOW
01 CITY : ROME
STATE/ZIP : GA 30165
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,307.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007785579 MORTGAGORS: PARKER JAMES
PARKER LISA
REGION CODE ADDRESS : 13021 MARTINS CREEK ROAD
01 CITY : BLOOMINGTON SPRINGS
STATE/ZIP : TN 38545
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,497.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,818.48 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007785587 MORTGAGORS: GIVLER RANDALL
GIVLER LISA
REGION CODE ADDRESS : 4518 BOWEN BAYOU RD.
01 CITY : SANIBEL
STATE/ZIP : FL 33957
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,283.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,587.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,739,500.00
P & I AMT: 11,494.59 UPB AMT: 1,735,601.50
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 94
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007785595 MORTGAGORS: MEURY THOMAS
REGION CODE ADDRESS : 149 EASTPARK DRIVE
01 CITY : CELEBRATION
STATE/ZIP : FL 34747
MORTGAGE AMOUNT : 380,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,025.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,630.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------------------
0 0007785603 MORTGAGORS: DONESKY BARRY WILLIAM
DONESKY NANCY
REGION CODE ADDRESS : 8311 WHETSTONE LANE
01 CITY : OOLTEWAH
STATE/ZIP : TN 37363
MORTGAGE AMOUNT : 288,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,053.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,945.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007785629 MORTGAGORS: MILOPOULOS GREGORY
MILOPOULOS ROBIN
REGION CODE ADDRESS : 5230 WEST SAXON CIRCLE
01 CITY : DAVIE
STATE/ZIP : FL 33331
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,376.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007785637 MORTGAGORS: SOLER JOSE
SOLER MARCIA
REGION CODE ADDRESS : 12107 NW 10TH MANOR
01 CITY : CORAL SPRINGS
STATE/ZIP : FL 33071
MORTGAGE AMOUNT : 300,590.89 OPTION TO CONVERT :
UNPAID BALANCE : 299,646.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,116.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/25
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 87.48200
----------------------------------------------------------------------------
0 0007785645 MORTGAGORS: NARANJO DIEGO
NARANJO FERN
REGION CODE ADDRESS : 11572 N.W. 49 COURT
01 CITY : CORAL SPRINGS
STATE/ZIP : FL 33076
MORTGAGE AMOUNT : 244,229.04 OPTION TO CONVERT :
UNPAID BALANCE : 243,204.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,698.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/26
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 85.69400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,466,469.93
P & I AMT: 10,068.10 UPB AMT: 1,462,305.23
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 95
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007785652 MORTGAGORS: SCHERER DAVID
SCHERER TERRI
REGION CODE ADDRESS : 708 PALMA SOLA BOULEVARD
01 CITY : BRADENTON
STATE/ZIP : FL 34209
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,217.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,410.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.05400
----------------------------------------------------------------------------
0 0007785660 MORTGAGORS: PFISTER JOHN
PFISTER LINDA
REGION CODE ADDRESS : 14303 WADSWORTH DRIVE
01 CITY : ODESSA
STATE/ZIP : FL 33556
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,303.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,717.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.62600
----------------------------------------------------------------------------
0 0007785678 MORTGAGORS: LAYMAN J.
LAYMAN SHEILA
REGION CODE ADDRESS : 18936 ST. LAURENT DRIVE
01 CITY : LUTZ
STATE/ZIP : FL 33549
MORTGAGE AMOUNT : 247,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,102.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,667.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007785686 MORTGAGORS: RUSSELL EDWARD
RUSSELL LORI
REGION CODE ADDRESS : 17913 SPENSER RD
01 CITY : ODESSA
STATE/ZIP : FL 33556
MORTGAGE AMOUNT : 376,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,069.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,501.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.36300
----------------------------------------------------------------------------
0 0007785694 MORTGAGORS: BRANDON TODD
BRANDON MADELINE
REGION CODE ADDRESS : 6475 PINETREE DRIVE
01 CITY : MIAMI
STATE/ZIP : FL 33141
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,377.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,270.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 31.81800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,723,500.00
P & I AMT: 11,567.76 UPB AMT: 1,719,071.64
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 96
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007785702 MORTGAGORS: KERCHER WILLIAM
KERCHER BARBARA
REGION CODE ADDRESS : 712 S. LAKE ADAIR BOULEVARD
01 CITY : ORLANDO
STATE/ZIP : FL 32804
MORTGAGE AMOUNT : 366,445.07 OPTION TO CONVERT :
UNPAID BALANCE : 365,398.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,560.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/26
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.15400
----------------------------------------------------------------------------
0 0007785710 MORTGAGORS: PEREZ JUSTO
PEREZ LYNNE
REGION CODE ADDRESS : 3471 WESTHAMPTON WAY
01 CITY : GAINESVILLE
STATE/ZIP : GA 30506
MORTGAGE AMOUNT : 249,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,867.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,639.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 58.02300
----------------------------------------------------------------------------
0 0007785744 MORTGAGORS: NOVACK GREGORY
NOVACK MARIJO
REGION CODE ADDRESS : 940 SUNSET DRIVE
01 CITY : VENICE
STATE/ZIP : FL 34285
MORTGAGE AMOUNT : 385,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,068.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,499.70 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 68.21200
----------------------------------------------------------------------------
0 0007785777 MORTGAGORS: GEIGER ALLAN
GEIGER ANITA
REGION CODE ADDRESS : 2226 TIVOLI LANE
01 CITY : JACKSONVILLE
STATE/ZIP : FL 32259
MORTGAGE AMOUNT : 256,368.02 OPTION TO CONVERT :
UNPAID BALANCE : 255,340.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,830.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/25
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.68700
----------------------------------------------------------------------------
0 0007785793 MORTGAGORS: PARKER WESLEY
PARKER KATHRYN
REGION CODE ADDRESS : 24488 HARBOUR VIEW DRIVE
01 CITY : PONTE VEDRA BEACH
STATE/ZIP : FL 32082
MORTGAGE AMOUNT : 364,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,371.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,360.90 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,621,713.09
P & I AMT: 10,890.25 UPB AMT: 1,618,046.87
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 97
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007785801 MORTGAGORS: MCDONALD MALCOLM
MCDONALD TRINA
REGION CODE ADDRESS : 226 LOMBARDY AVE
01 CITY : FT LAUDERDALE
STATE/ZIP : FL 33308
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,574.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,785.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 84.12600
----------------------------------------------------------------------------
0 0007785819 MORTGAGORS: NIEDZWIECKI COLLEEN
REGION CODE ADDRESS : 4657 AYRON TERRACE
01 CITY : PALM HARBOR
STATE/ZIP : FL 34685
MORTGAGE AMOUNT : 278,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,093.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,831.52 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 94.99100
----------------------------------------------------------------------------
0 0007785850 MORTGAGORS: MEARS PAUL
MEARS DEBORAH
REGION CODE ADDRESS : 1307 SPRING LAKE DRIVE
01 CITY : ORLANDO
STATE/ZIP : FL 32804
MORTGAGE AMOUNT : 603,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 602,563.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,268.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007786353 MORTGAGORS: MORENO LOUIS
MORENO ISIS
REGION CODE ADDRESS : 2713 QUAKER DRIVE
01 CITY : TEXAS CITY
STATE/ZIP : TX 77590
MORTGAGE AMOUNT : 148,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 147,156.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 997.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007786379 MORTGAGORS: MILTON PHILIP
MILTON LAURA
REGION CODE ADDRESS : 2115 STATUTE LANE
01 CITY : VIENNA
STATE/ZIP : VA 22181
MORTGAGE AMOUNT : 236,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,596.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,535.89 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,531,600.00
P & I AMT: 10,417.87 UPB AMT: 1,528,984.44
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 98
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007786395 MORTGAGORS: HILL ANDY
REGION CODE ADDRESS : 274 PALO VERDE STREET
01 CITY : GREENFIELD
STATE/ZIP : CA 93927
MORTGAGE AMOUNT : 126,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 126,850.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 843.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 93.96300
----------------------------------------------------------------------------
0 0007786403 MORTGAGORS: LIPTON DEBORAH
REGION CODE ADDRESS : 11C 340 EAST 80TH STREET
01 CITY : NEW YORK
STATE/ZIP : NY 10021
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,941.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,698.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 72.72700
----------------------------------------------------------------------------
0 0007786411 MORTGAGORS: AUSIELLO ALFRED
AUSIELLO MARIA
REGION CODE ADDRESS : 63 JACQUES ROAD
01 CITY : TYNGSBORO
STATE/ZIP : MA 01879
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,677.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 87.45900
----------------------------------------------------------------------------
0 0007786429 MORTGAGORS: SMITH SHARON
SMITH ERICH
REGION CODE ADDRESS : 5909 DEBORAH JEAN DRIVE
01 CITY : ELKRIDGE
STATE/ZIP : MD 21075
MORTGAGE AMOUNT : 232,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,350.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,664.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 94.99600
----------------------------------------------------------------------------
0 0007786437 MORTGAGORS: OGDEN DAVID
OGDEN SALLY
REGION CODE ADDRESS : 775 RIVER ROAD
01 CITY : SYKESVILLE
STATE/ZIP : MD 21784
MORTGAGE AMOUNT : 365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,729.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,552.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.49400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,236,200.00
P & I AMT: 8,569.01 UPB AMT: 1,234,547.20
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 99
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007786445 MORTGAGORS: SLADE TIMOTHY
SLADE DAWN
REGION CODE ADDRESS : 21 DOUGLAS ROAD
01 CITY : SPARTA
STATE/ZIP : NJ 07871
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 520,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,635.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007786452 MORTGAGORS: ADVANI MOTI
ADVANI NEERU
REGION CODE ADDRESS : 676 PARAMUS ROAD
01 CITY : PARAMUS
STATE/ZIP : NJ 07652
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,785.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,947.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.95180
----------------------------------------------------------------------------
0 0007786460 MORTGAGORS: PESSOLANO ANTHONY
PESSOLANO KATHY
REGION CODE ADDRESS : 3 HUBBARD COURT
01 CITY : ALLENDALE
STATE/ZIP : NJ 07401
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,410.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.42800
----------------------------------------------------------------------------
0 0007786478 MORTGAGORS: CASE RONALD
REGION CODE ADDRESS : 3515 BRITTANY COURT
01 CITY : JAMUL
STATE/ZIP : CA 91935
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,731.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,263.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007786486 MORTGAGORS: NOWELL GREGORY
NOWELL MARYANN
REGION CODE ADDRESS : 4303 NORTH ROGERS ROAD
01 CITY : SPRING VALLEY
STATE/ZIP : CA 91977
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,811.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,986.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 68.50000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,912,000.00
P & I AMT: 13,244.92 UPB AMT: 1,911,328.14
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 100
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007786494 MORTGAGORS: NEVINS JEROME
REGION CODE ADDRESS : 262 CAMINO TABLERO
01 CITY : ESCONDIDO
STATE/ZIP : CA 92029
MORTGAGE AMOUNT : 288,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,580.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,994.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007786502 MORTGAGORS: ROBERTS PAUL
ROBERTS KATHY
REGION CODE ADDRESS : 4117 PALISADES ROAD
01 CITY : SAN DIEGO
STATE/ZIP : CA 92116
MORTGAGE AMOUNT : 281,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,096.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,991.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 58.00000
----------------------------------------------------------------------------
0 0007786510 MORTGAGORS: JOSEPHSON JACQUELINE
REGION CODE ADDRESS : 2386 JEFFERSON STREET
01 CITY : CARLSBAD
STATE/ZIP : CA 92008
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 408,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,748.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007786528 MORTGAGORS: MOTHERSHED MICHAEL
REELS-MOTHERSHED DEBRA
REGION CODE ADDRESS : 2638 FLAGSTAFF COURT
01 CITY : CHULA VISTA
STATE/ZIP : CA 91914
MORTGAGE AMOUNT : 241,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,731.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 94.98400
----------------------------------------------------------------------------
0 0007786536 MORTGAGORS: WARD L.
REGION CODE ADDRESS : 6302 SOUTH HEUGHS CANYON DRIVE
01 CITY : SALT LAKE CITY
STATE/ZIP : UT 84121
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,714.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,590.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,594,850.00
P & I AMT: 11,056.45 UPB AMT: 1,594,141.30
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 101
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007786544 MORTGAGORS: WON WYATT
WON DONNA
REGION CODE ADDRESS : 10311 KINGS STREET
01 CITY : LOS ALAMITOS
STATE/ZIP : CA 90720
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,777.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.28900
----------------------------------------------------------------------------
0 0007786551 MORTGAGORS: HERKINS JAY
HERKINS JULIE
REGION CODE ADDRESS : 11631 RABAUL DRIVE
01 CITY : CYPRESS
STATE/ZIP : CA 90630
MORTGAGE AMOUNT : 263,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,699.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,822.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------------------
0 0007786569 MORTGAGORS: STOCKWELL DAVID
STOCKWELL PATRICIA
REGION CODE ADDRESS : 26115 GLASGOW DR
01 CITY : SOUTH RIDING
STATE/ZIP : VA 20152
MORTGAGE AMOUNT : 365,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 365,657.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,465.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99500
----------------------------------------------------------------------------
0 0007786577 MORTGAGORS: KAWAGUCHI STEVEN
KAWAGUCHI CATHERINE
REGION CODE ADDRESS : 1912 BAJA VISTA WAY
01 CITY : CAMARILLO
STATE/ZIP : CA 93010
MORTGAGE AMOUNT : 294,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,902.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,932.36 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99800
----------------------------------------------------------------------------
0 0007786585 MORTGAGORS: MOYE JAMES
MOYE GINA
REGION CODE ADDRESS : 1932 BAJA VISTA WAY
01 CITY : CAMARILLO
STATE/ZIP : CA 93010
MORTGAGE AMOUNT : 242,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,594.70 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,466,750.00
P & I AMT: 9,912.89 UPB AMT: 1,465,786.76
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 102
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007786593 MORTGAGORS: RICKS JON
RICKS JANCI
REGION CODE ADDRESS : 2625 CLUB LAKE TRAIL
01 CITY : MCKINNEY
STATE/ZIP : TX 75070
MORTGAGE AMOUNT : 268,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,453.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,986.39 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 08/01/27
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 79.89583
----------------------------------------------------------------------------
0 0007786601 MORTGAGORS: KETAY KENNETH
KETAY JOYCE
REGION CODE ADDRESS : 334 WEST 89TH STREET #4F
01 CITY : NEW YORK
STATE/ZIP : NY 10024
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,568.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,027.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.35800
----------------------------------------------------------------------------
0 0007786619 MORTGAGORS: LEHMAN RONALD
LEHMAN CARLENE
REGION CODE ADDRESS : 25762 PARK AVENUE
01 CITY : SAN JUAN CAPISTRANO
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 261,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,206.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,827.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------------------
0 0007786643 MORTGAGORS: DOMINO ANTHONY
DOMINO MEG
REGION CODE ADDRESS : 83 LONG LOTS ROAD
01 CITY : NEW CANAAN
STATE/ZIP : CT 06840
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 497,926.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,326.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 52.63100
----------------------------------------------------------------------------
0 0007786668 MORTGAGORS: POWELL SCOTT
POWELL KIMBERLY
REGION CODE ADDRESS : 325 SIERRA MADRE WAY
01 CITY : CORONA
STATE/ZIP : CA 91720
MORTGAGE AMOUNT : 180,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 180,026.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,306.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 79.99200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,500,000.00
P & I AMT: 10,474.61 UPB AMT: 1,496,180.09
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 103
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007786676 MORTGAGORS: SAENZ NICHOLAS
SAENZ CHERYL
REGION CODE ADDRESS : 1265 PEARL STREET
01 CITY : LA JOLLA
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 620,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 618,575.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,282.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007786684 MORTGAGORS: WANG GUOJIANG
LIU XIAOYAN
REGION CODE ADDRESS : 2261 NORTH OXFORD AVENUE
01 CITY : CLAREMONT
STATE/ZIP : CA 91711
MORTGAGE AMOUNT : 276,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,534.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,887.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007786700 MORTGAGORS: RUBIN JEFFRY
RUBIN LAURA
REGION CODE ADDRESS : 293 OLD BRANCHVILLE ROAD
01 CITY : RIDGEFIELD
STATE/ZIP : CT 06877
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,776.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007786718 MORTGAGORS: ROSENFELD IRA
REGION CODE ADDRESS : 344 WEST 23RD STREET #3C
01 CITY : NEW YORK
STATE/ZIP : NY 10011
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,327.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007786726 MORTGAGORS: SZIGETI SANDY
SZIGETI MELINDA
REGION CODE ADDRESS : 10326 WALAVISTA ROAD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90064
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,739.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,548.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 49.31500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,836,750.00
P & I AMT: 12,702.25 UPB AMT: 1,833,953.46
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 104
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007786734 MORTGAGORS: BRACHVOGEL WILLIAM
BRACHVOGEL JAYMA
REGION CODE ADDRESS : 7831 SPRING DRIVE
01 CITY : BOULDER
STATE/ZIP : CO 80303
MORTGAGE AMOUNT : 438,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 437,699.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,951.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 58.71900
----------------------------------------------------------------------------
0 0007786742 MORTGAGORS: CHAMBERS RICHARD
WOLFBAUER ROSANN
REGION CODE ADDRESS : 1200 MACK RD
01 CITY : LEONARD
STATE/ZIP : MI 48367
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,948.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 73.51351
----------------------------------------------------------------------------
0 0007786759 MORTGAGORS: CHRISTOPHER STEVEN
CHRISTOPHER DORIS
REGION CODE ADDRESS : 26291 BUSCADOR
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,825.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,982.47 OUTSIDE CONV DATE :
LIFETIME RATE : 8.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 8.12500 PRODUCT CODE : 002
LTV : 78.52941
----------------------------------------------------------------------------
0 0007786767 MORTGAGORS: RAYNES SUSAN
REGION CODE ADDRESS : 1180 MONTICELLO ROAD
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,733.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,162.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 52.41900
----------------------------------------------------------------------------
0 0007786775 MORTGAGORS: CORREA BLANCHE
COLBERT TERRY
REGION CODE ADDRESS : 241A HUALANI STREET
01 CITY : KAILUA
STATE/ZIP : HI 96734
MORTGAGE AMOUNT : 92,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 91,933.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 651.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 32.28100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,394,050.00
P & I AMT: 9,695.77 UPB AMT: 1,393,192.02
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 105
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007786783 MORTGAGORS: BRANSON RICHARD
BRANSON SHELLY
REGION CODE ADDRESS : 1191 CLUB HOUSE DRIVE
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 327,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,153.42 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 65.56000
----------------------------------------------------------------------------
0 0007786791 MORTGAGORS: PHILLIPS WILLIAM
MOHANDIE CHRISTINE
REGION CODE ADDRESS : 762 VIA SANTO TOMAS
01 CITY : CLAREMONT
STATE/ZIP : CA 91711
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,680.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,496.33 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.16600
----------------------------------------------------------------------------
0 0007786809 MORTGAGORS: SARKOZI PAUL
SARKOZI JILL
REGION CODE ADDRESS : 24 CONCORD AVENUE
01 CITY : LARCHMONT
STATE/ZIP : NY 10538
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,321.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,964.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.11100
----------------------------------------------------------------------------
0 0007786825 MORTGAGORS: CHUMLEY DORIAN
REGION CODE ADDRESS : 5123 WEDGEWOOD WAY
01 CITY : ROCKLIN
STATE/ZIP : CA 95677
MORTGAGE AMOUNT : 251,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 94.97200
----------------------------------------------------------------------------
0 0007786833 MORTGAGORS: PARKS HENRY
PARKS DOREEN
REGION CODE ADDRESS : 15804 SEURAT DRIVE
01 CITY : POTOMAC
STATE/ZIP : MD 20878
MORTGAGE AMOUNT : 262,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,184.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,745.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,509,500.00
P & I AMT: 10,138.87 UPB AMT: 1,508,287.57
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 106
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007786841 MORTGAGORS: FOX MICHAEL
FOX MELISSA
REGION CODE ADDRESS : 1410 FALLSMEAD WAY
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,778.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,796.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.14200
----------------------------------------------------------------------------
0 0007786858 MORTGAGORS: KAESBAUER RAYMOND
KAESBAUER JAIME
REGION CODE ADDRESS : 4275 AVATI DRIVE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92117
MORTGAGE AMOUNT : 238,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,204.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,586.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007786866 MORTGAGORS: KELEMEN DAVID
KELEMEN VICKI
REGION CODE ADDRESS : 1351 BELLO MAR DRIVE
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 647,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 647,044.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,417.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.39600
----------------------------------------------------------------------------
0 0007786874 MORTGAGORS: LARRERE JOHN
LARRERE TERESA
REGION CODE ADDRESS : 306 EDGEWATER DRIVE
01 CITY : GILFORD
STATE/ZIP : NH 03246
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,793.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,175.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007786882 MORTGAGORS: RILEY III C.
HEWITT LAURA
REGION CODE ADDRESS : 61 LIVINGSTON ROAD
01 CITY : WELLESLEY
STATE/ZIP : MA 02181
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,786.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 20.15500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,715,950.00
P & I AMT: 11,704.85 UPB AMT: 1,714,608.52
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 107
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007786890 MORTGAGORS: RUEB RAYMOND
KORNBLUTH LISA
REGION CODE ADDRESS : 325 GAGE ROAD
01 CITY : RIVERSIDE
STATE/ZIP : IL 60546
MORTGAGE AMOUNT : 331,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,983.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,286.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.43600
----------------------------------------------------------------------------
0 0007786908 MORTGAGORS: NAPOLI VITO
NAPOLI TRINA
REGION CODE ADDRESS : 71 GLAD VALLEY DRIVE
01 CITY : BILLERICA
STATE/ZIP : MA 01821
MORTGAGE AMOUNT : 107,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 106,916.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 729.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 52.70900
----------------------------------------------------------------------------
0 0007786916 MORTGAGORS: KASSIRER SHERIDAN
REGION CODE ADDRESS : 150 HICKORY ROAD
01 CITY : WESTON
STATE/ZIP : MA 02193
MORTGAGE AMOUNT : 310,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,451.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,093.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 46.65100
----------------------------------------------------------------------------
0 0007786924 MORTGAGORS: BURMEISTER BETH
BURMEISTER STEVEN
REGION CODE ADDRESS : 7405 CLIFTON QUARRY DRIVE
01 CITY : CLIFTON
STATE/ZIP : VA 20124
MORTGAGE AMOUNT : 384,925.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,593.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,496.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------------------
0 0007786932 MORTGAGORS: HOUGH RICHARD
HOUGH ELIZABETH
REGION CODE ADDRESS : 859 CALLADO STREET
01 CITY : CAMARILLO
STATE/ZIP : CA 93010
MORTGAGE AMOUNT : 352,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,503.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,317.65 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,486,425.00
P & I AMT: 9,923.59 UPB AMT: 1,484,448.44
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 108
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007786940 MORTGAGORS: ELARABY ADEL
REGION CODE ADDRESS : 19228 AUTUMN MAPLE LANE
01 CITY : GAITHERSBURG
STATE/ZIP : MD 20879
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,680.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 88.90800
----------------------------------------------------------------------------
0 0007786957 MORTGAGORS: SACKS MICHAEL
SACKS DEIDRE
REGION CODE ADDRESS : 9404 JONGRONER COURT
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 337,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,209.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,189.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007786965 MORTGAGORS: HEFFLER JAY
HEFFLER ARLENE
REGION CODE ADDRESS : 8 TRIBROOK DRIVE,T/OLEWISBORO,
01 CITY : SOUTH SALEM
STATE/ZIP : NY 10590
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,759.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.48800
----------------------------------------------------------------------------
0 0007786973 MORTGAGORS: KOSKI MATTHEW
REGION CODE ADDRESS : 1145 NE 18 AVE
01 CITY : FT. LAUDERDALE
STATE/ZIP : FL 33304
MORTGAGE AMOUNT : 145,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 145,694.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,031.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007786981 MORTGAGORS: FERRARI GERARDO
REGION CODE ADDRESS : 6901 SW 82ND COURT
01 CITY : MIAMI
STATE/ZIP : FL 33143
MORTGAGE AMOUNT : 193,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 193,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,354.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.17900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,393,000.00
P & I AMT: 9,452.79 UPB AMT: 1,392,043.55
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 109
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007786999 MORTGAGORS: EVANS MARTHA
REGION CODE ADDRESS : 5317 FLAMINGO PLACE
01 CITY : COCONUT CREEK
STATE/ZIP : FL 33073
MORTGAGE AMOUNT : 115,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 115,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 806.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 65.98100
----------------------------------------------------------------------------
0 0007787005 MORTGAGORS: CRANE JAMES
REGION CODE ADDRESS : 1922 BALENTINE DRIVE
01 CITY : ALPINE
STATE/ZIP : CA 91901
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,694.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,674.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787013 MORTGAGORS: REVIA GARY
REVIA JAN
REGION CODE ADDRESS : 1755 COUNTY ROAD #137
01 CITY : HUTTO
STATE/ZIP : TX 78634
MORTGAGE AMOUNT : 251,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,128.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,755.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007787021 MORTGAGORS: BETETTE ROBERT
REGION CODE ADDRESS : 44 PRESIDIO DRIVE
01 CITY : NOVATO
STATE/ZIP : CA 94949
MORTGAGE AMOUNT : 310,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,207.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,117.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98800
----------------------------------------------------------------------------
0 0007787039 MORTGAGORS: LUTHER MICHAEL
REGION CODE ADDRESS : 320 CALDECOTT LANE #311
01 CITY : OAKLAND
STATE/ZIP : CA 94618
MORTGAGE AMOUNT : 192,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 192,570.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,413.97 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 79.99200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,261,650.00
P & I AMT: 8,768.56 UPB AMT: 1,259,001.49
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 110
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007787047 MORTGAGORS: DEOSARAN TREVOR
DEOSARAN ELIZABETH
REGION CODE ADDRESS : 2845 VISTA DEL VALLE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 345,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,717.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,295.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.40900
----------------------------------------------------------------------------
0 0007787054 MORTGAGORS: WHEELER PEGGY
REGION CODE ADDRESS : 5450 KAVENY DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95129
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,721.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,622.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------------------
0 0007787062 MORTGAGORS: PRICE MICHAEL
FAIR DIANA
REGION CODE ADDRESS : 6316 ALTAMAR CIRCLE
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 257,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,802.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.97300
----------------------------------------------------------------------------
0 0007787070 MORTGAGORS: HONDA DALE
HONDA STEPHANIE
REGION CODE ADDRESS : 1536 JACKDOW COURT
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,175.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.45600
----------------------------------------------------------------------------
0 0007787088 MORTGAGORS: CHAMBERLIN SCOTT
CHAMBERLIN STEPHANIE
REGION CODE ADDRESS : 24612 LA CIENEGA STREET
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 270,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,099.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,889.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,563,100.00
P & I AMT: 10,785.55 UPB AMT: 1,562,338.29
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 111
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007787096 MORTGAGORS: ANDERSON PALMA
ANDERSON GREG
REGION CODE ADDRESS : 1760 MAGNOLIA WAY
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94595
MORTGAGE AMOUNT : 247,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,350.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,903.07 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007787104 MORTGAGORS: FOK DAVID
FOK DEANNA
REGION CODE ADDRESS : 3 CORTE SANTA CLARA
01 CITY : MORAGA
STATE/ZIP : CA 94556
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,776.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,747.44 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 59.11100
----------------------------------------------------------------------------
0 0007787112 MORTGAGORS: TAYLOR RONALD
TAYLOR JANE
REGION CODE ADDRESS : 11567 KELSEY STREET
01 CITY : STUDIO CITY
STATE/ZIP : CA 91604
MORTGAGE AMOUNT : 517,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 517,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,574.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.20700
----------------------------------------------------------------------------
0 0007787120 MORTGAGORS: ARTINIAN KEVORK
ARTINIAN HAMESD
REGION CODE ADDRESS : 942 EAST DRYDEN STREET
01 CITY : GLENDALE
STATE/ZIP : CA 91207
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,779.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,859.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787138 MORTGAGORS: NETTLES EUGENE
NETTLES CATHERINE
REGION CODE ADDRESS : 4145 DORSET DRIVE
01 CITY : CYPRESS
STATE/ZIP : CA 90630
MORTGAGE AMOUNT : 274,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,291.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,895.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,581,500.00
P & I AMT: 10,980.14 UPB AMT: 1,580,696.97
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 112
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007787146 MORTGAGORS: SAFFARI-NAZARI BABAK
SAFFARI-NAZARI MARJAN
REGION CODE ADDRESS : 3 GERANIUM LANE
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 399,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,703.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,789.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007787153 MORTGAGORS: ROBINSON SAUNDRA
REGION CODE ADDRESS : 3 BLANKETFLOWER COURT
01 CITY : THE WOODLANDS
STATE/ZIP : TX 77381
MORTGAGE AMOUNT : 246,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,117.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,722.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.96800
----------------------------------------------------------------------------
0 0007787161 MORTGAGORS: DAVIS COREY
DAVIS GAYLE
REGION CODE ADDRESS : 10994 NORTH 123RD STREET
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85259
MORTGAGE AMOUNT : 270,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,178.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,798.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787179 MORTGAGORS: KIRKPATRICK TIMOTHY
KIRKPATRICK NANCY MARIA
REGION CODE ADDRESS : 2200 SPINNAKER COURT
01 CITY : RESTON
STATE/ZIP : VA 20191
MORTGAGE AMOUNT : 455,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 454,645.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,103.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007787187 MORTGAGORS: GRINDER DONALD
GRINDER ANNA LEE
REGION CODE ADDRESS : 6220 KELLOGG DRIVE
01 CITY : MCLEAN
STATE/ZIP : VA 22101
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,754.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,848.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.38700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,655,700.00
P & I AMT: 11,263.44 UPB AMT: 1,654,399.11
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 113
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007787195 MORTGAGORS: GUTSHALL H.
GUTSHALL VICKI
REGION CODE ADDRESS : 2977 FRANKLIN OAKS DRIVE
01 CITY : HERNDON
STATE/ZIP : VA 20171
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,770.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.56200
----------------------------------------------------------------------------
0 0007787203 MORTGAGORS: BURNETT LOREN
BURNETT KAREN
REGION CODE ADDRESS : 6207 LONG MEADOW ROAD
01 CITY : MCLEAN
STATE/ZIP : VA 22101
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,579.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,284.65 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.36500
----------------------------------------------------------------------------
0 0007787211 MORTGAGORS: MURRAY KENNETH
MURRAY KAREN
REGION CODE ADDRESS : 4909 RIDGELINE LANE
01 CITY : FAIR OAKS
STATE/ZIP : CA 95628
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,810.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,919.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787229 MORTGAGORS: LIGON JOHNNIE
LIGON KAE
REGION CODE ADDRESS : 22241 AMBERWOOD COURT
01 CITY : TEHACHAPI
STATE/ZIP : CA 93561
MORTGAGE AMOUNT : 280,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,036.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,935.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0007787237 MORTGAGORS: KANTOR ROBERT
KANTOR SHERI
REGION CODE ADDRESS : 13614 VALLEY DRIVE
01 CITY : ROCKVILLE
STATE/ZIP : MD 20850
MORTGAGE AMOUNT : 443,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 442,620.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,949.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.89100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,771,650.00
P & I AMT: 11,953.07 UPB AMT: 1,769,818.63
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 114
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007787245 MORTGAGORS: PULLMAN JAMES
PULLMAN DEIRDRE
REGION CODE ADDRESS : 21 NEWELL ROAD
01 CITY : BROOKLINE
STATE/ZIP : MA 02446
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,387.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,536.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/18
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 50.62500
----------------------------------------------------------------------------
0 0007787252 MORTGAGORS: BLAKNEY W.
BLAKNEY CYNTHIA
REGION CODE ADDRESS : 141 ALLEN RANCH ROAD
01 CITY : SUTTER CREEK
STATE/ZIP : CA 95685
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,669.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,490.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787260 MORTGAGORS: EDWARDS BECKY
REGION CODE ADDRESS : 579 COUNTRY CLUB ROAD
01 CITY : MCKINNEY
STATE/ZIP : TX 75069
MORTGAGE AMOUNT : 319,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,356.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,207.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 42.61300
----------------------------------------------------------------------------
0 0007787278 MORTGAGORS: VEERAGHANTA LAKSHMI
REGION CODE ADDRESS : 1650 SILVERLEAF WAY
01 CITY : ALPHARETTA
STATE/ZIP : GA 30005
MORTGAGE AMOUNT : 253,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,147.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,706.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 84.30948
----------------------------------------------------------------------------
0 0007787286 MORTGAGORS: NICHOL MICHAEL
NICHOL JANE
REGION CODE ADDRESS : 4553 WHITE OAK PLACE
01 CITY : ENCINO
STATE/ZIP : CA 91316
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,726.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,387.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 60.86900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,630,950.00
P & I AMT: 11,328.85 UPB AMT: 1,629,287.96
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 115
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007787294 MORTGAGORS: BALFOUR DALE
REGION CODE ADDRESS : 33 FRANKLIN AVENUE
01 CITY : NEW ROCHELLE
STATE/ZIP : NY 10801
MORTGAGE AMOUNT : 242,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,065.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,673.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0007787302 MORTGAGORS: MCCOMAS HUGH
REGION CODE ADDRESS : 114 WATER OAK LANE
01 CITY : ALTAMONTE SPRINGS
STATE/ZIP : FL 32714
MORTGAGE AMOUNT : 100,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 99,915.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 656.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 41.88500
----------------------------------------------------------------------------
0 0007787310 MORTGAGORS: YABLON JEFFREY
YABLON PAIGE
REGION CODE ADDRESS : 19 COTSWOLF COURT
01 CITY : OWINGS MILLS
STATE/ZIP : MD 21117
MORTGAGE AMOUNT : 238,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,631.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,523.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 88.14800
----------------------------------------------------------------------------
0 0007787328 MORTGAGORS: WELSH JOHN
REGION CODE ADDRESS : 6965 KYLEAKIN COURT
01 CITY : MCLEAN
STATE/ZIP : VA 22101
MORTGAGE AMOUNT : 366,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 365,707.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,465.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.73800
----------------------------------------------------------------------------
0 0007787336 MORTGAGORS: MALKIN JOHN
MALKIN CAROLYN
REGION CODE ADDRESS : 1246 GREGORY AVENUE
01 CITY : WILMETTE
STATE/ZIP : IL 60201
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,692.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,494.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,321,250.00
P & I AMT: 8,814.76 UPB AMT: 1,320,013.11
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 116
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007787344 MORTGAGORS: MODYLEVSKY MIKHAIL
GORDIYENKO TAMARA
REGION CODE ADDRESS : 50 SEQUOIA LANE
01 CITY : DEERFIELD
STATE/ZIP : IL 60015
MORTGAGE AMOUNT : 293,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,959.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,950.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787351 MORTGAGORS: BRADFORD ERIC
MACLELLAN JENNIFER
REGION CODE ADDRESS : SUNSET CLIFF/0STARR FARM BEACH
01 CITY : BURLINGTON
STATE/ZIP : VT 05401
MORTGAGE AMOUNT : 338,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,129.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,279.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787369 MORTGAGORS: DESANTIS SCOTT
DESANTIS MARGARET
REGION CODE ADDRESS : 53 PASTURE LANE
01 CITY : BEDFORD
STATE/ZIP : NH 03110
MORTGAGE AMOUNT : 347,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,961.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,517.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787377 MORTGAGORS: NOCHE ABIGAIL
WHITE PHILLIP
REGION CODE ADDRESS : 2953 SORRENTO WAY
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,807.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,684.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.59400
----------------------------------------------------------------------------
0 0007787385 MORTGAGORS: MARTINEZ DAVID
MARTINEZ SARA
REGION CODE ADDRESS : 37 SOLITAIRE LANE
01 CITY : ALISO VIEJO
STATE/ZIP : CA 92656
MORTGAGE AMOUNT : 238,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,818.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,643.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.12100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,463,800.00
P & I AMT: 10,076.78 UPB AMT: 1,462,676.30
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 117
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007787393 MORTGAGORS: WALKER BRETT
WALKER SUELLEN
REGION CODE ADDRESS : 30763 TARAPACA ROAD
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 404,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 403,668.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,687.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.69200
----------------------------------------------------------------------------
0 0007787401 MORTGAGORS: NEVES JERRY
NEVES ALEXIA
REGION CODE ADDRESS : 142 16TH AVENUE
01 CITY : SAN MATEO
STATE/ZIP : CA 94402
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,732.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,517.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007787419 MORTGAGORS: ZIZZO PAUL
CAIRNS STEPHEN
REGION CODE ADDRESS : 51 CHESTER STREET
01 CITY : ARLINGTON
STATE/ZIP : MA 02476
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,760.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.94736
----------------------------------------------------------------------------
0 0007787427 MORTGAGORS: IRISH GEORGE
REGION CODE ADDRESS : 75 WATERMAN ROAD
01 CITY : CANTON
STATE/ZIP : MA 02021
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,281.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,128.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/18
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.11600
----------------------------------------------------------------------------
0 0007787435 MORTGAGORS: ROCHA ALBERT
ROCHA PATRICIA
REGION CODE ADDRESS : 103 WOODLEIGH ROAD
01 CITY : DEDHAM
STATE/ZIP : MA 02026
MORTGAGE AMOUNT : 272,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,087.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,857.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 82.51500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,728,300.00
P & I AMT: 12,211.77 UPB AMT: 1,726,530.47
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 118
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007787443 MORTGAGORS: HINTON WALTER
TRAN CAROLEE
REGION CODE ADDRESS : 4201 DOGWOOD PLACE
01 CITY : DAVIS
STATE/ZIP : CA 95616
MORTGAGE AMOUNT : 331,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,735.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,230.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.97100
----------------------------------------------------------------------------
0 0007787450 MORTGAGORS: SODERQUIST CHRISTIAN
SODERQUIST KAREN
REGION CODE ADDRESS : 27311 WILLOWBANK ROAD
01 CITY : DAVIS
STATE/ZIP : CA 95616
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,707.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,286.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787468 MORTGAGORS: JENNARO JOSEPH
REGION CODE ADDRESS : 2385 GAMAY COMMON
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 505,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 504,625.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,531.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.88700
----------------------------------------------------------------------------
0 0007787476 MORTGAGORS: ARMBRUSTER JR. ROBERT
MEDEIROS DESIREE
REGION CODE ADDRESS : 5257 LARCHWOOD DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95118
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,774.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,044.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787484 MORTGAGORS: ELLINGSEN PAUL
ELLINGSEN JENNY
REGION CODE ADDRESS : 209 JACOB LANE
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 303,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,680.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,150.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.99473
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,783,900.00
P & I AMT: 12,242.56 UPB AMT: 1,782,522.95
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 119
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007787492 MORTGAGORS: HUSSEY THOMAS
HUSSEY EMILY
REGION CODE ADDRESS : 2017 WINDING WAY
01 CITY : BROOMALL
STATE/ZIP : PA 19008
MORTGAGE AMOUNT : 308,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,147.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,051.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787500 MORTGAGORS: ROJEWSKI GERALD
REGION CODE ADDRESS : 1896 WEST DESERT HIGHLANDS DR.
01 CITY : TUCSON
STATE/ZIP : AZ 85737
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,814.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,685.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.70900
----------------------------------------------------------------------------
0 0007787518 MORTGAGORS: GOLDSTEIN ARNIE
GOLDSTEIN LAURA
REGION CODE ADDRESS : 334 SOUTH GRIFFITH PARK DRIVE
01 CITY : BURBANK
STATE/ZIP : CA 91506
MORTGAGE AMOUNT : 215,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 215,027.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,449.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787526 MORTGAGORS: BLALOCK JEFFREY
BLALOCK LEISA
REGION CODE ADDRESS : 2284 MAR VISTA AVENUE
01 CITY : ALTADENA AREA
STATE/ZIP : CA 91001
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,739.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,548.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787534 MORTGAGORS: KONDRATUK PEDRO
KONDRATUK LIDIA
REGION CODE ADDRESS : 715 HAY AVENUE
01 CITY : LOS ANGELES AREA
STATE/ZIP : CA 90022
MORTGAGE AMOUNT : 76,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 75,812.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 551.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,203,600.00
P & I AMT: 8,286.02 UPB AMT: 1,202,541.37
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 120
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007787542 MORTGAGORS: SHAW DAVID
SHAW JUDY
REGION CODE ADDRESS : 16368 BROOKSTONE CIRCLE
01 CITY : LA MIRADA
STATE/ZIP : CA 90638
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,244.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.03300
----------------------------------------------------------------------------
0 0007787559 MORTGAGORS: MOOK JOHN
MOOK CHERILYNN
REGION CODE ADDRESS : 4607 CLUB VIEW DRIVE
01 CITY : WESTLAKE VILLAGE AREA, TH
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 277,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,422.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,085.52 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 8.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787567 MORTGAGORS: PANG FRANKLIN
PANG JANE
REGION CODE ADDRESS : 3251 PACIFIC HEIGHTS ROAD
01 CITY : HONOLULU
STATE/ZIP : HI 96813
MORTGAGE AMOUNT : 1,373,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 1,369,999.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 9,718.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 62.98165
----------------------------------------------------------------------------
0 0007787575 MORTGAGORS: MILLER CHRISTOPHER
CAMPBELL PATRICIA
REGION CODE ADDRESS : 170 FOREST RIDGE WAY
01 CITY : HONOLULU
STATE/ZIP : HI 96822
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,590.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,326.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.74000
----------------------------------------------------------------------------
0 0007787583 MORTGAGORS: SILVAS MARCUS
SILVAS VERONICA
REGION CODE ADDRESS : 10859 EAST BAHIA DRIVE
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85259
MORTGAGE AMOUNT : 407,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 403,014.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,816.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.63700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,883,450.00
P & I AMT: 20,191.67 UPB AMT: 2,875,027.08
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 121
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007787591 MORTGAGORS: CAPUTO FRANK
CAPUTO MARY
REGION CODE ADDRESS : 1710 JAMES STREET
01 CITY : SOUTH MERRICK
STATE/ZIP : NY 11566
MORTGAGE AMOUNT : 233,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,634.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,674.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007787609 MORTGAGORS: ZLOTORZYNSKI NORMAN
ZLOTORZYNSKI KATHRYN
REGION CODE ADDRESS : 3415 AUSTIN COURT
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22310
MORTGAGE AMOUNT : 136,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 136,456.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 990.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 75.02700
----------------------------------------------------------------------------
0 0007787617 MORTGAGORS: FISHER DALE
BROWN TRINA
REGION CODE ADDRESS : 1415 WHITE FENCE ROAD
01 CITY : BARTLETT
STATE/ZIP : IL 60103
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,764.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,060.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 88.82300
----------------------------------------------------------------------------
0 0007787625 MORTGAGORS: HULET STEPHEN
HULET KATHRYN
REGION CODE ADDRESS : 609 WEST SAGEBRUSH DR.
01 CITY : LOUISVILLE
STATE/ZIP : CO 80027
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,794.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,864.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007787641 MORTGAGORS: QUINNELL BRIAN
QUINNELL MARCELLA
REGION CODE ADDRESS : 11433 KINGSBOROUGH TRAIL SOUTH
01 CITY : COTTAGE GROVE
STATE/ZIP : MN 55016
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.52900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,242,350.00
P & I AMT: 8,636.61 UPB AMT: 1,241,415.92
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 122
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007787658 MORTGAGORS: LOPEZ ROBERT
LOPEZ LINDA
REGION CODE ADDRESS : 260 NORTH BUCKSKIN WAY
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 351,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,339.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,458.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787666 MORTGAGORS: BENNETT JOSEPH
REGION CODE ADDRESS : 1901 N OAKLAND STREET
01 CITY : ARLINGTON
STATE/ZIP : VA 22207
MORTGAGE AMOUNT : 196,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 195,835.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,287.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 52.40600
----------------------------------------------------------------------------
0 0007787674 MORTGAGORS: MCKENION LAWRENCE
MCKENION SHIRLEY
REGION CODE ADDRESS : 5048 BARROWE DRIVE
01 CITY : TAMPA
STATE/ZIP : FL 33624
MORTGAGE AMOUNT : 185,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 184,866.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,309.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 94.87200
----------------------------------------------------------------------------
0 0007787682 MORTGAGORS: CAIN CHRISTOPHER
CAIN PAMELA
REGION CODE ADDRESS : 220 20TH STREET
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,747.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,293.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.07000
----------------------------------------------------------------------------
0 0007787690 MORTGAGORS: RICH MICHAEL
RICH RAQUEL
REGION CODE ADDRESS : 3913 OLIVE AVENUE
01 CITY : LONG BEACH
STATE/ZIP : CA 90807
MORTGAGE AMOUNT : 283,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,239.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,981.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.98400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,348,050.00
P & I AMT: 9,330.43 UPB AMT: 1,347,027.49
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 123
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007787708 MORTGAGORS: ADAMS MICHEAL
ADAMS LINDA
REGION CODE ADDRESS : 22635 IRIS AVENUE
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,801.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,257.20 OUTSIDE CONV DATE :
LIFETIME RATE : 8.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 8.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787716 MORTGAGORS: AVALOS JOE
AVALOS LESLIE
REGION CODE ADDRESS : 22591 CALLE AZORIN
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 385,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,721.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,725.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 73.33300
----------------------------------------------------------------------------
0 0007787724 MORTGAGORS: DECARLO DALE
DECARLO PATTI
REGION CODE ADDRESS : 16395 LAKE KNOLL PARKWAY
01 CITY : RIVERSIDE
STATE/ZIP : CA 92503
MORTGAGE AMOUNT : 239,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,454.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,842.32 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787732 MORTGAGORS: SMITH DANIEL
SMITH AMY
REGION CODE ADDRESS : 11661 MESA VERDE DRIVE
01 CITY : VALLEY CENTER
STATE/ZIP : CA 92082
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,801.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,739.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.85300
----------------------------------------------------------------------------
0 0007787740 MORTGAGORS: RAJALA BRUCE
REGION CODE ADDRESS : 1006 SOUTH WELLINGTON POINT
01 CITY : MCKINNEY
STATE/ZIP : TX 75070
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 479,652.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,397.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,663,600.00
P & I AMT: 11,961.50 UPB AMT: 1,662,430.99
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 124
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007787757 MORTGAGORS: THORBURN RONALD
THORBURN SHELDA
REGION CODE ADDRESS : 40 EAGLETON FARMS ROAD
01 CITY : NEWTOWN
STATE/ZIP : PA 18940
MORTGAGE AMOUNT : 292,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,188.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,069.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.99800
----------------------------------------------------------------------------
0 0007787765 MORTGAGORS: QUIROZ GUILLERMO
QUIROZ ALICE
REGION CODE ADDRESS : 11430 SARAH ROYCE COURT
01 CITY : GOLD RIVER
STATE/ZIP : CA 95670
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,148.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007787773 MORTGAGORS: HODSON JOHN
HODSON EVELYN
REGION CODE ADDRESS : 2719 MONTGOMERY AVENUE
01 CITY : DAVIS
STATE/ZIP : CA 95616
MORTGAGE AMOUNT : 324,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,330.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,271.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787781 MORTGAGORS: FARER TOM
FARER MARY (MIKA)
REGION CODE ADDRESS : 6685 SOUTH CROCKER WAY
01 CITY : LITTLETON
STATE/ZIP : CO 80120
MORTGAGE AMOUNT : 269,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,288.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,882.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.28400
----------------------------------------------------------------------------
0 0007787799 MORTGAGORS: WHITING RONALD
WHITING SERENA
REGION CODE ADDRESS : 7 ISBEL DRIVE
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,663.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,627.72 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 64.51600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,601,500.00
P & I AMT: 11,000.21 UPB AMT: 1,599,470.43
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 125
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007787807 MORTGAGORS: CORTEZ JOSEPH
CORTEZ FELICITAS
REGION CODE ADDRESS : 11011 SHENANDOAH DRIVE
01 CITY : ORLAND PARK
STATE/ZIP : IL 60467
MORTGAGE AMOUNT : 266,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,172.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,796.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.04100
----------------------------------------------------------------------------
0 0007787815 MORTGAGORS: KORMONDY CHERIE
KORMONDY STEVEN
REGION CODE ADDRESS : 3142 EAST 88TH STREET SOUTH
01 CITY : TULSA
STATE/ZIP : OK 74137
MORTGAGE AMOUNT : 510,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 509,161.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,393.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007787823 MORTGAGORS: CANTLIN ERIC
CATLIN SUSAN
REGION CODE ADDRESS : 4395 TIMBERLINE DRIVE
01 CITY : CARSON CITY
STATE/ZIP : NV 89703
MORTGAGE AMOUNT : 239,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,437.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,630.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 53.11100
----------------------------------------------------------------------------
0 0007787831 MORTGAGORS: MIKLOSOVIC GARY
PRICE LAURIE
REGION CODE ADDRESS : 54859 RIDGEVIEW
01 CITY : SHELBY TOWNSHIP
STATE/ZIP : MI 48316
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,345.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,968.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.00000
----------------------------------------------------------------------------
0 0007787849 MORTGAGORS: LAI KEN KAUNG
REGION CODE ADDRESS : 1354 TERRA ALTA DRIVE
01 CITY : MILPITAS
STATE/ZIP : CA 95035
MORTGAGE AMOUNT : 287,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,540.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,983.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,587,800.00
P & I AMT: 10,771.61 UPB AMT: 1,584,656.89
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 126
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007787856 MORTGAGORS: CHAN KA-YUK
YEO ANGEL
REGION CODE ADDRESS : 2148 DUSTIN WAY
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95062
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,292.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,127.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787864 MORTGAGORS: MCDAVID STEPHEN
MCDAVID ROBERTA
REGION CODE ADDRESS : 3361 PERRYMAN ROAD
01 CITY : OCEAN SPRINGS
STATE/ZIP : MS 39564
MORTGAGE AMOUNT : 292,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,318.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,948.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787872 MORTGAGORS: CHAKEL JOHN
CHAKEL LYNN
REGION CODE ADDRESS : 1212 LAUREL HILL DRIVE
01 CITY : SAN MATEO
STATE/ZIP : CA 94402
MORTGAGE AMOUNT : 328,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,499.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,265.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 65.60000
----------------------------------------------------------------------------
0 0007787880 MORTGAGORS: VANCO RADU
VANCO PETRUTZA
REGION CODE ADDRESS : 18417 TWIN CREEKS ROAD
01 CITY : MONTE SERENO
STATE/ZIP : CA 95030
MORTGAGE AMOUNT : 635,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 633,744.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,224.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 53.13800
----------------------------------------------------------------------------
0 0007787898 MORTGAGORS: JAMES MICHAEL
REGION CODE ADDRESS : 88 NORTH MAIN STREET
01 CITY : KENT
STATE/ZIP : CT 06757
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,751.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,342.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.33300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,898,800.00
P & I AMT: 12,907.74 UPB AMT: 1,895,606.59
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 127
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007787906 MORTGAGORS: TEGETHOFF MAURO
TEGETHOFF DONNA
REGION CODE ADDRESS : 5414 PARADISE LANE
01 CITY : FORT COLLINS
STATE/ZIP : CO 80526
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,778.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,796.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.17500
----------------------------------------------------------------------------
0 0007787914 MORTGAGORS: FOY WILLIAM
FOY MARTHA
REGION CODE ADDRESS : 2910 COVINGTON CIR
01 CITY : SHREVEPORT
STATE/ZIP : LA 71106
MORTGAGE AMOUNT : 238,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,297.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,568.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.59375
----------------------------------------------------------------------------
0 0007787922 MORTGAGORS: WEISSMAN SETH
LAUGHON CHARLOTTE
REGION CODE ADDRESS : 236 5TH STREET
01 CITY : MONTARA
STATE/ZIP : CA 94037
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,311.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,991.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787930 MORTGAGORS: HELLER A.
HELLER LORRAINE
REGION CODE ADDRESS : 316 TREEDUST STREET
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94065
MORTGAGE AMOUNT : 323,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,754.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,230.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.77700
----------------------------------------------------------------------------
0 0007787948 MORTGAGORS: BOLTON WILLIAM
THORP-BOLTON CAROL
REGION CODE ADDRESS : 149B HILLSIDE AVENUE
01 CITY : ARLINGTON
STATE/ZIP : MA 02174
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,606.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,781.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,381,700.00
P & I AMT: 9,369.18 UPB AMT: 1,379,748.51
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 128
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007787955 MORTGAGORS: RHODES MARTIN
RHODES PATRICIA
REGION CODE ADDRESS : 1814 N. SPRUCE ST.
01 CITY : LITTLE ROCK
STATE/ZIP : AR 72207
MORTGAGE AMOUNT : 326,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,726.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,141.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007787971 MORTGAGORS: LYONS CATHERINE
REGION CODE ADDRESS : 29342 CASTLE ROAD
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,804.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,650.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.43575
----------------------------------------------------------------------------
0 0007787989 MORTGAGORS: LARUSSA RONALD
LARUSSA THERESE
REGION CODE ADDRESS : 2 ROLLINS PLACE
01 CITY : BOSTON
STATE/ZIP : MA 02114
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,770.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 49.73300
----------------------------------------------------------------------------
0 0007787997 MORTGAGORS: MAYNARD DAVID
MAYNARD MARSHA
REGION CODE ADDRESS : 794 VIA SAN SIMON
01 CITY : CLAREMONT
STATE/ZIP : CA 91711
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 59.57400
----------------------------------------------------------------------------
0 0007788003 MORTGAGORS: NISHIO DAVID
NISHIO PEGGY
REGION CODE ADDRESS : 5140 STONEHAVEN DRIVE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 314,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,115.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.76100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,445,000.00
P & I AMT: 9,680.64 UPB AMT: 1,444,300.67
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 129
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0030908610 MORTGAGORS: WROLDSEN JOHN
WROLDSEN GAIL
REGION CODE ADDRESS : 79 HARBOR DRIVE
01 CITY : SAG HARBOR
STATE/ZIP : NY 11963
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 62.50000
----------------------------------------------------------------------------
0 0030976468 MORTGAGORS: VALDEZ RONALD
VALDEZ FRANCISCA
REGION CODE ADDRESS : 25407 NORTH VERNE COURT
01 CITY : STEVENSON RANCH
STATE/ZIP : CA 91381
MORTGAGE AMOUNT : 299,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,614.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,118.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/27
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0030977839 MORTGAGORS: CAIN AARON
LOGAN DAWN
REGION CODE ADDRESS : 461 KNOLLCREST AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95138
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,222.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,928.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 11/01/27
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031110588 MORTGAGORS: ZDZIENICKI ANDREW
REGION CODE ADDRESS : 6 TERRY ROAD
01 CITY : EAST HAMPTON
STATE/ZIP : NY 11937
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,507.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 74.62600
----------------------------------------------------------------------------
0 0031144314 MORTGAGORS: STAHL PETER
REGION CODE ADDRESS : 82 WOODHILL ROAD
01 CITY : BOW
STATE/ZIP : NH 03304
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,948.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,487,250.00
P & I AMT: 10,600.50 UPB AMT: 1,479,836.59
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 130
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031151087 MORTGAGORS: MORTENSEN GREGORY
MORTENSEN ELIZABETH
REGION CODE ADDRESS : 333 EAST LAKE SAMMAMISH PARKWAY SE
01 CITY : REDMOND
STATE/ZIP : WA 98053
MORTGAGE AMOUNT : 990,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 986,748.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,837.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 67.34600
----------------------------------------------------------------------------
0 0031227341 MORTGAGORS: CHASE DANIEL
HANIGAN-CHASE KELLY
REGION CODE ADDRESS : 44 SEA SPRAY REACH
01 CITY : YARMOUTH
STATE/ZIP : ME 04096
MORTGAGE AMOUNT : 257,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,003.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,776.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.32000
----------------------------------------------------------------------------
0 0031241953 MORTGAGORS: COLEMAN SUE
REGION CODE ADDRESS : 2 MAGNOLIA POINTE
01 CITY : ASHLAND
STATE/ZIP : MA 01721
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,446.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,789.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.28700
----------------------------------------------------------------------------
0 0031243322 MORTGAGORS: FUJITA HARRIS
FUJITA LIANE
REGION CODE ADDRESS : 5508 POOLA STREET
01 CITY : HONOLULU
STATE/ZIP : HI 96821
MORTGAGE AMOUNT : 463,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 463,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,200.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.21300
----------------------------------------------------------------------------
0 0031274368 MORTGAGORS: FIREMAN STEPHEN
FIREMAN JANE
REGION CODE ADDRESS : 10 SPOONER ROAD
01 CITY : CHESTNUT HILL
STATE/ZIP : MA 02167
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 595,788.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,144.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 54.54500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,566,600.00
P & I AMT: 17,748.73 UPB AMT: 2,554,387.06
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 131
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031284409 MORTGAGORS: SAULE JOHN
SAULE JAN
REGION CODE ADDRESS : 129 COOPERS FARM ROAD
01 CITY : SOUTHAMPTON
STATE/ZIP : NY 11968
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,622.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.24218
----------------------------------------------------------------------------
0 0031287568 MORTGAGORS: ZVERINA ROBERT
SPIEGELMAN KATHY
REGION CODE ADDRESS : 67 WALNUT PLACE
01 CITY : BROOKLINE
STATE/ZIP : MA 02146
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 446,476.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,108.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 40.90900
----------------------------------------------------------------------------
0 0031349483 MORTGAGORS: DAVIDSON MICHAEL
DAVIDSON BARBARA
REGION CODE ADDRESS : LOT 13 BLOSSON CIRCLE
01 CITY : NATICK
STATE/ZIP : MA 01760
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,818.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,994.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.85900
----------------------------------------------------------------------------
0 0031363450 MORTGAGORS: MCGARRY SHAWN
MCGARRY TRACY
REGION CODE ADDRESS : 2916 SAN ANTONIO DRIVE
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94596
MORTGAGE AMOUNT : 271,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,169.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,739.41 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.95500
----------------------------------------------------------------------------
0 0031369069 MORTGAGORS: JHANGIANI SUNIL
JHANGIANI MRINAL
REGION CODE ADDRESS : EXIT LANE
01 CITY : GREENBURGH
STATE/ZIP : NY 10583
MORTGAGE AMOUNT : 952,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 952,850.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,259.55 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 015
LTV : 79.99900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,345,500.00
P & I AMT: 15,723.26 UPB AMT: 2,339,314.26
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 132
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031386964 MORTGAGORS: RYAN FREDERICK
VAN HOUTE GRACE
REGION CODE ADDRESS : 23 NASHOBA ROAD
01 CITY : LITTLETON
STATE/ZIP : MA 01460
MORTGAGE AMOUNT : 295,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,516.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.92000
----------------------------------------------------------------------------
0 0031387731 MORTGAGORS: MANNING MICHAEL
MANNING SUSAN
REGION CODE ADDRESS : 40 BREWSTER STREET
01 CITY : HINGHAM
STATE/ZIP : MA 02043
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,324.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,663.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.11300
----------------------------------------------------------------------------
0 0031439698 MORTGAGORS: SHELDRICK MATHEW
REGION CODE ADDRESS : 1001 BALA FARMS DRIVE
01 CITY : WEST CHESTER
STATE/ZIP : PA 19382
MORTGAGE AMOUNT : 302,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,716.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,041.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99200
----------------------------------------------------------------------------
0 0031443575 MORTGAGORS: MORRIS ELISABETH
O'CALLAGHAN MICHAEL
REGION CODE ADDRESS : 15 APPLE STREET,
01 CITY : SHERBORN
STATE/ZIP : MA 01770
MORTGAGE AMOUNT : 351,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,120.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,485.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031443658 MORTGAGORS: GELLER JOSEPH
REGION CODE ADDRESS : 221-223 WINCHESTER STREET
01 CITY : BROOKLINE
STATE/ZIP : MA 02146
MORTGAGE AMOUNT : 412,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 409,620.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,951.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 78.47600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,612,100.00
P & I AMT: 11,085.88 UPB AMT: 1,601,298.72
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 133
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031458623 MORTGAGORS: GORDON ANDREW
GORDON LISA
REGION CODE ADDRESS : 105 WOODBINE CIRCLE
01 CITY : NEEDHAM
STATE/ZIP : MA 02192
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,235.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,868.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031459746 MORTGAGORS: SOMA MARK
STEVENS SANDRA
REGION CODE ADDRESS : 508 S HEILBRON
01 CITY : MEDIA
STATE/ZIP : PA 19063
MORTGAGE AMOUNT : 353,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,957.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,468.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99000
----------------------------------------------------------------------------
0 0031459761 MORTGAGORS: MARSHALL ARLAN
REGION CODE ADDRESS : 33 DELANO PARK
01 CITY : CAPE ELIZABETH
STATE/ZIP : ME 04107
MORTGAGE AMOUNT : 525,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 521,653.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,581.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 42.51000
----------------------------------------------------------------------------
0 0031472137 MORTGAGORS: WATTERSON SUSAN
REGION CODE ADDRESS : 3060 GRIFFITT BEND ROAD
01 CITY : TALLADEGA
STATE/ZIP : AL 35160
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,179.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 65.93400
----------------------------------------------------------------------------
0 0031472194 MORTGAGORS: CHUBB JOHN
CHUBB JOYCE
REGION CODE ADDRESS : 19 BROOKLAWN DRIVE
01 CITY : SHORT HILLS
STATE/ZIP : NJ 07078
MORTGAGE AMOUNT : 615,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 610,788.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,300.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 62.12100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,057,100.00
P & I AMT: 14,316.76 UPB AMT: 2,043,813.83
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 134
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031474711 MORTGAGORS: CHUBB JOHN
CHUBB JOYCE
REGION CODE ADDRESS : 6660 OCEAN DRIVE
01 CITY : AVALO,
STATE/ZIP : NJ 08202
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,774.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,272.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.86300
----------------------------------------------------------------------------
0 0031494453 MORTGAGORS: TONRA WALTER
TONRA CAROLINE
REGION CODE ADDRESS : 18 SYMMES ROAD
01 CITY : WINCHESTER
STATE/ZIP : MA 01890
MORTGAGE AMOUNT : 291,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,534.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,084.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 64.66600
----------------------------------------------------------------------------
0 0031498926 MORTGAGORS: KIMSEY CHARLES
REGION CODE ADDRESS : 4993 HUBNER CIRCLE
01 CITY : SARASOTA
STATE/ZIP : FL 34241
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,246.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,493.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031499361 MORTGAGORS: KUHN WALTER
WATSON-KUHN WENDY
REGION CODE ADDRESS : 104 WINDY HOLLOW DRIVE
01 CITY : PHOENIXVILLE
STATE/ZIP : PA 19460
MORTGAGE AMOUNT : 337,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,888.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,217.14 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031505886 MORTGAGORS: ZACREP GORDON
KENNEDY EILEEN
REGION CODE ADDRESS : 700 HAVILAND DRIVE
01 CITY : BRYN MAWR
STATE/ZIP : PA 19010
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 446,838.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,918.70 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 62.93700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,751,500.00
P & I AMT: 11,986.17 UPB AMT: 1,740,282.78
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 135
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031510886 MORTGAGORS: FERGIE DAVID
RELLA MICHELE
REGION CODE ADDRESS : HILLSIDE TRAIL
01 CITY : CARMEL
STATE/ZIP : NY 10541
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,465.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,417.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.74300
----------------------------------------------------------------------------
0 0031512510 MORTGAGORS: MEISKIN JEFF
MEISKIN CINDY
REGION CODE ADDRESS : 4 STARK DRIVE
01 CITY : WASHINGTON TOWNSHIP
STATE/ZIP : NJ 08691
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,422.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.76400
----------------------------------------------------------------------------
0 0031525355 MORTGAGORS: SMITH DONALD
REGION CODE ADDRESS : 5 WEBB STREET
01 CITY : LEXINGTON
STATE/ZIP : MA 02173
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,306.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 52.45901
----------------------------------------------------------------------------
0 0031534373 MORTGAGORS: WIELAGE ROBERT
WIELAGE SALLY
REGION CODE ADDRESS : 21600 WAHOO TRAIL CHATSWORTH AREA
01 CITY : LOS ANGELES
STATE/ZIP : CA 91311
MORTGAGE AMOUNT : 148,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 147,470.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,060.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031538564 MORTGAGORS: MEYERS RANDALL
MEYERS RHONDA
REGION CODE ADDRESS : 11000 STEEPLECHASE COURT
01 CITY : ELLICOTT CITY
STATE/ZIP : MD 21042
MORTGAGE AMOUNT : 290,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,908.38 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,368,500.00
P & I AMT: 9,441.48 UPB AMT: 1,364,164.86
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 136
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031555568 MORTGAGORS: AROZ JOE
REGION CODE ADDRESS : 727 LAKE STREET
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 170,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 168,297.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,174.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.00000
----------------------------------------------------------------------------
0 0031557473 MORTGAGORS: MAGUIRE DENNIS
REGION CODE ADDRESS : 742 COMMONWEALTH AVENUE
01 CITY : NEWTON
STATE/ZIP : MA 02158
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 397,720.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 59.04000
----------------------------------------------------------------------------
0 0031562481 MORTGAGORS: RAY KENNETH
RAY ALLYSON
REGION CODE ADDRESS : 16 TURNBERRY DRIVE
01 CITY : CUMBERLAND
STATE/ZIP : ME 04021
MORTGAGE AMOUNT : 345,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 342,854.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,382.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031563125 MORTGAGORS: CARY JOHN
GLIDDEN PATRICIA
REGION CODE ADDRESS : 8 COLBY ROAD
01 CITY : ARLINGTON
STATE/ZIP : MA 02174
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,105.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,953.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.41700
----------------------------------------------------------------------------
0 0031576978 MORTGAGORS: LEONE LAWRENCE
LEONE JUNE
REGION CODE ADDRESS : 7752 JOEL AVENUE
01 CITY : STANTON
STATE/ZIP : CA 90680
MORTGAGE AMOUNT : 114,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 113,670.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 780.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,319,400.00
P & I AMT: 8,986.05 UPB AMT: 1,310,648.65
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 137
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031580202 MORTGAGORS: SHOCKLEY JEFFREY
SHOCKLEY MARY ANN
REGION CODE ADDRESS : 1345 HELLER DRIVE
01 CITY : MAKEFIELD TOWNSHIP
STATE/ZIP : PA 19067
MORTGAGE AMOUNT : 295,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,690.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,939.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031585540 MORTGAGORS: KETTLE JAMES
REGION CODE ADDRESS : 1 ADMIRAL LANE
01 CITY : NORWALK
STATE/ZIP : CT 06851
MORTGAGE AMOUNT : 313,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,216.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,108.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 56.39600
----------------------------------------------------------------------------
0 0031588346 MORTGAGORS: HARDART RICHARD
MORRILL KAREN
REGION CODE ADDRESS : 16 RIVER DRIVE
01 CITY : ANNAPOLIS
STATE/ZIP : MD 21403
MORTGAGE AMOUNT : 528,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 525,273.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,737.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031588353 MORTGAGORS: KIMBALL CHARLES
KIMBALL JANICE
REGION CODE ADDRESS : 8 OLD WARSON CT.
01 CITY : MONTGOMERY TOWNSHIP
STATE/ZIP : NJ 08558
MORTGAGE AMOUNT : 346,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,180.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,305.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031590243 MORTGAGORS: NEWMAN MICHAEL
NEWMAN DIANE
REGION CODE ADDRESS : 721 DARBY PAOLI ROAD
01 CITY : BERWYN
STATE/ZIP : PA 19312
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,673.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,076.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,922,700.00
P & I AMT: 13,166.97 UPB AMT: 1,914,033.72
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 138
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031596406 MORTGAGORS: PENATE HECTOR
PENATE NELLY
REGION CODE ADDRESS : 7037 7TH AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90043
MORTGAGE AMOUNT : 96,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 95,639.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 671.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.33800
----------------------------------------------------------------------------
0 0031600711 MORTGAGORS: RUDOLPH MICHAEL
RUDOLPH ANDREA
REGION CODE ADDRESS : 60 PARTRIDGE LANE
01 CITY : TRUMBULL
STATE/ZIP : CT 06611
MORTGAGE AMOUNT : 251,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,244.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,673.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.86600
----------------------------------------------------------------------------
0 0031604093 MORTGAGORS: GILMAN LEWIS
GILMAN ELIZABETH
REGION CODE ADDRESS : 211 SANDY VALLEY ROAD
01 CITY : DEDHAM
STATE/ZIP : MA 02026
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,711.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,066.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031606833 MORTGAGORS: SALIMI YOUSEF
SALIMI FATEMEH
REGION CODE ADDRESS : 1084 BROOKVIEW AVENUE
01 CITY : WESTLAKE VILLAGE AREA
STATE/ZIP : CA 91361
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,669.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031608276 MORTGAGORS: ORONOZ ALEXANDER
ORONOZ PATRICIA
REGION CODE ADDRESS : 13030 GRANT STREET
01 CITY : YUCAIPA
STATE/ZIP : CA 92399
MORTGAGE AMOUNT : 172,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 171,400.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,247.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,091,500.00
P & I AMT: 7,568.46 UPB AMT: 1,086,665.59
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 139
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031610736 MORTGAGORS: WARD STANLEY
REGION CODE ADDRESS : 43175 ALLENBY WAY
01 CITY : LEESBURG
STATE/ZIP : VA 20176
MORTGAGE AMOUNT : 251,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,950.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,634.14 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------------------
0 0031611213 MORTGAGORS: TRAVERS DENNIS
TRAVERS MARY
REGION CODE ADDRESS : LOT 21.1 BROAD COVE ROAD
01 CITY : HOPKINTON
STATE/ZIP : NH 03229
MORTGAGE AMOUNT : 350,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,450.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031615966 MORTGAGORS: HAHN ALLEN
HUBER DEBRA
REGION CODE ADDRESS : 11 FRANCIS CIRCUIT
01 CITY : WINCHESTER
STATE/ZIP : MA 01890
MORTGAGE AMOUNT : 385,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,807.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,730.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031618606 MORTGAGORS: PHILIPPS MICHAEL
PHILIPPS MARY
REGION CODE ADDRESS : 76 STEWART STREET
01 CITY : FRANKLIN
STATE/ZIP : MA 02038
MORTGAGE AMOUNT : 271,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,170.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,875.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031618937 MORTGAGORS: LOAGUE JEFFREY
LOAGUE VALERIE
REGION CODE ADDRESS : 13187 RETTEW DRIVE
01 CITY : MANASSAS
STATE/ZIP : VA 20112
MORTGAGE AMOUNT : 262,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,767.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,522,050.00
P & I AMT: 10,457.89 UPB AMT: 1,518,628.25
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 140
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031620354 MORTGAGORS: DEMILIA DAVID
ONLEY SUSAN
REGION CODE ADDRESS : 681 MELISSA CIRCLE
01 CITY : YARDLEY
STATE/ZIP : PA 19067
MORTGAGE AMOUNT : 240,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,943.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,557.61 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.71400
----------------------------------------------------------------------------
0 0031621071 MORTGAGORS: VALUS RICHARD
VALUS RONDA
REGION CODE ADDRESS : 7515 TUTLEY TERRACE
01 CITY : CLIFTON
STATE/ZIP : VA 20124
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,691.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,241.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 67.39100
----------------------------------------------------------------------------
0 0031626641 MORTGAGORS: NISHIDA GWEN
REGION CODE ADDRESS : 17 CARNELIAN
01 CITY : IRVINE
STATE/ZIP : CA 92614
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,383.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,236.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031628233 MORTGAGORS: BRIGHT TODD
BRIGHT TERESA
REGION CODE ADDRESS : 98 SHIPWRIGHT STREET
01 CITY : ANNAPOLIS
STATE/ZIP : MD 21401
MORTGAGE AMOUNT : 259,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,893.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,790.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.98100
----------------------------------------------------------------------------
0 0031628829 MORTGAGORS: SCHWARTZ DAVID
SCHWARTZ ALISON
REGION CODE ADDRESS : 8 HUNTERS RUN
01 CITY : OAKLAND
STATE/ZIP : NJ 07436
MORTGAGE AMOUNT : 288,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,200.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,015.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,469,700.00
P & I AMT: 9,841.87 UPB AMT: 1,463,111.38
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 141
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031629041 MORTGAGORS: CUPP SAMUEL
CUPP KATHLEEN
REGION CODE ADDRESS : 1136 VALLEY HILL ROAD
01 CITY : MALVERN
STATE/ZIP : PA 19355
MORTGAGE AMOUNT : 380,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 378,255.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,695.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031629322 MORTGAGORS: FINLEY JAMES
REGION CODE ADDRESS : 166 SPURWINK ROAD
01 CITY : SCARBOROUGH
STATE/ZIP : ME 04074
MORTGAGE AMOUNT : 470,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 466,299.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,858.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 05/01/18
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 72.30700
----------------------------------------------------------------------------
0 0031629371 MORTGAGORS: BRENNAN PAUL
BRENNAN JULE
REGION CODE ADDRESS : 40 HILLSIDE DRIVE
01 CITY : WAYLAND
STATE/ZIP : MA 01778
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,760.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------------------
0 0031629462 MORTGAGORS: KOURY MICHAEL
KOURY CHRISTINE
REGION CODE ADDRESS : 19 JAMESON COURT
01 CITY : MANSFIELD
STATE/ZIP : MA 02048
MORTGAGE AMOUNT : 243,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,847.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,621.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.98400
----------------------------------------------------------------------------
0 0031634744 MORTGAGORS: JARRETT SCOTT
JARRETT ANGELA
REGION CODE ADDRESS : 1510 COMANCHE DRIVE
01 CITY : ALLEN
STATE/ZIP : TX 75013
MORTGAGE AMOUNT : 242,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,684.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,632.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,582,750.00
P & I AMT: 11,569.56 UPB AMT: 1,569,847.87
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 142
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031641129 MORTGAGORS: GOODING PATRICIA
COLLITON VALERIE
REGION CODE ADDRESS : 166 LAMBERT'S LANE
01 CITY : COHASSET
STATE/ZIP : MA 02025
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,642.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 67.98000
----------------------------------------------------------------------------
0 0031643208 MORTGAGORS: TAKUSI GABRIEL
MPAFE LEONIE
REGION CODE ADDRESS : 200 FLANNERY LANE
01 CITY : SILVER SPRING
STATE/ZIP : MD 20904
MORTGAGE AMOUNT : 302,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,463.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,064.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031646409 MORTGAGORS: DUBROW STEVEN
DUBROW AMY
REGION CODE ADDRESS : 31 SENTRY HILL ROAD
01 CITY : SHARON
STATE/ZIP : MA 02067
MORTGAGE AMOUNT : 378,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,432.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,514.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031649718 MORTGAGORS: DESAI ERACH
REEN-DESAI MARYBETH
REGION CODE ADDRESS : 36 BELAIR ROAD
01 CITY : HINGHAM
STATE/ZIP : MA 02043
MORTGAGE AMOUNT : 448,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 446,096.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,943.05 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031652373 MORTGAGORS: FENG ANDREW
REGION CODE ADDRESS : 1 DUKE LANE
01 CITY : AMBLER
STATE/ZIP : PA 19002
MORTGAGE AMOUNT : 294,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,144.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,057.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.91900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,722,950.00
P & I AMT: 11,677.93 UPB AMT: 1,716,779.54
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 143
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031653967 MORTGAGORS: RILEY MICHAEL
REGION CODE ADDRESS : 27 WHITE CHAPEL DRIVE
01 CITY : MT LAUREL
STATE/ZIP : NJ 08054
MORTGAGE AMOUNT : 251,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,503.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,717.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.98100
----------------------------------------------------------------------------
0 0031654601 MORTGAGORS: MIKHAIL MICHAEL
MIKHAIL JAMIE
REGION CODE ADDRESS : 111 SHANDON PLACE
01 CITY : MALVERN
STATE/ZIP : PA 19355
MORTGAGE AMOUNT : 514,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 511,865.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,551.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99500
----------------------------------------------------------------------------
0 0031654684 MORTGAGORS: PADILLA ERNESTO
PADILLA VIRGINIA
REGION CODE ADDRESS : 289 NEWBURY
01 CITY : HERCULES
STATE/ZIP : CA 94547
MORTGAGE AMOUNT : 166,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 164,820.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,176.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 94.97142
----------------------------------------------------------------------------
0 0031667231 MORTGAGORS: GALLO MICHAEL
GALLO MARY
REGION CODE ADDRESS : 6023 CANNON HILL ROAD
01 CITY : FORT WASHINGTON
STATE/ZIP : PA 19034
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,047.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,916.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 84.95570
----------------------------------------------------------------------------
0 0031669054 MORTGAGORS: ODONNELL MARK
ODONNELL SUSAN
REGION CODE ADDRESS : LOT 4B WOODLAND ROAD
01 CITY : SOUTHBORO
STATE/ZIP : MA 01772
MORTGAGE AMOUNT : 386,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,410.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,666.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.18181
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,606,150.00
P & I AMT: 11,027.29 UPB AMT: 1,600,647.83
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 144
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031669385 MORTGAGORS: HERMAN WILLIAM
HERMAN MICHELLE
REGION CODE ADDRESS : LOT 2 WINGATE COURT
01 CITY : STRATHAM
STATE/ZIP : NH 03885
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,113.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031673650 MORTGAGORS: POMPLUN RICHARD
POMPLUN LOURDES
REGION CODE ADDRESS : 1050 GALDOR PLACE
01 CITY : CHULA VISTA
STATE/ZIP : CA 91910
MORTGAGE AMOUNT : 315,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,453.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,153.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.99000
----------------------------------------------------------------------------
0 0031674443 MORTGAGORS: LANGLAIS SCOTT
LANGLAIS JENNIFER
REGION CODE ADDRESS : 111 BARTON ROAD
01 CITY : FAIRFIELD
STATE/ZIP : CT 06430
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,885.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,151.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031674625 MORTGAGORS: DINARDO DOMENIC
DINARDO CATHERINE
REGION CODE ADDRESS : 15 HIGH MEADOW ROAD
01 CITY : WESTON
STATE/ZIP : MA 02193
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 498,026.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,410.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 62.11100
----------------------------------------------------------------------------
0 0031676422 MORTGAGORS: FARRELL MICHAEL
FARRELL LISA
REGION CODE ADDRESS : 50 SUGAR MAPLE ROAD
01 CITY : NEWTOWN SQUARE
STATE/ZIP : PA 19073
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,680.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,496.33 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,805,700.00
P & I AMT: 12,326.02 UPB AMT: 1,802,046.29
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 145
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031677719 MORTGAGORS: KIECZYKOWSKI GERARD
KIECZYKOWSKI MARTHA
REGION CODE ADDRESS : 248 W.DUDLEY AVENUE
01 CITY : TOWN OF WESTFIELD
STATE/ZIP : NJ 07090
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 388,691.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,674.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.82200
----------------------------------------------------------------------------
0 0031681463 MORTGAGORS: KANE JASON
KANE KATHLEEN
REGION CODE ADDRESS : 14131 HAYNES STREET
01 CITY : LOS ANGELES VAN NUYS AREA
STATE/ZIP : CA 91401
MORTGAGE AMOUNT : 184,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 183,022.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,334.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031686439 MORTGAGORS: DEPRIEST JAMES
DEPRIEST GINA
REGION CODE ADDRESS : 959 LANSING LANE
01 CITY : COSTA MESA
STATE/ZIP : CA 92626
MORTGAGE AMOUNT : 209,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 207,982.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,408.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031692536 MORTGAGORS: GARCIA JESSE
GARCIA CYNTHIA
REGION CODE ADDRESS : 9236 GARDEN VIEW AVENUE
01 CITY : SOUTH GATE
STATE/ZIP : CA 90280
MORTGAGE AMOUNT : 166,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 165,311.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,104.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 94.85700
----------------------------------------------------------------------------
0 0031704190 MORTGAGORS: SLANE CHRISTOPHER
SLANE KIMBERLY
REGION CODE ADDRESS : 8365 WABASH STREET
01 CITY : VENTURA
STATE/ZIP : CA 93004
MORTGAGE AMOUNT : 140,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 139,334.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 955.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,091,000.00
P & I AMT: 7,475.80 UPB AMT: 1,084,341.84
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 146
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031707896 MORTGAGORS: BREWSTER BRADLEY
BREWSTER JEAN MARIE
REGION CODE ADDRESS : 148 HARBOURTON-WOODSVILLE ROAD
01 CITY : LAMBERTVILLE
STATE/ZIP : NJ 08530
MORTGAGE AMOUNT : 487,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 485,377.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,161.92 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031709215 MORTGAGORS: GODFREY JACK
MOODY TIFFANY
REGION CODE ADDRESS : 1723 JAMESTOWN COURT
01 CITY : SMYRNA
STATE/ZIP : GA 30080
MORTGAGE AMOUNT : 250,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,771.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,667.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99131
----------------------------------------------------------------------------
0 0031709710 MORTGAGORS: LUNT TERRY
SELLERS THOMAS
REGION CODE ADDRESS : 43 DAVIS AVENUE, #2
01 CITY : BROOKLINE
STATE/ZIP : MA 02146
MORTGAGE AMOUNT : 254,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,714.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,823.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 69.18400
----------------------------------------------------------------------------
0 0031710577 MORTGAGORS: HORN STEVEN
HORN DEBRA
REGION CODE ADDRESS : 531 WESTAIRE COURT
01 CITY : MARTINEZ
STATE/ZIP : CA 94553
MORTGAGE AMOUNT : 223,525.00 OPTION TO CONVERT :
UNPAID BALANCE : 222,462.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,524.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.97373
----------------------------------------------------------------------------
0 0031712268 MORTGAGORS: RIVERA RICHARD
RIVERA ALEX
REGION CODE ADDRESS : 1004 SUNBIRD DRIVE
01 CITY : WATSONVILLE
STATE/ZIP : CA 95076
MORTGAGE AMOUNT : 135,960.00 OPTION TO CONVERT :
UNPAID BALANCE : 135,388.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 939.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,352,185.00
P & I AMT: 9,117.04 UPB AMT: 1,346,714.27
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 147
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031712342 MORTGAGORS: HUFF RONALD
HUFF MARIANNE
REGION CODE ADDRESS : 9391 CASTLEGATE DRIVE
01 CITY : HUNTINGTON BEACH,
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 216,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 215,188.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,510.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031712904 MORTGAGORS: LAUGHLIN HUGH
REGION CODE ADDRESS : 19618 BERMUDA STREET
01 CITY : CHATSWORTH
STATE/ZIP : CA 91311
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,519.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,019.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.38500
----------------------------------------------------------------------------
0 0031714892 MORTGAGORS: GOUGER DOUGLAS
GOUGER CARRIE
REGION CODE ADDRESS : 6532 GOODWIN ST
01 CITY : SAN DIEGO
STATE/ZIP : CA 92111
MORTGAGE AMOUNT : 94,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 94,136.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 652.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 63.00000
----------------------------------------------------------------------------
0 0031716988 MORTGAGORS: SELTZER LAWRENCE
SELTZER SHARI
REGION CODE ADDRESS : 215 HARRISON AVENUE
01 CITY : WESTFIELD
STATE/ZIP : NJ 07090
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,874.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.02500
----------------------------------------------------------------------------
0 0031718208 MORTGAGORS: FORD ANDREW
REGION CODE ADDRESS : 465 EAST 5TH STREET
01 CITY : BENICIA
STATE/ZIP : CA 94510
MORTGAGE AMOUNT : 146,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 145,229.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 972.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.81000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,037,650.00
P & I AMT: 7,098.80 UPB AMT: 1,030,947.87
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 148
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031720394 MORTGAGORS: ZHANG PAUL
YUM SABRINA
REGION CODE ADDRESS : 20 DARIA ROSE COURT
01 CITY : MEDIA
STATE/ZIP : PA 19063
MORTGAGE AMOUNT : 253,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,858.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,730.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031723067 MORTGAGORS: GALEAZ GREGORY
REGION CODE ADDRESS : 135 JOHNSON DRIVE F/K/A LOT 52
01 CITY : HOLLISTON
STATE/ZIP : MA 01746
MORTGAGE AMOUNT : 466,313.00 OPTION TO CONVERT :
UNPAID BALANCE : 466,313.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,102.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------------------
0 0031726201 MORTGAGORS: ADAMS JEFFREY
ADAMS LANA
REGION CODE ADDRESS : 1042 VERONA AVENUE
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 164,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 164,016.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,124.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031727381 MORTGAGORS: FOX ALEX
FOX LESLIE
REGION CODE ADDRESS : 20548 BREEZYHILL DRIVE
01 CITY : ASHBURN
STATE/ZIP : VA 20147
MORTGAGE AMOUNT : 258,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,675.98 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 77.47700
----------------------------------------------------------------------------
0 0031727555 MORTGAGORS: TANAKA DONALD
TANAKA MELANIE
REGION CODE ADDRESS : 336 QUINCY AVENUE
01 CITY : LONG BEACH
STATE/ZIP : CA 90814
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,794.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,923.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.68669
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,425,113.00
P & I AMT: 9,556.34 UPB AMT: 1,417,383.20
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 149
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031728322 MORTGAGORS: MASJEDI ABBAS
MASJEDI DIANA
REGION CODE ADDRESS : 25758 DURRWOOD COURT
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,746.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,983.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.47300
----------------------------------------------------------------------------
0 0031736044 MORTGAGORS: LAULE J.
LAULE JOAN
REGION CODE ADDRESS : 8 CALLE MARIA
01 CITY : RANCHO SANTA MARGARITA
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 167,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 166,387.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,182.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.90400
----------------------------------------------------------------------------
0 0031737588 MORTGAGORS: BREW GREGORY
BREW REXANN
REGION CODE ADDRESS : 788 NORTH CATALINA AVENUE
01 CITY : PASADENA
STATE/ZIP : CA 91104
MORTGAGE AMOUNT : 183,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 182,494.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,265.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031739220 MORTGAGORS: EMERMAN SCOTT
EMERMAN AMY
REGION CODE ADDRESS : 41 KNOB HILL STREET
01 CITY : SHARON
STATE/ZIP : MA 02067
MORTGAGE AMOUNT : 313,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,612.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,139.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031741424 MORTGAGORS: SIMAS RITA
REGION CODE ADDRESS : 1609 ELECTRIC AVENUE
01 CITY : SEAL BEACH
STATE/ZIP : CA 90740
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,005.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,167.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.66666
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,275,800.00
P & I AMT: 8,738.14 UPB AMT: 1,272,246.67
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 150
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031741804 MORTGAGORS: AVENDANO JORGE
AVENDANO CINDY
REGION CODE ADDRESS : 16053 MART DRIVE
01 CITY : LA MIRADA
STATE/ZIP : CA 90638
MORTGAGE AMOUNT : 199,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 198,046.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,394.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031743347 MORTGAGORS: INGRAM MICHAEL
INGRAM SUZANNE
REGION CODE ADDRESS : 3335 NORTH SHORE DRIVE
01 CITY : ONTARIO
STATE/ZIP : CA 91761
MORTGAGE AMOUNT : 175,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 174,442.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,224.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.64800
----------------------------------------------------------------------------
0 0031746191 MORTGAGORS: ORROCK WILLIAM
ORROCK GAIL
REGION CODE ADDRESS : 1444 SIERRA AVENUE,
01 CITY : NAPA,
STATE/ZIP : CA 94558
MORTGAGE AMOUNT : 152,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 151,566.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,088.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031748197 MORTGAGORS: MEAD DAVID
MEAD CECELIA
REGION CODE ADDRESS : 1 WAMPATUCK RD
01 CITY : DEDHAM
STATE/ZIP : MA 02026
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,078.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 54.54500
----------------------------------------------------------------------------
0 0031749922 MORTGAGORS: CUMMINGS CHRISTOPHER
CUMMINGS ELIZABETH
REGION CODE ADDRESS : 1011 MAIN STREET
01 CITY : COTUIT
STATE/ZIP : MA 02635
MORTGAGE AMOUNT : 436,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 434,894.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,864.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,262,600.00
P & I AMT: 8,670.08 UPB AMT: 1,258,028.52
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 151
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031750086 MORTGAGORS: LI DAVID
REGION CODE ADDRESS : 10 WALNUT STREET (LOT 71A)
01 CITY : ACTON
STATE/ZIP : MA 01720
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,101.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 67.41500
----------------------------------------------------------------------------
0 0031750433 MORTGAGORS: FOLEY PETER
MALBA SUSAN
REGION CODE ADDRESS : 9 BRANDY RIDGE ROAD
01 CITY : SPARTA
STATE/ZIP : NJ 07871
MORTGAGE AMOUNT : 329,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,272.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.77200
----------------------------------------------------------------------------
0 0031755218 MORTGAGORS: CHANG GARY
YOUNG KATHERINE
REGION CODE ADDRESS : 1336 EAST PALMER AVENUE
01 CITY : GLENDALE
STATE/ZIP : CA 91205
MORTGAGE AMOUNT : 197,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 196,819.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,347.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031756729 MORTGAGORS: ZGONIS CONSTANTINE
REGION CODE ADDRESS : 87 HILL STREET
01 CITY : CONCORD
STATE/ZIP : MA 01742
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,685.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 57.00000
----------------------------------------------------------------------------
0 0031756885 MORTGAGORS: SHAH SHIRISH
SHAH SANDHYA
REGION CODE ADDRESS : 19076 CANYON TERRACE DRIVE
01 CITY : TRABUCO CANYON AREA
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 114,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 113,746.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 807.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,197,200.00
P & I AMT: 8,210.57 UPB AMT: 1,195,167.16
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 152
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031758667 MORTGAGORS: HOLBROOK TODD
HOLBROOK LISA
REGION CODE ADDRESS : 97 DEEPDALE ROAD
01 CITY : WAYNE
STATE/ZIP : PA 19087
MORTGAGE AMOUNT : 269,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,463.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,905.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031758725 MORTGAGORS: GIUGLIANO ROBERT
GIUGLIANO KATHLEEN
REGION CODE ADDRESS : 135 CONANT ROAD
01 CITY : WESTWOOD
STATE/ZIP : MA 02090
MORTGAGE AMOUNT : 371,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 370,458.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,566.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.93100
----------------------------------------------------------------------------
0 0031760952 MORTGAGORS: TINK MARK
TINK REBECCA
REGION CODE ADDRESS : 860 PROSPECT BLVD
01 CITY : WATERLOO
STATE/ZIP : IA 50701
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,754.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,148.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.59000
----------------------------------------------------------------------------
0 0031764681 MORTGAGORS: JENKINS JOHN
STILES NANCY
REGION CODE ADDRESS : 4211 WILTON WOODS LANE
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22310
MORTGAGE AMOUNT : 287,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,770.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 86.57616
----------------------------------------------------------------------------
0 0031764723 MORTGAGORS: PATTERSON GREGORY
HEIRY THOMAS
REGION CODE ADDRESS : 2423 VALLEY VIEW DRIVE
01 CITY : CEDAR HILL
STATE/ZIP : TX 75104
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,763.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,916.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,530,850.00
P & I AMT: 10,470.80 UPB AMT: 1,528,210.19
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 153
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031765019 MORTGAGORS: TOSCANO PAUL
TOSCANO KAREN
REGION CODE ADDRESS : 43 SHARON ANN LANE
01 CITY : EAST FALMOUTH
STATE/ZIP : MA 02536
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,108.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,145.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 45.27000
----------------------------------------------------------------------------
0 0031766009 MORTGAGORS: HAN KI
HAN KWI
REGION CODE ADDRESS : 915 LIBERTY STREET
01 CITY : BRAINTREE
STATE/ZIP : MA 02184
MORTGAGE AMOUNT : 309,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,137.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 92.38800
----------------------------------------------------------------------------
0 0031769946 MORTGAGORS: KNEPPER JUDITH
REGION CODE ADDRESS : 700 FITZHUGH WAY
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22314
MORTGAGE AMOUNT : 301,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,850.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 78.60300
----------------------------------------------------------------------------
0 0031770381 MORTGAGORS: COOK LISA
REGION CODE ADDRESS : LOT #9 TAMARACK FARM
01 CITY : SOLEBURY
STATE/ZIP : PA 18963
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,418.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,665.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031771587 MORTGAGORS: PARSONS ALICE
MC GINLEY CHARLES
REGION CODE ADDRESS : 761 CALIFORNIA AVENUE
01 CITY : RENO
STATE/ZIP : NV 89509
MORTGAGE AMOUNT : 287,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 57.40000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,613,350.00
P & I AMT: 10,863.33 UPB AMT: 1,611,876.59
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 154
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031772254 MORTGAGORS: WRIGHT MICHAEL
WRIGHT KELLY
REGION CODE ADDRESS : 1508 BORDEAUX PLACE
01 CITY : NORFOLK
STATE/ZIP : VA 23509
MORTGAGE AMOUNT : 232,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,149.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.58 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 8.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031772809 MORTGAGORS: DOBBINS ROBERT
DOBBINS CARRIE
REGION CODE ADDRESS : 825/835 MIDDLE RINCON ROAD,
01 CITY : SANTA ROSA,
STATE/ZIP : CA 95409
MORTGAGE AMOUNT : 220,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 219,688.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,484.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031773567 MORTGAGORS: HONIG STEPHEN
HONIG JILL
REGION CODE ADDRESS : 18 COTTONWOOD DRIVE
01 CITY : ROBBINSVILLE
STATE/ZIP : NJ 08691
MORTGAGE AMOUNT : 512,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 510,054.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,577.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/23
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031778111 MORTGAGORS: MABEE DAVID
REGION CODE ADDRESS : 844 13TH STREET
01 CITY : HERMOSA BEACH
STATE/ZIP : CA 90254
MORTGAGE AMOUNT : 304,505.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,770.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,103.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 55.36400
----------------------------------------------------------------------------
0 0031778285 MORTGAGORS: SULLIVAN ROBERT
REGION CODE ADDRESS : 8252 DARSY DRIVE,
01 CITY : HUNTINGTON BEACH,
STATE/ZIP : CA 92647
MORTGAGE AMOUNT : 204,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 203,403.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,443.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,473,655.00
P & I AMT: 10,358.50 UPB AMT: 1,468,067.35
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 155
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031779416 MORTGAGORS: LYNES WILLIAM
LYNES KATHLEEN
REGION CODE ADDRESS : HIDDEN FOX COURT
01 CITY : ELLICOTT CITY
STATE/ZIP : MD 21042
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 450,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,108.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.86600
----------------------------------------------------------------------------
0 0031779432 MORTGAGORS: FEINSTEIN STEVEN
FEINSTEIN KIMBERLEY
REGION CODE ADDRESS : 7 CAPTAIN BROWN'S LANE
01 CITY : ACTON
STATE/ZIP : MA 01720
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,714.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,153.35 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031780273 MORTGAGORS: KLUNDER JIM
KLUNDER MARILYN
REGION CODE ADDRESS : 1515 LEOPARD WAY
01 CITY : BERWYN
STATE/ZIP : PA 19312
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,233.56 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031782790 MORTGAGORS: WOOD ROBERT
WOOD COLLEEN
REGION CODE ADDRESS : 594 E. CHANNEL ROAD
01 CITY : SANTA MONICA
STATE/ZIP : CA 90402
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,410.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,299.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 28.00000
----------------------------------------------------------------------------
0 0031783145 MORTGAGORS: TAYLOR BRETT
TAYLOR COURTENAY
REGION CODE ADDRESS : 102 TRINITY BLUFFS ROAD
01 CITY : ALEDO
STATE/ZIP : TX 76008
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,368.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,554.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,856,000.00
P & I AMT: 12,348.96 UPB AMT: 1,854,493.02
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 156
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031784846 MORTGAGORS: GREENLEE JOHN
REGION CODE ADDRESS : 600 FLINT AVENUE
01 CITY : LONG BEACH
STATE/ZIP : CA 90814
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,190.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,887.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.41100
----------------------------------------------------------------------------
0 0031786155 MORTGAGORS: HALPERT LESLIE
COPLEY MARY
REGION CODE ADDRESS : 1450 IDLEWOOD ROAD
01 CITY : GLENDALE
STATE/ZIP : CA 91202
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,284.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,073.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031786999 MORTGAGORS: MAISNIK HUGO
MAISNIK JOY
REGION CODE ADDRESS : 1986 VERDE VISTA DRIVE
01 CITY : MONTEREY PARK
STATE/ZIP : CA 91754
MORTGAGE AMOUNT : 224,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 223,240.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,471.53 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031787195 MORTGAGORS: LIMER CHRISTOPHER
LIMER AMY
REGION CODE ADDRESS : 38 SPRING VIEW WAY
01 CITY : LAS FLORES
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 285,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,321.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,923.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.98700
----------------------------------------------------------------------------
0 0031787757 MORTGAGORS: PERSONS BRIAN
PERSONS DARLENE
REGION CODE ADDRESS : LOT 3 STONESTREET ROAD
01 CITY : LA PLATA
STATE/ZIP : MD 20646
MORTGAGE AMOUNT : 237,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,903.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,616.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.98900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,320,550.00
P & I AMT: 8,973.80 UPB AMT: 1,315,941.24
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 157
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031790298 MORTGAGORS: FARIAS BENEDICT
FARIAS DEBORAH
REGION CODE ADDRESS : 5051 BALSAWOOD
01 CITY : IRVINE
STATE/ZIP : CA 92612
MORTGAGE AMOUNT : 213,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 212,734.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,509.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 93.10000
----------------------------------------------------------------------------
0 0031790447 MORTGAGORS: GLYNN JAMES
SPARANO ELLEN
REGION CODE ADDRESS : 26 HEATHER LANE
01 CITY : MAHWAH
STATE/ZIP : NJ 07430
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,265.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,210.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031790892 MORTGAGORS: HOLMES J
REGION CODE ADDRESS : 10220 BROWNS MILL RD
01 CITY : FAIRFAX
STATE/ZIP : VA 22182
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,504.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,489.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.78787
----------------------------------------------------------------------------
0 0031791361 MORTGAGORS: GANO JAMES
GANO RENA
REGION CODE ADDRESS : 16411 18TH DRIVE SE
01 CITY : MILL CREEK
STATE/ZIP : WA 98012
MORTGAGE AMOUNT : 250,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,299.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,687.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.77700
----------------------------------------------------------------------------
0 0031791387 MORTGAGORS: KRIVOKOPICH ROBERT
KRIVOKOPICH LISA
REGION CODE ADDRESS : 16419 18TH DRIVE SE
01 CITY : MILL CREEK
STATE/ZIP : WA 98012
MORTGAGE AMOUNT : 246,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,998.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,637.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.40700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,679,900.00
P & I AMT: 11,534.22 UPB AMT: 1,676,801.69
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 158
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031791445 MORTGAGORS: STEIN PETER
STEIN JEANNE
REGION CODE ADDRESS : 35 EASTMAN LANE
01 CITY : HOLLIS
STATE/ZIP : NH 03049
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,216.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,455.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031791460 MORTGAGORS: MAYUGA RONALDO
MAYUGA JOCELYNN
REGION CODE ADDRESS : 12764 OAK FARMS DRIVE
01 CITY : OAK HILL
STATE/ZIP : VA 20171
MORTGAGE AMOUNT : 343,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,061.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,255.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.98800
----------------------------------------------------------------------------
0 0031791585 MORTGAGORS: KINDRED GREGORY
KINDRED GINGER
REGION CODE ADDRESS : 1725 LAZY RIVER LANE
01 CITY : DUNWOODY
STATE/ZIP : GA 30350
MORTGAGE AMOUNT : 406,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 405,793.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,706.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031792625 MORTGAGORS: GARCIA ENRIQUE
MUNOZ FRANK
REGION CODE ADDRESS : 525 EAST SEASIDE WAY #1607
01 CITY : LONG BEACH
STATE/ZIP : CA 91802
MORTGAGE AMOUNT : 244,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,967.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,666.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031795453 MORTGAGORS: MOZELESKI ROBERT
MOZELESKI LAURA
REGION CODE ADDRESS : 4508 GASTON STREET
01 CITY : CHANTILLY
STATE/ZIP : VA 20151
MORTGAGE AMOUNT : 267,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,975.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,755.31 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,621,700.00
P & I AMT: 10,840.06 UPB AMT: 1,619,014.63
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 159
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031796568 MORTGAGORS: ROSENBAUM DAN
ROSENBAUM AMY
REGION CODE ADDRESS : 16 GLENBROOK ROAD
01 CITY : NEW ROCHELLE
STATE/ZIP : NY 10804
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,293.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031796725 MORTGAGORS: SHRAGGE ABRAHAM
SHRAGGE JUDITH
REGION CODE ADDRESS : 5308 EAST PALISADES ROAD
01 CITY : SAN DIEGO
STATE/ZIP : CA 92116
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,970.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,313.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.44400
----------------------------------------------------------------------------
0 0031797020 MORTGAGORS: MARLOWE HOWARD
COVIELLO SARAH
REGION CODE ADDRESS : 5530 WARWICK PLACE
01 CITY : CHEVY CHASE
STATE/ZIP : MD 20815
MORTGAGE AMOUNT : 262,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,089.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,790.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.91700
----------------------------------------------------------------------------
0 0031797269 MORTGAGORS: CAPUTO SALVATORE
CAPUTO DEBRA
REGION CODE ADDRESS : LOT 9 CHESTER COURT
01 CITY : HUNTINGTON
STATE/ZIP : NY 11743
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,865.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 69.80800
----------------------------------------------------------------------------
0 0031797897 MORTGAGORS: FLICK KURT
FLICK MARIA
REGION CODE ADDRESS : 2 CALLE DE LOS GRABADOS
01 CITY : RANCHO SANTA MARGARITA
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 155,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 154,711.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,058.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,484,700.00
P & I AMT: 10,321.92 UPB AMT: 1,482,771.41
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 160
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031799380 MORTGAGORS: SMITH JOHN
SMITH DONNA
REGION CODE ADDRESS : 12772 GLORIA STREET
01 CITY : GARDEN GROVE
STATE/ZIP : CA 92843
MORTGAGE AMOUNT : 126,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 126,510.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 876.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.51428
----------------------------------------------------------------------------
0 0031799893 MORTGAGORS: ROBINSON TODD
ROBINSON ELIZABETH
REGION CODE ADDRESS : 6154 VIA ESCONDIDO DRIVE
01 CITY : MALIBU
STATE/ZIP : CA 90265
MORTGAGE AMOUNT : 590,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 588,534.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,024.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.75000
----------------------------------------------------------------------------
0 0031802457 MORTGAGORS: CORTES CASIMIRO
CORTES OLIVIA
REGION CODE ADDRESS : 401 NORTH ALLEN AVENUE,
01 CITY : PASADENA,
STATE/ZIP : CA 91106
MORTGAGE AMOUNT : 264,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,478.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,801.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031803620 MORTGAGORS: JOHNSON KYLE
CITRO NICOLE
REGION CODE ADDRESS : D 1701 DAYTON
01 CITY : CHICAGO
STATE/ZIP : IL 60614
MORTGAGE AMOUNT : 248,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,313.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,697.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031805336 MORTGAGORS: LAMP SCOTT
DUENAS CECILIA
REGION CODE ADDRESS : 604 LYNWOOD STREET
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91360
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,454.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,128.45 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,553,900.00
P & I AMT: 10,529.33 UPB AMT: 1,550,291.17
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 161
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031808322 MORTGAGORS: MAHONEY CAROL
MAHONEY DENNIS
REGION CODE ADDRESS : 62 HASTINGS LANE
01 CITY : STAMFORD
STATE/ZIP : CT 06905
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,200.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,708.01 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 54.73600
----------------------------------------------------------------------------
0 0031810476 MORTGAGORS: STODDARD DOUGLAS
VETRANO JOHN
REGION CODE ADDRESS : 28 FAYETTE ST
01 CITY : BOSTON
STATE/ZIP : MA 02116
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,342.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,865.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0031811110 MORTGAGORS: VALENTI JAMES
VALENTI JEAN
REGION CODE ADDRESS : 37 LONDONDERRY ROAD
01 CITY : WINDHAM
STATE/ZIP : NH 03087
MORTGAGE AMOUNT : 311,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,513.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,186.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.74359
----------------------------------------------------------------------------
0 0031812407 MORTGAGORS: MAGNUS THOMAS
MAGNUS ADRIA
REGION CODE ADDRESS : 48 BORDER PLACE
01 CITY : LITTLE SILVER
STATE/ZIP : NJ 07739
MORTGAGE AMOUNT : 364,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,486.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 84.76744
----------------------------------------------------------------------------
0 0031812779 MORTGAGORS: O'CONNELL MARK
LAUFER RUBY
REGION CODE ADDRESS : 6 PAAG LANE
01 CITY : LITTLE SILVER
STATE/ZIP : NJ 07739
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,739.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,548.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,715,500.00
P & I AMT: 11,793.87 UPB AMT: 1,713,296.33
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 162
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031812902 MORTGAGORS: WINSTON ROBERT
WINSTON JENNIFER
REGION CODE ADDRESS : 2909 CACATUA STREET
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 277,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,643.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,893.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031814742 MORTGAGORS: KHANNA CHANCHAL
KHANNA OM
REGION CODE ADDRESS : 5690 OAK CREST LANE
01 CITY : DOYLESTOWN
STATE/ZIP : PA 18901
MORTGAGE AMOUNT : 504,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 504,550.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,399.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 50.45500
----------------------------------------------------------------------------
0 0031815012 MORTGAGORS: MARTIN WILLIAM
REGION CODE ADDRESS : 710 FITZHUGH WAY
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22314
MORTGAGE AMOUNT : 288,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,201.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,870.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.98800
----------------------------------------------------------------------------
0 0031815137 MORTGAGORS: PREVITE BRYAN
PREVITE DEBORA
REGION CODE ADDRESS : 33 RICHMOND DRIVE
01 CITY : DARIEN
STATE/ZIP : CT 06820
MORTGAGE AMOUNT : 328,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,959.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,185.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 64.16000
----------------------------------------------------------------------------
0 0031815301 MORTGAGORS: CIMINO RICHARD
CIMINO CAROL
REGION CODE ADDRESS : 24392 VIA SAN CLEMENTE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,784.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,882.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,675,000.00
P & I AMT: 11,231.50 UPB AMT: 1,673,139.96
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 163
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031817489 MORTGAGORS: HAMMOND JOHN
REGION CODE ADDRESS : 374 SILVERBROOK DRIVE
01 CITY : ANAHEIM
STATE/ZIP : CA 92807
MORTGAGE AMOUNT : 298,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,298.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,032.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.78500
----------------------------------------------------------------------------
0 0031817513 MORTGAGORS: BOLSTRIDGE ALAN
BOLSTRIDGE BARBARA
REGION CODE ADDRESS : 38486 MILLSTONE DRIVE
01 CITY : PURCELLVILLE
STATE/ZIP : VA 20132
MORTGAGE AMOUNT : 251,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,778.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,672.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------------------
0 0031817901 MORTGAGORS: MCHUGH KEVIN
MCHUGH HELEN
REGION CODE ADDRESS : 530 SIMMONS HILL ROAD
01 CITY : ALPHARETTA
STATE/ZIP : GA 30004
MORTGAGE AMOUNT : 414,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,305.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,789.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031819733 MORTGAGORS: BRAZILL CHRISTOPHER
BRAZILL DIANA
REGION CODE ADDRESS : 75 CLINTON AVE
01 CITY : RIDGEWOOD
STATE/ZIP : NJ 07450
MORTGAGE AMOUNT : 388,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 388,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,614.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.18300
----------------------------------------------------------------------------
0 0031820236 MORTGAGORS: OLIVER JAMES
OLIVER PAMELA
REGION CODE ADDRESS : 14 BRIDSEYE GLEN
01 CITY : VERONA
STATE/ZIP : NJ 07044
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,655.46 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,603,400.00
P & I AMT: 10,764.16 UPB AMT: 1,600,381.80
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 164
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031820681 MORTGAGORS: REUSS WAYNE
REUSS MICHELLE
REGION CODE ADDRESS : 5524 MOONSHADOW ST.
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93063
MORTGAGE AMOUNT : 274,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,524.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,827.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.76400
----------------------------------------------------------------------------
0 0031820707 MORTGAGORS: PETERSON ERIC
PETERSON SUZANNE
REGION CODE ADDRESS : LOT 16 CEDAR HILL ESTATES
01 CITY : WESTWOOD
STATE/ZIP : MA 02090
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,309.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,794.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.59815
----------------------------------------------------------------------------
0 0031821457 MORTGAGORS: BRENNAN PAUL
BRENNAN SUSAN
REGION CODE ADDRESS : LOT 10, 2 BLYE ROAD
01 CITY : HAVERHILL
STATE/ZIP : MA 01832
MORTGAGE AMOUNT : 250,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,204.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,708.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.99200
----------------------------------------------------------------------------
0 0031822166 MORTGAGORS: PLOMIN JOSEPH
PLOMIN SUSAN
REGION CODE ADDRESS : 791 JOHNSTON CT
01 CITY : WINCHESTER
STATE/ZIP : VA 22601
MORTGAGE AMOUNT : 358,880.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,571.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,327.69 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.55300
----------------------------------------------------------------------------
0 0031822992 MORTGAGORS: BERMAN SCOTT
BERMAN BETHANNE
REGION CODE ADDRESS : LAUREL GROVE ROAD
01 CITY : WINCHESTER
STATE/ZIP : VA 22602
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,822.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,805.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,556,030.00
P & I AMT: 10,463.41 UPB AMT: 1,554,432.05
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 165
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031823230 MORTGAGORS: BALSER VERNON
REGION CODE ADDRESS : 15 BRIDLE PATH ROAD
01 CITY : TWEKSBURY
STATE/ZIP : MA 01876
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,506.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.37600
----------------------------------------------------------------------------
0 0031823933 MORTGAGORS: ENEBOE DAVID
ENEBOE DONNA
REGION CODE ADDRESS : 5345 E MCLELLAN #110
01 CITY : MESA
STATE/ZIP : AZ 85205
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,725.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,401.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.22200
----------------------------------------------------------------------------
0 0031824089 MORTGAGORS: DANIELE RICHARD
DANIELE SUSAN
REGION CODE ADDRESS : 292 BROOK VALLEY ROAD
01 CITY : KINNELON
STATE/ZIP : NJ 07405
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031824378 MORTGAGORS: VANHOVE KENNETH
VANHOVE DAWN
REGION CODE ADDRESS : 7371 SHINING WOOD COURT
01 CITY : MANASSAS
STATE/ZIP : VA 20111
MORTGAGE AMOUNT : 253,525.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,312.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,665.48 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.35000
----------------------------------------------------------------------------
0 0031824444 MORTGAGORS: MAISSEL DR. GERDA
MUNIC JEROME
REGION CODE ADDRESS : 101 ELY ROAD
01 CITY : LONGMEADOW
STATE/ZIP : MA 01106
MORTGAGE AMOUNT : 356,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 356,193.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,312.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 70.59400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,612,025.00
P & I AMT: 10,529.93 UPB AMT: 1,610,737.22
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 166
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031825276 MORTGAGORS: SCHWINDT CATHERINE
HENZIE GREGORY
REGION CODE ADDRESS : 17790 SARAZAN LANE
01 CITY : SUNRIVER
STATE/ZIP : OR 97707
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,760.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.23300
----------------------------------------------------------------------------
0 0031825664 MORTGAGORS: RIZZO ROBERT
MACDOUGALL BETH
REGION CODE ADDRESS : 92 ARLINGTON STREET
01 CITY : WINCHESTER
STATE/ZIP : MA 01890
MORTGAGE AMOUNT : 287,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,776.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 86.44500
----------------------------------------------------------------------------
0 0031826050 MORTGAGORS: KENNEDY FRANK
KENNEDY ANNETTE
REGION CODE ADDRESS : 5622 JEFFERSON BLVD
01 CITY : FREDERICK
STATE/ZIP : MD 21701
MORTGAGE AMOUNT : 278,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,400.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,875.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031826589 MORTGAGORS: GERAGHTY RAYMOND
BOGUSZ BARBARA
REGION CODE ADDRESS : 4 REX COURT
01 CITY : RINGOES
STATE/ZIP : NJ 08551
MORTGAGE AMOUNT : 295,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,280.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,066.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 88.84200
----------------------------------------------------------------------------
0 0031827561 MORTGAGORS: WATKINSON WAYNE
WATKINSON CARMELITA
REGION CODE ADDRESS : 4225 GREAT OAK ROAD
01 CITY : ROCKVILLE
STATE/ZIP : MD 20853
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,257.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,495.48 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,528,850.00
P & I AMT: 10,155.38 UPB AMT: 1,526,714.62
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 167
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031827892 MORTGAGORS: CONSTANTINO ROBERT
CONSTANTINO KAREN
REGION CODE ADDRESS : 43 SHRINE ROAD
01 CITY : NORWELL
STATE/ZIP : MA 02061
MORTGAGE AMOUNT : 367,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,445.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.69200
----------------------------------------------------------------------------
0 0031828031 MORTGAGORS: KOBERNICK TODD
KOBERNICK DEENA
REGION CODE ADDRESS : 5014 BROOKBURN DRIVE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 367,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,506.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.01000
----------------------------------------------------------------------------
0 0031828080 MORTGAGORS: BRUST DENNIS
BRUST THERESA
REGION CODE ADDRESS : 45995 ROUTT COUNTY ROAD 129
01 CITY : STEAMBOAT SPRINGS
STATE/ZIP : CO 80477
MORTGAGE AMOUNT : 591,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 591,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,935.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0031828551 MORTGAGORS: TAHAJIAN DAVID
TAHAJIAN CATHERINE
REGION CODE ADDRESS : 40 LINCOLN ST
01 CITY : BELMONT
STATE/ZIP : MA 02178
MORTGAGE AMOUNT : 398,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 397,681.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,681.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.60000
----------------------------------------------------------------------------
0 0031829443 MORTGAGORS: SHADID STEPHEN
SHADID MARGARET
REGION CODE ADDRESS : 935 CLINTON PLACE
01 CITY : RIVER FOREST
STATE/ZIP : IL 60305
MORTGAGE AMOUNT : 373,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,512.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.13700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,097,500.00
P & I AMT: 14,081.62 UPB AMT: 2,097,181.73
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 168
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031829948 MORTGAGORS: FRIEBAND DAVID
FRIEBAND PATRICIA
REGION CODE ADDRESS : 5091 GOLDEN NUGGET WAY
01 CITY : AGOURA
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 377,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,698.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,539.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.54500
----------------------------------------------------------------------------
0 0031829997 MORTGAGORS: MALLOY KAREN
REGION CODE ADDRESS : 579 HIGHLAND STREET
01 CITY : MARSHFIELD
STATE/ZIP : MA 02059
MORTGAGE AMOUNT : 339,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,235.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,315.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0031830565 MORTGAGORS: SHIELDS MICHAEL
REGION CODE ADDRESS : 1100 OAK HILL ROAD
01 CITY : DOWNERS GROVE
STATE/ZIP : IL 60515
MORTGAGE AMOUNT : 287,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,909.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.52600
----------------------------------------------------------------------------
0 0031830805 MORTGAGORS: EDIGER DANIEL
EDIGER JENNIFER
REGION CODE ADDRESS : 7826 BLERIOT AVENUE
01 CITY : WESTCHESTER
STATE/ZIP : CA 90045
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,565.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,694.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031830904 MORTGAGORS: KREY RUSSELL
KREY MICHAELENE
REGION CODE ADDRESS : 1035 ALFRED AVENUE
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94596
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,514.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,891.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.90400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,549,500.00
P & I AMT: 10,352.15 UPB AMT: 1,548,013.65
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 169
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031831274 MORTGAGORS: GRIFFITH WAYMAN
GRIFFITH JACQUELYN
REGION CODE ADDRESS : 3200 SHORTRIDGE LANE
01 CITY : BOWIE
STATE/ZIP : MD 20721
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,849.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,162.03 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 74.28500
----------------------------------------------------------------------------
0 0031831449 MORTGAGORS: SHAW JAMES
SHAW SUSAN
REGION CODE ADDRESS : 837 VICTORIA PLACE
01 CITY : BURBANK
STATE/ZIP : CA 91504
MORTGAGE AMOUNT : 309,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,246.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,059.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 88.42800
----------------------------------------------------------------------------
0 0031831589 MORTGAGORS: BOGDANOVIC MILAN
BOGDANOVIC JANET
REGION CODE ADDRESS : 5328 CHANDLEY FARM CIR.
01 CITY : CENTREVILLE
STATE/ZIP : VA 20120
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,605.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,262.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.27200
----------------------------------------------------------------------------
0 0031832710 MORTGAGORS: SCOTT LENA
LUNDH K
REGION CODE ADDRESS : 3437 RECTORTOWN ROAD
01 CITY : MARSHALL
STATE/ZIP : VA 20115
MORTGAGE AMOUNT : 734,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 733,383.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,821.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 015
LTV : 63.82600
----------------------------------------------------------------------------
0 0031832801 MORTGAGORS: ASWAD MILHIN
ASWAD MAHA
REGION CODE ADDRESS : 9 LAURA LANE
01 CITY : WESTWOOD
STATE/ZIP : MA 02090
MORTGAGE AMOUNT : 402,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 402,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,708.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.31034
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,435,500.00
P & I AMT: 16,013.38 UPB AMT: 2,432,085.25
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 170
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031834302 MORTGAGORS: DIDRICK DONALD
REGION CODE ADDRESS : 580 LANE 101 JIMMERSON LAKE
01 CITY : ANGOLA
STATE/ZIP : IN 46703
MORTGAGE AMOUNT : 246,910.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,707.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,642.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 61.72700
----------------------------------------------------------------------------
0 0031834732 MORTGAGORS: GOTTLIEB HAROLD
GOTTLIEB JOANN
REGION CODE ADDRESS : 625 BURLEIGH DRIVE
01 CITY : PASADENA
STATE/ZIP : CA 91105
MORTGAGE AMOUNT : 254,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,572.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,668.60 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 40.64000
----------------------------------------------------------------------------
0 0031834740 MORTGAGORS: SOFIA MARK
SOFIA CINDY
REGION CODE ADDRESS : 16 CANDEUB COURT
01 CITY : MANALAPAN
STATE/ZIP : NJ 07726
MORTGAGE AMOUNT : 254,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,988.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/19
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.84200
----------------------------------------------------------------------------
0 0031834815 MORTGAGORS: RODMAN BERTRAM
RODMAN SUE
REGION CODE ADDRESS : 126 METOXIT ROAD
01 CITY : FALMOUTH
STATE/ZIP : MA 02536
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,754.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031834930 MORTGAGORS: SWICKARD SCOTT
SWICKARD ANNE
REGION CODE ADDRESS : 28111 PALMADA
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,354,910.00
P & I AMT: 9,342.11 UPB AMT: 1,354,033.70
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 171
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031835747 MORTGAGORS: LIVARJANI ESMAEIL
NASSEHI MEHRAN
REGION CODE ADDRESS : 1608 BLUE MEADOW ROAD
01 CITY : ROCKVILLE
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,312.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,849.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.88500
----------------------------------------------------------------------------
0 0031836117 MORTGAGORS: HUGHES JOHN
HUGHES EILEEN
REGION CODE ADDRESS : 17 SAGAMORE COVE ROAD
01 CITY : BRANFORD
STATE/ZIP : CT 06405
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,270.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 68.62700
----------------------------------------------------------------------------
0 0031837081 MORTGAGORS: MCGEOUGH DENISE
MCGEOUGH JOHN
REGION CODE ADDRESS : 4 POND BROOK CIRCLE
01 CITY : WESTON
STATE/ZIP : MA 02493
MORTGAGE AMOUNT : 431,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 430,655.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,903.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.96428
----------------------------------------------------------------------------
0 0031837206 MORTGAGORS: GERDOM PETER
GERDOM JANET
REGION CODE ADDRESS : 5021 SILVERMINE COURT
01 CITY : MILFORD
STATE/ZIP : OH 45150
MORTGAGE AMOUNT : 259,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,706.05 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 93.41726
----------------------------------------------------------------------------
0 0031837479 MORTGAGORS: MURRAY KEVIN
MURRAY SUSAN
REGION CODE ADDRESS : 607 TAMARACK ROAD
01 CITY : CHESHIRE
STATE/ZIP : CT 06410
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,560.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,698,700.00
P & I AMT: 11,289.54 UPB AMT: 1,697,667.72
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 172
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031837537 MORTGAGORS: REIMLINGER RICHARD
REIMLINGER VICTORIA
REGION CODE ADDRESS : 832 STEVENS AVENUE
01 CITY : WESTFIELD
STATE/ZIP : NJ 07090
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.00000
----------------------------------------------------------------------------
0 0031837917 MORTGAGORS: SOUDA MICHELE
FINDER JOSEPH
REGION CODE ADDRESS : 273 COMMONWEALTH AVENUE #7
01 CITY : BOSTON
STATE/ZIP : MA 02116
MORTGAGE AMOUNT : 424,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 423,652.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,820.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 35.33300
----------------------------------------------------------------------------
0 0031838568 MORTGAGORS: REIS SEAN
REIS DAWN
REGION CODE ADDRESS : 16139 LA QUINTA COURT
01 CITY : CHINO MILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,206.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031838857 MORTGAGORS: WELLS MICHAEL
WELLS STACEY
REGION CODE ADDRESS : 9508 HEDGEGROVE COVE
01 CITY : GERMANTOWN
STATE/ZIP : TN 38139
MORTGAGE AMOUNT : 311,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,991.37 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.98600
----------------------------------------------------------------------------
0 0031839129 MORTGAGORS: LOWERY ROBERT
LOWERY MARIA
REGION CODE ADDRESS : 3815 MIDDLE RIVER AVENUE
01 CITY : BALTIMORE
STATE/ZIP : MD 21220
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,776.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,561.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 72.22200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,512,000.00
P & I AMT: 9,988.28 UPB AMT: 1,510,635.43
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 173
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031839236 MORTGAGORS: PAPPANO JOHN
PAPPANO LIZA
REGION CODE ADDRESS : 2191 MAIDSTONE
01 CITY : VERNON HILLS
STATE/ZIP : IL 60061
MORTGAGE AMOUNT : 258,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,282.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,698.16 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 59.39800
----------------------------------------------------------------------------
0 0031839285 MORTGAGORS: ARENA JOHN
ARENA KATHRYN
REGION CODE ADDRESS : 809 SHACKLEFORD PL,
01 CITY : EVANS
STATE/ZIP : GA 30809
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,741.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,023.35 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031839921 MORTGAGORS: TAYLOR MICHAEL
TAYLOR LYNNE
REGION CODE ADDRESS : 101 MT. VERNON STREET, UNIT #3
01 CITY : BOSTON
STATE/ZIP : MA 02108
MORTGAGE AMOUNT : 414,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 414,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,754.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.00000
----------------------------------------------------------------------------
0 0031839954 MORTGAGORS: GOLD EVAN
COHEN-GOLD SHARON
REGION CODE ADDRESS : 253 CHARLES RIVER STREET
01 CITY : NEEDHAM
STATE/ZIP : MA 02492
MORTGAGE AMOUNT : 281,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,008.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/24
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 51.55900
----------------------------------------------------------------------------
0 0031840010 MORTGAGORS: HOCTOR WILLIAM
HOCTOR EILEEN
REGION CODE ADDRESS : 444 HIGHVIEW STREET
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91320
MORTGAGE AMOUNT : 262,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,089.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,790.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.20500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,524,000.00
P & I AMT: 10,275.11 UPB AMT: 1,523,113.26
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 174
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031840895 MORTGAGORS: MONFRE PETER
MONFRE SUSAN
REGION CODE ADDRESS : 14225 WEST NORTH OAK BLVD
01 CITY : NEW BERLIN
STATE/ZIP : WI 53146
MORTGAGE AMOUNT : 288,442.93 OPTION TO CONVERT :
UNPAID BALANCE : 286,312.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,054.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/25
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.74700
----------------------------------------------------------------------------
0 0031841166 MORTGAGORS: STERGIS GEORGE
STERGIS DELORES
REGION CODE ADDRESS : 760 ZEUSWYN DRIVE
01 CITY : CULPEPER
STATE/ZIP : VA 22701
MORTGAGE AMOUNT : 351,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,278.53 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 78.06600
----------------------------------------------------------------------------
0 0031841398 MORTGAGORS: RAWSON EDMUND
RAWSON ROSEMARIE
REGION CODE ADDRESS : 120 SILVERMINE AVE,
01 CITY : NORWALK
STATE/ZIP : CT 06851
MORTGAGE AMOUNT : 355,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,701.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,332.10 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 61.20600
----------------------------------------------------------------------------
0 0031842131 MORTGAGORS: LAROCCO JOSEPH
LAROCCO REGINA
REGION CODE ADDRESS : 91 OVERLOOK DRIVE
01 CITY : NEW CANAAN
STATE/ZIP : CT 06840
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,301.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,827.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 66.71899
----------------------------------------------------------------------------
0 0031842867 MORTGAGORS: FRIED MARY
REGION CODE ADDRESS : 4845 EAST THIRD STREET
01 CITY : STOCKTON
STATE/ZIP : CA 95215
MORTGAGE AMOUNT : 55,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 54,873.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 379.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 63.95300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,474,742.93
P & I AMT: 9,873.03 UPB AMT: 1,471,489.01
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 175
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031842891 MORTGAGORS: TONG KIN-WAH
TONG EMILY
REGION CODE ADDRESS : 51 COUNTRY VIEW DRIVE
01 CITY : FREEHOLD
STATE/ZIP : NJ 07728
MORTGAGE AMOUNT : 277,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,305.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,777.19 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 74.01300
----------------------------------------------------------------------------
0 0031842966 MORTGAGORS: WILLIAMS BRADLEY
WILLIAMS SUSAN
REGION CODE ADDRESS : 4546 ALLEN PARK PATH
01 CITY : SUWANEE
STATE/ZIP : GA 30024
MORTGAGE AMOUNT : 359,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,350.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,330.74 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 84.99200
----------------------------------------------------------------------------
0 0031843287 MORTGAGORS: ROGERS CHARLES
ROGERS MARY
REGION CODE ADDRESS : 415 ARBOR COURT
01 CITY : CELEBRATION
STATE/ZIP : FL 34747
MORTGAGE AMOUNT : 438,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 437,973.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,809.36 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031843329 MORTGAGORS: SCHOENLEBER RONALD
SCHOENLEBER NANCY
REGION CODE ADDRESS : 111 WEST HIGH STREET
01 CITY : MILFORD
STATE/ZIP : PA 18337
MORTGAGE AMOUNT : 257,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,692.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031843436 MORTGAGORS: FLORA JONATHAN
MORGAN EMILY
REGION CODE ADDRESS : 4440 DEL MONTE AVENUE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92107
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,967.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.70500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,625,250.00
P & I AMT: 10,576.80 UPB AMT: 1,624,228.80
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 176
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031843683 MORTGAGORS: GORELIK ILYA
UGLOVA SVETLANA
REGION CODE ADDRESS : 7155 BIRCHWOOD
01 CITY : WEST BLOOMIELD
STATE/ZIP : MI 48322
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,770.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,005.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.83800
----------------------------------------------------------------------------
0 0031843717 MORTGAGORS: MAUS GERARD
MAUS SUSAN
REGION CODE ADDRESS : 31 SYLVAN LANE
01 CITY : WESTON
STATE/ZIP : MA 02193
MORTGAGE AMOUNT : 648,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,100.54 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031844301 MORTGAGORS: DALY WILLIAM
DALY JANEEN
REGION CODE ADDRESS : 115-56 BLACK OAK LANE
01 CITY : KINNELON
STATE/ZIP : NJ 07405
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.80049
----------------------------------------------------------------------------
0 0031844491 MORTGAGORS: GARBOUZOV DMITRI
MININA GALINA
REGION CODE ADDRESS : 19 FLEMING WAY
01 CITY : PRINCETON
STATE/ZIP : NJ 08540
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,829.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.36800
----------------------------------------------------------------------------
0 0031844509 MORTGAGORS: LU DAVID
LU DEE
REGION CODE ADDRESS : 236 TRACY DRIVE
01 CITY : MORGANVILLE
STATE/ZIP : NJ 07751
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 63.67300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,849,750.00
P & I AMT: 12,194.45 UPB AMT: 1,849,520.65
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 177
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031844608 MORTGAGORS: MORRIS JAMES
MORRIS NANCY
REGION CODE ADDRESS : 15 GRAHAM PLACE
01 CITY : MILLSTONE
STATE/ZIP : NJ 07726
MORTGAGE AMOUNT : 291,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,939.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.71052
----------------------------------------------------------------------------
0 0031844632 MORTGAGORS: RYAN TERRENCE
RYAN MARY
REGION CODE ADDRESS : 16240 NORTH 63RD PLACE
01 CITY : PHOENIX
STATE/ZIP : AZ 85254
MORTGAGE AMOUNT : 228,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 227,501.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,613.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031844871 MORTGAGORS: TAYLOR DONALD
TAYLOR JEAN
REGION CODE ADDRESS : 100 MEADOW BROOK ROAD
01 CITY : RANDOLPH
STATE/ZIP : NJ 07869
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,716.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.71400
----------------------------------------------------------------------------
0 0031844897 MORTGAGORS: GLADDING DONALD
GLADDING CONNIE
REGION CODE ADDRESS : 6211 PARK HILL DRIVE
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22312
MORTGAGE AMOUNT : 367,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,367.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,324.11 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.99200
----------------------------------------------------------------------------
0 0031845209 MORTGAGORS: SETLOW MARCIE
REGION CODE ADDRESS : 100 ALFORD ROAD
01 CITY : GREAT BARRINGTON
STATE/ZIP : MA 01230
MORTGAGE AMOUNT : 287,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,758.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,885.39 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.54545
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,432,200.00
P & I AMT: 9,479.12 UPB AMT: 1,431,128.27
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 178
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031845746 MORTGAGORS: MELE THOMAS
MELE MARY
REGION CODE ADDRESS : 3060 102 N. RIDGECREST
01 CITY : MESA
STATE/ZIP : AZ 85207
MORTGAGE AMOUNT : 247,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,276.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,564.37 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031845753 MORTGAGORS: CHARNEY SCOTT
JOACHIM LINDA
REGION CODE ADDRESS : 3847 N. RIVER STREET
01 CITY : ARLINGTON
STATE/ZIP : VA 22207
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,707.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,205.23 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 64.76190
----------------------------------------------------------------------------
0 0031845787 MORTGAGORS: BAUGH WILLIAM
BAUGH THIA
REGION CODE ADDRESS : 142 BRIDLE VIEW WAY
01 CITY : SOUDERTON
STATE/ZIP : PA 18964
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,736.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,588.81 OUTSIDE CONV DATE :
LIFETIME RATE : 6.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.00000 PRODUCT CODE : 002
LTV : 85.48300
----------------------------------------------------------------------------
0 0031845795 MORTGAGORS: ZIEGLER SCOTT
ZIEGLER MICHELE
REGION CODE ADDRESS : 24551 MANDO DRIVE
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.22 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 76.25000
----------------------------------------------------------------------------
0 0031845845 MORTGAGORS: MCGOWAN MICHAEL
MCGOWAN KERRY
REGION CODE ADDRESS : 2113 LINK ROAD
01 CITY : SILVER SPRING
STATE/ZIP : MD 20905
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,691.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,241.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 67.30700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,507,500.00
P & I AMT: 9,577.72 UPB AMT: 1,506,410.92
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 179
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031845886 MORTGAGORS: BRONSTON MICHELLE
BRONSTON BENJAMIN
REGION CODE ADDRESS : 4721 CLEARY AVE
01 CITY : METAIRIE
STATE/ZIP : LA 70002
MORTGAGE AMOUNT : 284,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,554.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,847.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031846017 MORTGAGORS: KUSIAK KURT
KUSIAK KATHLEEN
REGION CODE ADDRESS : 22 ARDMORE ROAD
01 CITY : WEST NEWTON
STATE/ZIP : MA 02465
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,692.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,587.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031846215 MORTGAGORS: SHACKNOW SCOTT
SHACHNOW KRISTINA
REGION CODE ADDRESS : 6 BRENTWOOD COURT
01 CITY : WAYNE
STATE/ZIP : NJ 07470
MORTGAGE AMOUNT : 358,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,411.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.65900
----------------------------------------------------------------------------
0 0031846397 MORTGAGORS: DENNIS HAROLD
GERLACH ELIZABETH
REGION CODE ADDRESS : 73 FISHER AVENUE
01 CITY : NEWTON
STATE/ZIP : MA 02461
MORTGAGE AMOUNT : 321,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,135.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 58.36363
----------------------------------------------------------------------------
0 0031846496 MORTGAGORS: HAYES JAMES
HAYES ANNETTE
REGION CODE ADDRESS : 3916 KNOLLWOOD DRIVE
01 CITY : BIRMINGHAM
STATE/ZIP : AL 35243
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,557.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,600.78 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 41.66600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,597,800.00
P & I AMT: 10,582.62 UPB AMT: 1,596,805.35
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 180
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031846645 MORTGAGORS: EASTMAN ROBERT
EASTMAN SUSAN
REGION CODE ADDRESS : 83 CAMBRIDGE PKWY. #402W
01 CITY : CAMBRIDGE
STATE/ZIP : MA 02142
MORTGAGE AMOUNT : 425,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 425,401.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,832.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 35.47900
----------------------------------------------------------------------------
0 0031846785 MORTGAGORS: TARK SUNG
TARK SUE
REGION CODE ADDRESS : 10 MARISOL
01 CITY : NEWPORT COAST AREA
STATE/ZIP : CA 92657
MORTGAGE AMOUNT : 442,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 442,577.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,909.87 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.81000
----------------------------------------------------------------------------
0 0031846801 MORTGAGORS: LEE KIEN
LEUNG SHARON
REGION CODE ADDRESS : 2996 YOUNG
01 CITY : TUSTIN
STATE/ZIP : CA 92782
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,673.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,959.41 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 73.13400
----------------------------------------------------------------------------
0 0031846918 MORTGAGORS: REEVES DOUGLAS
REEVES LINDA
REGION CODE ADDRESS : 1015 GOLDEN GATE DRIVE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92116
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 50.00000
----------------------------------------------------------------------------
0 0031847122 MORTGAGORS: KLEEKAMP KATHRYN
KLEEKAMP CHARLES
REGION CODE ADDRESS : 20 WATER STREET
01 CITY : SANDWICH
STATE/ZIP : MA 02563
MORTGAGE AMOUNT : 329,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,709.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,106.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 78.33333
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,807,700.00
P & I AMT: 11,854.96 UPB AMT: 1,805,128.11
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 181
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031847189 MORTGAGORS: MCBRYDE WILLIAM
MCBRYDE PAULA
REGION CODE ADDRESS : 4285 PRESSWYCK CT
01 CITY : MARIETTA
STATE/ZIP : GA 30062
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,754.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.18100
----------------------------------------------------------------------------
0 0031847239 MORTGAGORS: REILEY MARK
REILEY LYN
REGION CODE ADDRESS : 378 NORTHAM AVENUE
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 288,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,922.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.03000
----------------------------------------------------------------------------
0 0031847569 MORTGAGORS: BRODY TODD
BRODY ELLEN
REGION CODE ADDRESS : 317 VAN NOSTRAND AVE AKA 411 JONES
01 CITY : ENGLEWOOD
STATE/ZIP : NJ 07631
MORTGAGE AMOUNT : 379,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,503.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,590.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 84.40000
----------------------------------------------------------------------------
0 0031847593 MORTGAGORS: JOHNSON RANDY
JOHNSON MAUREEN
REGION CODE ADDRESS : 24941 HON AVENUE
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 235,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,486.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,663.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 92.51968
----------------------------------------------------------------------------
0 0031847650 MORTGAGORS: WU SEN
WU SU
REGION CODE ADDRESS : 1245 MANZANITA DRIVE
01 CITY : MILLBRAE
STATE/ZIP : CA 94030
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,755.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,307.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 48.31600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,533,700.00
P & I AMT: 10,479.61 UPB AMT: 1,532,399.38
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 182
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031847940 MORTGAGORS: SCHAEFER CHARLES
SCHAEFER CATHERINE
REGION CODE ADDRESS : 2704 PENNY ROYAL CIRCLE
01 CITY : NAPERVILLE
STATE/ZIP : IL 60564
MORTGAGE AMOUNT : 252,376.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,376.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,657.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031848005 MORTGAGORS: MERRITT LINDSEY
MERRITT JANEL
REGION CODE ADDRESS : 5947 DOROTHY BOLTON COURT
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22310
MORTGAGE AMOUNT : 321,290.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,748.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,110.65 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031848112 MORTGAGORS: SINKIN GARY
SINKIN ELIZABETH
REGION CODE ADDRESS : 259 PEEKSKILL HOLLOW ROAD
01 CITY : PUTNAM VALLEY
STATE/ZIP : NY 10579
MORTGAGE AMOUNT : 247,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,066.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,728.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.90900
----------------------------------------------------------------------------
0 0031848120 MORTGAGORS: BLOEM FREDERICK
LEE-BLOEM ALICE
REGION CODE ADDRESS : 4108 ALFALFA TERRACE
01 CITY : OLNEY
STATE/ZIP : MD 20832
MORTGAGE AMOUNT : 299,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,769.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,016.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031848211 MORTGAGORS: HOFFMAN KENNETH
HOFFMAN DEBORAH
REGION CODE ADDRESS : 445 RIVENDELL LANE
01 CITY : SEVERNA PARK
STATE/ZIP : MD 21146
MORTGAGE AMOUNT : 302,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,926.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,062.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,422,566.00
P & I AMT: 9,576.41 UPB AMT: 1,420,887.82
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 183
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031848237 MORTGAGORS: DAVIS JOHN
DAVIS MARGARET
REGION CODE ADDRESS : 6575 TIDEWATER LANE
01 CITY : WARRENTON
STATE/ZIP : VA 20187
MORTGAGE AMOUNT : 323,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,693.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,988.77 OUTSIDE CONV DATE :
LIFETIME RATE : 6.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.25000 PRODUCT CODE : 002
LTV : 76.27100
----------------------------------------------------------------------------
0 0031848310 MORTGAGORS: MCCANN ANDREW
REGION CODE ADDRESS : 5615 WILSON LANE
01 CITY : BETHESDA
STATE/ZIP : MD 20814
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,283.07 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031848393 MORTGAGORS: MORINIERE JOHN
MORINIERE ANNE
REGION CODE ADDRESS : 5306 GREEN TREE ROAD
01 CITY : HOUSTON
STATE/ZIP : TX 77056
MORTGAGE AMOUNT : 290,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,948.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,883.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 46.10300
----------------------------------------------------------------------------
0 0031848690 MORTGAGORS: DAVIS JOHN
DAVIS DIANA
REGION CODE ADDRESS : 5946 AVALON DRIVE
01 CITY : ELKRIDGE
STATE/ZIP : MD 21075
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,787.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,602.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.17400
----------------------------------------------------------------------------
0 0031848765 MORTGAGORS: COMPOSANTO RANDAL
COMPOSANTO REGINA
REGION CODE ADDRESS : 5791 S CHERRY CIR
01 CITY : GREENWOOD VILLAGE
STATE/ZIP : CO 80121
MORTGAGE AMOUNT : 732,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 730,796.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,870.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 015
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,944,450.00
P & I AMT: 12,627.75 UPB AMT: 1,942,225.78
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 184
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031848773 MORTGAGORS: ROSENBLATT STEVEN
ROSENBLATT MERI
REGION CODE ADDRESS : 95 ANTHRACITE
01 CITY : MT. CRESTED BUTTE
STATE/ZIP : CO 81225
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,996.39 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 50.00000
----------------------------------------------------------------------------
0 0031849037 MORTGAGORS: WALTON MARK
WALTON DEBORAH
REGION CODE ADDRESS : 3000 HAVENCREST STREET
01 CITY : HERNDON
STATE/ZIP : VA 20171
MORTGAGE AMOUNT : 430,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 430,029.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,791.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031849300 MORTGAGORS: YUKE BRUCE
THEISEN JENNIFER
REGION CODE ADDRESS : 77 EL GAVILAN ROAD
01 CITY : ORINDA
STATE/ZIP : CA 94563
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,816.07 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 65.11600
----------------------------------------------------------------------------
0 0031849318 MORTGAGORS: STEELE ABBE
STEELE ALAN
REGION CODE ADDRESS : 2145 MILITARY ROAD NORTH
01 CITY : ARLINGTON
STATE/ZIP : VA 22207
MORTGAGE AMOUNT : 286,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,855.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,763.42 OUTSIDE CONV DATE :
LIFETIME RATE : 6.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031849508 MORTGAGORS: RHYE JAMES
REGION CODE ADDRESS : 101 LAFAYETTE STREET
01 CITY : DENVER
STATE/ZIP : CO 80218
MORTGAGE AMOUNT : 336,265.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,982.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,209.03 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 40.31900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,653,065.00
P & I AMT: 10,576.48 UPB AMT: 1,651,867.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 185
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031849516 MORTGAGORS: MC KEE STEPHEN
RAINFORD WENDY
REGION CODE ADDRESS : 254 MC KINLEY PARK LANE
01 CITY : LOUISVILLE
STATE/ZIP : CO 80027
MORTGAGE AMOUNT : 287,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,014.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,911.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 55.24000
----------------------------------------------------------------------------
0 0031849532 MORTGAGORS: SALINGER DAVID
SALINGER SUSAN
REGION CODE ADDRESS : 3059 6TH STREET
01 CITY : BOULDER
STATE/ZIP : CO 80304
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,425.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031849573 MORTGAGORS: SUTHERLAND MICHAEL
MCNEMAR W.
REGION CODE ADDRESS : 6032 CLIFF DRIVE
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22315
MORTGAGE AMOUNT : 313,911.00 OPTION TO CONVERT :
UNPAID BALANCE : 313,911.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,062.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------------------
0 0031850183 MORTGAGORS: GRAY NANCY
GRAY STEVEN
REGION CODE ADDRESS : 17 PARKVIEW ROAD
01 CITY : CRANBURY
STATE/ZIP : NJ 08512
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,720.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,358.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.09200
----------------------------------------------------------------------------
0 0031851439 MORTGAGORS: ROTHENSTEIN HOWARD
ROTHENSTEIN SUSAN
REGION CODE ADDRESS : 4865 OXFORD WAY
01 CITY : BOCA RATON
STATE/ZIP : FL 33434
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,579.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,284.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.75700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,811,161.00
P & I AMT: 12,041.32 UPB AMT: 1,810,225.59
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 186
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031851470 MORTGAGORS: LUBSEY FRANKLYN
LUBSEY MARCHIA
REGION CODE ADDRESS : 8400 QUILL POINT DRIVE
01 CITY : BOWIE
STATE/ZIP : MD 20720
MORTGAGE AMOUNT : 255,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,125.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,594.61 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031851744 MORTGAGORS: HOFFMAN STUART
HOFFMAN LISA
REGION CODE ADDRESS : 3391 CORDOVA DRIVE
01 CITY : CALABASAS
STATE/ZIP : CA 91302
MORTGAGE AMOUNT : 493,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 491,782.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,156.74 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 62.80200
----------------------------------------------------------------------------
0 0031852114 MORTGAGORS: GEVIRTZ DAVID
GEVIRTZ MONICA
REGION CODE ADDRESS : 117 GREEN TREE TAVERN ROAD
01 CITY : NORTH WALES
STATE/ZIP : PA 19454
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,759.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.40000
----------------------------------------------------------------------------
0 0031852221 MORTGAGORS: BHATT SUNIL
BHATT TANYA
REGION CODE ADDRESS : 73 WARREN AVENUE UNIT 3
01 CITY : BOSTON
STATE/ZIP : MA 02116
MORTGAGE AMOUNT : 327,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,757.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,286.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.85700
----------------------------------------------------------------------------
0 0031852270 MORTGAGORS: BLOOM WAYNE
BLOOM VERONICA
REGION CODE ADDRESS : 23 HUNTING LANE
01 CITY : SHERBORNE
STATE/ZIP : MA 01770
MORTGAGE AMOUNT : 407,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 407,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,606.07 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 70.78200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,761,600.00
P & I AMT: 11,453.44 UPB AMT: 1,759,424.89
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 187
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031852429 MORTGAGORS: AMSTUTZ WILLIAM
AMSTUTZ KAREN
REGION CODE ADDRESS : 10860 DELCO AVENUE
01 CITY : CHATSWORTH
STATE/ZIP : CA 91311
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,524.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,073.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031852866 MORTGAGORS: BROWN CHARLES
BROWN JANE
REGION CODE ADDRESS : 11917 SOUTH GARDNER ROAD
01 CITY : CHENEY
STATE/ZIP : WA 99004
MORTGAGE AMOUNT : 291,266.68 OPTION TO CONVERT :
UNPAID BALANCE : 290,303.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,113.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 04/01/27
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 88.80000
----------------------------------------------------------------------------
0 0031852874 MORTGAGORS: GRIER KATRINA
REGION CODE ADDRESS : 17204 BIRCH LEAF TERRACE
01 CITY : BOWIE
STATE/ZIP : MD 20716
MORTGAGE AMOUNT : 260,494.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,631.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,689.56 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.85000
----------------------------------------------------------------------------
0 0031853971 MORTGAGORS: EWIGLEBEN DONALD
EWIGLEBEN DIANA
REGION CODE ADDRESS : 7423 S CHAPPARAL CIRCLE EAST
01 CITY : AURORA
STATE/ZIP : CO 80016
MORTGAGE AMOUNT : 299,951.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,699.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.47 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 58.35600
----------------------------------------------------------------------------
0 0031854516 MORTGAGORS: ROBLES MICHAEL
REGION CODE ADDRESS : 684 MAGNOLIA DRIVE
01 CITY : SAN MATEO
STATE/ZIP : CA 94402
MORTGAGE AMOUNT : 277,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,521.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,796.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 76.94400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,432,711.68
P & I AMT: 9,643.85 UPB AMT: 1,429,679.45
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 188
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031854557 MORTGAGORS: PASTORINO ROBERT
PASTORINO TERRI
REGION CODE ADDRESS : 15730 LA JOLLA COURT
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,786.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,736.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.57142
----------------------------------------------------------------------------
0 0031854623 MORTGAGORS: DANIELS FRANK
DOIRON JUDITH
REGION CODE ADDRESS : 14442 MAJORCA AVENUE
01 CITY : IRVINE
STATE/ZIP : CA 92606
MORTGAGE AMOUNT : 246,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,287.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,598.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------------------
0 0031855414 MORTGAGORS: RAMNARINE ROBERT
RAMNARINE DEVIKA
REGION CODE ADDRESS : 6 AUGUSTA PLACE
01 CITY : EAST BRUNSWICK
STATE/ZIP : NJ 08816
MORTGAGE AMOUNT : 251,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,669.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 94.83200
----------------------------------------------------------------------------
0 0031857907 MORTGAGORS: CALLAHAN NORMAN
CALLAHAN SUSAN
REGION CODE ADDRESS : 48 WHITEMARSH ROAD
01 CITY : ARDMORE
STATE/ZIP : PA 19003
MORTGAGE AMOUNT : 298,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,162.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031858137 MORTGAGORS: BAUER MATTHEW
BAUER MARTHA
REGION CODE ADDRESS : 800 ALPINE AVENUE
01 CITY : BURLINGAME
STATE/ZIP : CA 94010
MORTGAGE AMOUNT : 287,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,415.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,885.39 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.33333
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,343,800.00
P & I AMT: 9,053.42 UPB AMT: 1,342,789.63
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 189
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031858178 MORTGAGORS: MCMAHAN JOHN
MCMAHAN ANNDRA
REGION CODE ADDRESS : 11434 E. JUAN TABO ROAD
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85255
MORTGAGE AMOUNT : 388,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 387,997.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,648.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.92200
----------------------------------------------------------------------------
0 0031858228 MORTGAGORS: LOVICK CORYNE
REGION CODE ADDRESS : 11339 BURNHAM STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90049
MORTGAGE AMOUNT : 376,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,596.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031858384 MORTGAGORS: CURTIS WILLIE
CURTIS MARY
REGION CODE ADDRESS : 17207 BIRCH LEAF TERRACE
01 CITY : BOWIE
STATE/ZIP : MD 20716
MORTGAGE AMOUNT : 244,544.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,131.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,606.48 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------------------
0 0031858780 MORTGAGORS: MC CARRIE JOSEPH
MC CARRIE MARIELA
REGION CODE ADDRESS : 2 TEABERRY ROAD
01 CITY : MEDFORD
STATE/ZIP : NJ 08055
MORTGAGE AMOUNT : 487,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 487,059.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,081.34 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031859457 MORTGAGORS: RIDEL MARK
REGION CODE ADDRESS : 7544 LINLEY LANE
01 CITY : WEST HILLS AREA
STATE/ZIP : CA 91304
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,791.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,758.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,757,344.00
P & I AMT: 11,692.06 UPB AMT: 1,755,979.59
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 190
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031859770 MORTGAGORS: KIEU JEFFREY
ROHRING BRETT
REGION CODE ADDRESS : 378 XIMENO AVENUE
01 CITY : LONG BEACH
STATE/ZIP : CA 90803
MORTGAGE AMOUNT : 306,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,450.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,013.16 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031860349 MORTGAGORS: DIBBLE DAVID
DIBBLE ELENA
REGION CODE ADDRESS : 958 QUARRY STREET
01 CITY : PETALUMA
STATE/ZIP : CA 94954
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,561.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,708.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 89.65517
----------------------------------------------------------------------------
0 0031860521 MORTGAGORS: KRISSOFF MICHAEL
REGION CODE ADDRESS : 506 FERRY POINT ROAD
01 CITY : ANNAPOLIS
STATE/ZIP : MD 21403
MORTGAGE AMOUNT : 266,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,052.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,861.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031860745 MORTGAGORS: VOLASKI MICHAEL
VOLASKI TERI
REGION CODE ADDRESS : 2115 DORAL COURT,
01 CITY : OXNARD,
STATE/ZIP : CA 93030
MORTGAGE AMOUNT : 286,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,873.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,001.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.34600
----------------------------------------------------------------------------
0 0031860836 MORTGAGORS: CIESIELSKI JAN
CIESIELSKI MARIA
REGION CODE ADDRESS : 12965 SMITH ROAD
01 CITY : MANHATTAN
STATE/ZIP : IL 60442
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,748.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,122.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,434,000.00
P & I AMT: 9,706.92 UPB AMT: 1,432,686.07
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 191
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031861008 MORTGAGORS: SMITH JAMES
SMITH JOAN
REGION CODE ADDRESS : 177 RIVERVIEW DRIVE
01 CITY : DAGSBORO
STATE/ZIP : DE 19939
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,523.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,154.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.33300
----------------------------------------------------------------------------
0 0031861107 MORTGAGORS: PULLMAN LISA
PULLMAN DANIEL
REGION CODE ADDRESS : 24 RUTLEDGE ROAD
01 CITY : BELMONT
STATE/ZIP : MA 02478
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,913.36 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 43.06500
----------------------------------------------------------------------------
0 0031861354 MORTGAGORS: LIPPY LORIANN
BROWN RICHARD
REGION CODE ADDRESS : 2729 SANDPIPER DRIVE
01 CITY : COSTA MESA
STATE/ZIP : CA 92626
MORTGAGE AMOUNT : 329,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,329.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,192.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031861560 MORTGAGORS: MCCORMICK DELMER
MCCORMICK LISA
REGION CODE ADDRESS : 2721 CONCOMLY ROAD S
01 CITY : SALEM
STATE/ZIP : OR 97306
MORTGAGE AMOUNT : 502,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 502,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,424.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.71400
----------------------------------------------------------------------------
0 0031861578 MORTGAGORS: SCHOGER STEVEN
SCHOGER CAROL
REGION CODE ADDRESS : 11841 CANTER CIRCLE
01 CITY : GARDEN GROVE
STATE/ZIP : CA 92845
MORTGAGE AMOUNT : 202,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 201,542.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,293.43 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.21568
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,640,600.00
P & I AMT: 10,979.06 UPB AMT: 1,639,395.57
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 192
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031861792 MORTGAGORS: MATTU AMAL
MATTU SEJAL
REGION CODE ADDRESS : 8 WATKINS ROW
01 CITY : EDGEWATER
STATE/ZIP : MD 21037
MORTGAGE AMOUNT : 370,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 370,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,494.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------------------
0 0031861842 MORTGAGORS: HANSON TODD
HANSON DANA
REGION CODE ADDRESS : 4912 JOHN TICER DRIVE
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22304
MORTGAGE AMOUNT : 312,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,530.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,028.81 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99800
----------------------------------------------------------------------------
0 0031861867 MORTGAGORS: VROOM JAMES
VROOM KATHERINE
REGION CODE ADDRESS : 3009 APPLE BROOK LANE
01 CITY : OAKTON,
STATE/ZIP : VA 22124
MORTGAGE AMOUNT : 595,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 595,111.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,764.91 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------------------
0 0031862113 MORTGAGORS: SIMPSON NICOLE
REGION CODE ADDRESS : 10315 MISSOURI AVENUE NO 105
01 CITY : LOS ANGELES
STATE/ZIP : CA 90025
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,808.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,678.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031862261 MORTGAGORS: NELSON ANDERS
SPEAR JOHN
REGION CODE ADDRESS : 3014 MARKET STREET
01 CITY : SAN FRANCISCO,
STATE/ZIP : CA 94114
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,785.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,615.01 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 72.17300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,773,700.00
P & I AMT: 11,581.33 UPB AMT: 1,772,485.93
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 193
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031863004 MORTGAGORS: MILLER THOMAS
MILLER NANCY
REGION CODE ADDRESS : 50 KRISTEN LANE
01 CITY : NORTH KINGSTOWN
STATE/ZIP : RI 02852
MORTGAGE AMOUNT : 254,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,781.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,647.43 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 86.10100
----------------------------------------------------------------------------
0 0031863046 MORTGAGORS: CASSERLY MATTHEW
CASSERLY SANDRA
REGION CODE ADDRESS : 3235 BELGIAN DRIVE
01 CITY : NORCO
STATE/ZIP : CA 91760
MORTGAGE AMOUNT : 257,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,784.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,688.31 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.49275
----------------------------------------------------------------------------
0 0031863400 MORTGAGORS: LYTLE THOMAS
LYTLE THERESA
REGION CODE ADDRESS : 3507 ARCOLA ROAD
01 CITY : COLLEGEVILLE
STATE/ZIP : PA 19426
MORTGAGE AMOUNT : 255,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,450.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,614.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 76.25300
----------------------------------------------------------------------------
0 0031863566 MORTGAGORS: LASUS RICHARD
LASUS CHRISTINE
REGION CODE ADDRESS : 208 EAST STRAWBERRY DRIVE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,728.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.22600
----------------------------------------------------------------------------
0 0031863590 MORTGAGORS: EIDMAN RICHARD
EIDMAN LISA
REGION CODE ADDRESS : 5542 MOONSHADOW STREET
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93063
MORTGAGE AMOUNT : 403,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 402,761.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,648.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.98500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,569,550.00
P & I AMT: 10,327.16 UPB AMT: 1,568,776.75
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 194
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031863806 MORTGAGORS: RINEY JAMES
REGION CODE ADDRESS : 5930 ISLAND VIEW DRIVE
01 CITY : BUFORD
STATE/ZIP : GA 30518
MORTGAGE AMOUNT : 442,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 441,907.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,019.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99277
----------------------------------------------------------------------------
0 0031863863 MORTGAGORS: SMITH BERNARD
SMITH KIMBERLY
REGION CODE ADDRESS : 11234 PINEVALLEY DR
01 CITY : FRANKTOWN
STATE/ZIP : CO 80116
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,692.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,494.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.53000
----------------------------------------------------------------------------
0 0031864010 MORTGAGORS: SHERMAN ELLEN
REGION CODE ADDRESS : 33 BEACHMONT TERRACE
01 CITY : NORTH CALDWELL
STATE/ZIP : NJ 07006
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.50000
----------------------------------------------------------------------------
0 0031864077 MORTGAGORS: SEMMELL ANDREW
SITCOV CYNTHIA
REGION CODE ADDRESS : 4850 YORKTOWN BVLD.
01 CITY : ARLINGTON
STATE/ZIP : VA 22207
MORTGAGE AMOUNT : 254,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,775.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,626.39 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031864176 MORTGAGORS: LEE THOMAS
LEE KAREN
REGION CODE ADDRESS : 243 FERN RIDGE
01 CITY : LANDENBERG
STATE/ZIP : PA 19350
MORTGAGE AMOUNT : 448,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 447,623.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,943.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,793,600.00
P & I AMT: 11,929.63 UPB AMT: 1,791,999.50
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 195
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031864226 MORTGAGORS: LIEBOVITZ ALFRED
TRAM LIEN
REGION CODE ADDRESS : 1188 MARINE DRIVE
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 505,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 505,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,487.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.74300
----------------------------------------------------------------------------
0 0031864234 MORTGAGORS: BECERRA MANUEL
BECERRA JANICE
REGION CODE ADDRESS : 1065 RYE COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95127
MORTGAGE AMOUNT : 309,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,740.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,029.92 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.82600
----------------------------------------------------------------------------
0 0031864283 MORTGAGORS: SOLIS RAMON
SOLIS CARI
REGION CODE ADDRESS : 5932 INNISVALE DRIVE
01 CITY : FAIRFAX STATION
STATE/ZIP : VA 22039
MORTGAGE AMOUNT : 274,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,805.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031864317 MORTGAGORS: SCHMITZ THOMAS
HARDING VALERIE
REGION CODE ADDRESS : 5364 43RD STREET N.W.
01 CITY : WASHINGTON
STATE/ZIP : DC 20015
MORTGAGE AMOUNT : 305,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,692.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,009.87 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------------------
0 0031864390 MORTGAGORS: CHAWAGA DAVID
CROSSIN-CHAWAGA PATRICIA
REGION CODE ADDRESS : 110 WINDY-HOLLOW DRIVE
01 CITY : PHOENIXVILLE
STATE/ZIP : PA 19460
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,806.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,594.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 76.62900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,794,750.00
P & I AMT: 11,927.35 UPB AMT: 1,793,039.81
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 196
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031864630 MORTGAGORS: BELL MICHAEL
BELL RACHELLE
REGION CODE ADDRESS : 16426 FOX VALLEY TERRACE
01 CITY : ROCKVILLE
STATE/ZIP : MD 20853
MORTGAGE AMOUNT : 385,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,517.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,502.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99800
----------------------------------------------------------------------------
0 0031865470 MORTGAGORS: WHITE HERMAN
WHITE CAROLEE
REGION CODE ADDRESS : 1364 GRANT ST
01 CITY : HERNDON
STATE/ZIP : VA 20170
MORTGAGE AMOUNT : 309,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,289.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,033.52 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 89.99000
----------------------------------------------------------------------------
0 0031865637 MORTGAGORS: FLOOD BRIAN
DELLARATTA REGINA
REGION CODE ADDRESS : 664 HUNT LANE
01 CITY : MANHASSET
STATE/ZIP : NY 11030
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,712.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,934.00 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 49.60000
----------------------------------------------------------------------------
0 0031865827 MORTGAGORS: BOBO RUSSELL
BOBO PATRICIA
REGION CODE ADDRESS : 111 9TH ST N.E.
01 CITY : ARAB
STATE/ZIP : AL 35016
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,153.35 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031865868 MORTGAGORS: RICKELS JACK
RICKELS HELEN
REGION CODE ADDRESS : 9505 BRIAN JAC LANE
01 CITY : GREAT FALLS
STATE/ZIP : VA 22066
MORTGAGE AMOUNT : 355,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,936.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,482.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 60.68300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,692,400.00
P & I AMT: 11,105.71 UPB AMT: 1,690,456.81
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 197
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031866346 MORTGAGORS: DEAN MICHAEL
DEAN DIANE
REGION CODE ADDRESS : 5 ANGELICA CT.,
01 CITY : WEST BABYLON
STATE/ZIP : NY 11704
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,805.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,637.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031866577 MORTGAGORS: GOLDHAMMER JOEL
GOLDHAMMER SUSAN
REGION CODE ADDRESS : 9900 YACHTHAVEN DRIVE
01 CITY : BURKE
STATE/ZIP : VA 22015
MORTGAGE AMOUNT : 536,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 535,538.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,476.49 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031866692 MORTGAGORS: FOX JAMES
REGION CODE ADDRESS : 27 DAVIS NECK ROAD
01 CITY : EAST FALMOUTH
STATE/ZIP : MA 02536
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,463.48 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031866932 MORTGAGORS: RYE GILBERT
RYE JUDITH
REGION CODE ADDRESS : 20266 ISLAND VIEW COURT
01 CITY : STERLING
STATE/ZIP : VA 20165
MORTGAGE AMOUNT : 402,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 402,150.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,541.87 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.98300
----------------------------------------------------------------------------
0 0031866981 MORTGAGORS: CORBETT WILLIAM
CORBETT MARY
REGION CODE ADDRESS : 901 MARIN DRIVE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 750,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 749,385.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,989.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 015
LTV : 57.69200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,306,150.00
P & I AMT: 15,108.75 UPB AMT: 2,304,879.41
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 198
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031867278 MORTGAGORS: WILKINSON DENNIS
ZABALA JENNIFER
REGION CODE ADDRESS : 4456 EMERALD STREET #22
01 CITY : TORRANCE
STATE/ZIP : CA 90503
MORTGAGE AMOUNT : 254,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,287.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,802.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031867567 MORTGAGORS: CONNOR MAURICE
REGION CODE ADDRESS : 5944 DOROTHY BOLTON COURT
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22310
MORTGAGE AMOUNT : 316,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,257.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,243.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.99700
----------------------------------------------------------------------------
0 0031867906 MORTGAGORS: BENNETT MAX
BENNETT DORIN
REGION CODE ADDRESS : 12142 MCCOURTNEY ROAD
01 CITY : GRASS VALLEY
STATE/ZIP : CA 95949
MORTGAGE AMOUNT : 134,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 133,887.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 880.28 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 59.55500
----------------------------------------------------------------------------
0 0031868037 MORTGAGORS: DIAZ CHARLES
DIAZ GWEN
REGION CODE ADDRESS : 15826 BURLINGAME DRIVE
01 CITY : HUNTERSVILLE
STATE/ZIP : NC 28078
MORTGAGE AMOUNT : 264,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,588.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,784.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 94.98800
----------------------------------------------------------------------------
0 0031868250 MORTGAGORS: BARDUE RICHARD
REGION CODE ADDRESS : 9612 132ND STREET NORTHEAST
01 CITY : ARLINGTON
STATE/ZIP : WA 98223
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,780.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.46600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,238,350.00
P & I AMT: 8,492.70 UPB AMT: 1,230,800.94
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 199
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031868482 MORTGAGORS: NEMBACH KARL
NEMBACH DIANE
REGION CODE ADDRESS : 4527 HUNTING TRAIL
01 CITY : LAKE WORTH
STATE/ZIP : FL 33467
MORTGAGE AMOUNT : 257,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,799.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,753.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.29500
----------------------------------------------------------------------------
0 0031868797 MORTGAGORS: LOWMAN RUSSELL
LOWMAN SARA
REGION CODE ADDRESS : 394 HERITAGE HEIGHTS
01 CITY : DAWSONVILLE
STATE/ZIP : GA 30534
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,772.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,920.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.16600
----------------------------------------------------------------------------
0 0031868862 MORTGAGORS: MCMURRAY LOUIS
REGION CODE ADDRESS : 14371 KILLARNEY DRIVE
01 CITY : MADERA
STATE/ZIP : CA 93638
MORTGAGE AMOUNT : 770,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 770,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,187.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 015
LTV : 70.00000
----------------------------------------------------------------------------
0 0031869043 MORTGAGORS: DOWD RICHARD
DOWD PAMELA
REGION CODE ADDRESS : 3824 SKYFARM DRIVE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95403
MORTGAGE AMOUNT : 499,895.00 OPTION TO CONVERT :
UNPAID BALANCE : 498,641.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,325.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.21000
----------------------------------------------------------------------------
0 0031869142 MORTGAGORS: BAKALIAN ROBERT
BAKALIAN ANNA
REGION CODE ADDRESS : 550 MILLER ROAD
01 CITY : WYCKOFF
STATE/ZIP : NJ 07481
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 53.76300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,061,895.00
P & I AMT: 13,892.18 UPB AMT: 2,060,213.01
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 200
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031869373 MORTGAGORS: ENGLAND JEFFREY
ENGLAND DEBORAH
REGION CODE ADDRESS : 4501 SE 140TH AVENUE SE
01 CITY : BELLEVUE
STATE/ZIP : WA 98006
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,948.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,526.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.21700
----------------------------------------------------------------------------
0 0031869498 MORTGAGORS: FRIZZELL WILLIAM
REGION CODE ADDRESS : 7129 NE WILLIAM ROGERS RD.
01 CITY : INDIANOLA
STATE/ZIP : WA 98342
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,776.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.66600
----------------------------------------------------------------------------
0 0031869597 MORTGAGORS: DE LOS SANTOS MERCEDES
REGION CODE ADDRESS : 9331 SW 76 STREET
01 CITY : MIAMI
STATE/ZIP : FL 33173
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,338.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,989.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031870058 MORTGAGORS: REINBOLD JAY
REINBOLD LAURA
REGION CODE ADDRESS : 1 IRONSIDES STREET NO. 4
01 CITY : LOS ANGELES
STATE/ZIP : CA 90292
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,728.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,290.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031870264 MORTGAGORS: WEISS HERBERT
WEISS STACEY
REGION CODE ADDRESS : 1202 ROUNDHOUSE LANE
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22314
MORTGAGE AMOUNT : 344,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,481.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,351.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,627,750.00
P & I AMT: 11,044.46 UPB AMT: 1,625,271.90
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 201
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031870272 MORTGAGORS: KLEINSMID GREGORY
TACCOLINI LINDA
REGION CODE ADDRESS : 2928 FRUITDALE AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95128
MORTGAGE AMOUNT : 322,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,736.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,142.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.18181
----------------------------------------------------------------------------
0 0031870793 MORTGAGORS: SUAREZ FERNANDO
SUAREZ JENNY
REGION CODE ADDRESS : 1027 NORTH SONORA CIRCLE
01 CITY : ORANGE,
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 368,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 368,139.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,639.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------------------
0 0031871395 MORTGAGORS: NGUYEN CHANH
NGUYEN QUYNHDZUNG
REGION CODE ADDRESS : 21978 HYDE PARK DRIVE
01 CITY : ASHBURN
STATE/ZIP : VA 20147
MORTGAGE AMOUNT : 346,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,494.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,220.60 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.98800
----------------------------------------------------------------------------
0 0031871460 MORTGAGORS: RIVAS ABUNDIO
REGION CODE ADDRESS : 1734 FABIAN DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,581.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,038.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031871478 MORTGAGORS: VANEGAS JESS
VANEGAS ANITA
REGION CODE ADDRESS : 2512 TAPESTRY WAY
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 288,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,213.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.56 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.97300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,613,900.00
P & I AMT: 10,937.14 UPB AMT: 1,612,165.37
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 202
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031871494 MORTGAGORS: FERNANDO VIRGILIO
FERNANDO JOYCE
REGION CODE ADDRESS : 4639 MONTECITO COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 384,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,009.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,656.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.95800
----------------------------------------------------------------------------
0 0031872179 MORTGAGORS: CHIU TOMMY
CHIU ANDREA
REGION CODE ADDRESS : 1347 STANFORD AVENUE
01 CITY : UPLAND
STATE/ZIP : CA 91786
MORTGAGE AMOUNT : 233,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,752.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,629.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.34883
----------------------------------------------------------------------------
0 0031872666 MORTGAGORS: DORMAN JEFFREY
DORMAN KAREN
REGION CODE ADDRESS : 9551 ORIENT DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,416.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,570.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 54.62900
----------------------------------------------------------------------------
0 0031872823 MORTGAGORS: CORTEZ LUIS
CORTEZ RACHEL
REGION CODE ADDRESS : 66 LEDGELAWN AVENUE
01 CITY : LEXINGTON
STATE/ZIP : MA 02420
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,710.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,179.29 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031872872 MORTGAGORS: NEVINS GREGORY
REGION CODE ADDRESS : 3811-3813 18TH STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94114
MORTGAGE AMOUNT : 352,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,434.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,542,200.00
P & I AMT: 10,470.25 UPB AMT: 1,540,389.11
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 203
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031873110 MORTGAGORS: LABORIE BERNARD
LABORIE ALETA
REGION CODE ADDRESS : 3030 VICHY AVENUE
01 CITY : NAPA
STATE/ZIP : CA 94558
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 425,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,863.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.83300
----------------------------------------------------------------------------
0 0031873136 MORTGAGORS: LOCKE JERRY
LOCKE PENELOPE
REGION CODE ADDRESS : 15420 SOUTHEAST 44TH PLACE
01 CITY : BELLEVUE
STATE/ZIP : WA 98006
MORTGAGE AMOUNT : 246,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,618.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.78461
----------------------------------------------------------------------------
0 0031873268 MORTGAGORS: BOSWELL CHARLES
BOSWELL GWENDOLYN
REGION CODE ADDRESS : 9 STATESBORO RD
01 CITY : FREEHOLD
STATE/ZIP : NJ 07728
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,716.03 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 76.57100
----------------------------------------------------------------------------
0 0031873318 MORTGAGORS: MIESZKALSKI GLENN
MIESZKALSKI LINDA
REGION CODE ADDRESS : 95 SPRING HILL CIRCLE
01 CITY : WAYNE
STATE/ZIP : NJ 07470
MORTGAGE AMOUNT : 317,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,890.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,138.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.74800
----------------------------------------------------------------------------
0 0031873821 MORTGAGORS: LUTTRELL HAROLD
LUTTRELL BOBBI
REGION CODE ADDRESS : 1 HICKORY PLACE
01 CITY : ROXBURY TOWNSHIP
STATE/ZIP : NJ 07836
MORTGAGE AMOUNT : 271,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,185.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,875.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.99800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,528,300.00
P & I AMT: 10,211.62 UPB AMT: 1,527,376.23
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 204
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031874019 MORTGAGORS: TYRA DAVID
TYRA SAUNDRA
REGION CODE ADDRESS : 35 LEGACY COURT
01 CITY : ROSEVILLE
STATE/ZIP : CA 95678
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,377.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------------------
0 0031874183 MORTGAGORS: GOLDEN KENNETH
GOLDEN DEBORAH
REGION CODE ADDRESS : 266 OCEAN BOULEVARD
01 CITY : GOLDEN BEACH
STATE/ZIP : FL 33160
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031874365 MORTGAGORS: SARIAN HARMIK
SARIAN MARISA
REGION CODE ADDRESS : 1640 GLORIETTA AVENUE
01 CITY : GLENDALE
STATE/ZIP : CA 91208
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,162.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 59.09000
----------------------------------------------------------------------------
0 0031874654 MORTGAGORS: YARNALL RICHARD
YARNALL SANDRA
REGION CODE ADDRESS : 71 FLANDERS-DRAKESTOWN ROAD
01 CITY : MOUNT OLIVE
STATE/ZIP : NJ 07836
MORTGAGE AMOUNT : 265,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,766.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031874779 MORTGAGORS: THOMPSON ANDREW
THOMPSON GAIL
REGION CODE ADDRESS : 170 APPLEGATE DRIVE
01 CITY : WEST CHESTER
STATE/ZIP : PA 19382
MORTGAGE AMOUNT : 277,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,761.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,796.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.96300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,477,500.00
P & I AMT: 9,921.60 UPB AMT: 1,477,261.51
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 205
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031875065 MORTGAGORS: VECCHIARELLI MARK
VECCHIARELLI REBECCA
REGION CODE ADDRESS : 1475 YORK AVENUE
01 CITY : CAMPBELL
STATE/ZIP : CA 95008
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,663.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,627.72 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031875578 MORTGAGORS: O'CONNELL PAUL
O'CONNELL PATRICIA
REGION CODE ADDRESS : 22480 MISSION HILLS LANE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 547,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 547,072.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,734.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031875610 MORTGAGORS: WATKINS WILLIAM
WATKINS ALETHA
REGION CODE ADDRESS : 7700 ELAINE COURT
01 CITY : PORT TOBACCO
STATE/ZIP : MD 20677
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,732.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,431.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.22200
----------------------------------------------------------------------------
0 0031876071 MORTGAGORS: CALKINS JOHN
CALKINS ADELE
REGION CODE ADDRESS : 22121 270TH AVENUE SOUTHEAST
01 CITY : MAPLE VALLEY
STATE/ZIP : WA 98038
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,773.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.60400
----------------------------------------------------------------------------
0 0031876097 MORTGAGORS: UNGER LAWRENCE
UNGER SHELBY
REGION CODE ADDRESS : 3672 BELLEGROVE RIDGE
01 CITY : MARIETTA
STATE/ZIP : GA 30062
MORTGAGE AMOUNT : 258,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,437.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,720.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.48000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,848,150.00
P & I AMT: 12,492.94 UPB AMT: 1,846,680.74
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 206
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031876626 MORTGAGORS: SANCHEZ ANDREW
SANCHEZ JENNIFER
REGION CODE ADDRESS : 517 POPLAR AVENUE
01 CITY : SOUTH SAN FRANCISCO
STATE/ZIP : CA 94080
MORTGAGE AMOUNT : 259,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,704.74 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.99500
----------------------------------------------------------------------------
0 0031876691 MORTGAGORS: GONZALEZ SERGIO
GONZALEZ MIA
REGION CODE ADDRESS : 3608 243RD AVENUE SOUTHEAST
01 CITY : ISSAQUAH
STATE/ZIP : WA 98029
MORTGAGE AMOUNT : 254,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,901.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,733.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.99000
----------------------------------------------------------------------------
0 0031877046 MORTGAGORS: GREENSTEIN RICHARD
GREENSTEIN KAY
REGION CODE ADDRESS : 4631 GATESIDE LANE
01 CITY : MARIETTA
STATE/ZIP : GA 30067
MORTGAGE AMOUNT : 436,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 435,742.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,901.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.09200
----------------------------------------------------------------------------
0 0031877186 MORTGAGORS: CARRIER ROBERT
CARRIER CINDY
REGION CODE ADDRESS : 4401 WINDSOR FARM ROAD
01 CITY : HARWOOD
STATE/ZIP : MD 20776
MORTGAGE AMOUNT : 247,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,197.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,645.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.68500
----------------------------------------------------------------------------
0 0031877509 MORTGAGORS: MATTOS TIMOTHY
MATTOS STACEY
REGION CODE ADDRESS : 422 IRON HILL STREET
01 CITY : PLEASANT HILL
STATE/ZIP : CA 94523
MORTGAGE AMOUNT : 381,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,691.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,473.43 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,578,450.00
P & I AMT: 10,458.93 UPB AMT: 1,577,033.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 207
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031877673 MORTGAGORS: LICHTENSTEIN JEFFREY
LICHTENSTEIN ROBIN
REGION CODE ADDRESS : 30 COKESBURY ROAD
01 CITY : ANNANDALE
STATE/ZIP : NJ 08801
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 420,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,865.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.58800
----------------------------------------------------------------------------
0 0031877822 MORTGAGORS: SMITH KIMBERLY
REGION CODE ADDRESS : 26 DEERBORN DRIVE
01 CITY : ALISO VIEJO AREA
STATE/ZIP : CA 92656
MORTGAGE AMOUNT : 257,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,799.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,753.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.71600
----------------------------------------------------------------------------
0 0031878150 MORTGAGORS: HATTON JODY
HATTON SUSAN
REGION CODE ADDRESS : 25 MERIDAN LANE
01 CITY : STAFFORD
STATE/ZIP : VA 22554
MORTGAGE AMOUNT : 287,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,114.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,911.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 94.99900
----------------------------------------------------------------------------
0 0031878283 MORTGAGORS: KRETCHMER MARK
KRETCHMER JILL
REGION CODE ADDRESS : 3 SOMERSET COURT
01 CITY : ALLENTOWN
STATE/ZIP : NJ 08501
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,767.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,889.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 87.61000
----------------------------------------------------------------------------
0 0031878374 MORTGAGORS: CATHERMAN GARY
CATHERMAN MARGARET
REGION CODE ADDRESS : 1207 RAGLEY HALL ROAD
01 CITY : ATLANTA
STATE/ZIP : GA 30319
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,728.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,290.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,588,350.00
P & I AMT: 10,710.19 UPB AMT: 1,587,409.28
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 208
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031878432 MORTGAGORS: FORD WILLIAM
FORD KELLY
REGION CODE ADDRESS : 217 SUMTER AVENUE
01 CITY : SUMMERVILLE
STATE/ZIP : SC 29483
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031878705 MORTGAGORS: FRASCELLA THOMAS
FRASCELLA GRETCHEN
REGION CODE ADDRESS : 333 CROTON ROAD
01 CITY : STRAFFORD
STATE/ZIP : PA 19087
MORTGAGE AMOUNT : 268,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,520.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,761.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031878879 MORTGAGORS: SIRY THEODORE
MACFARLAND CATHERINE
REGION CODE ADDRESS : 36 BURTON ROAD
01 CITY : THORNWOOD
STATE/ZIP : NY 10594
MORTGAGE AMOUNT : 303,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,994.44 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031879117 MORTGAGORS: THURBER ALEXANDER
THURBER JOAN
REGION CODE ADDRESS : 13235 NW JAMES ARTHUR CT.
01 CITY : PORTLAND
STATE/ZIP : OR 97229
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,771.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.92200
----------------------------------------------------------------------------
0 0031879505 MORTGAGORS: FOLEY ROBERT
FOLEY LYNN
REGION CODE ADDRESS : 43664 MANZANO DRIVE
01 CITY : TEMECULA
STATE/ZIP : CA 92592
MORTGAGE AMOUNT : 514,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 514,467.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,382.53 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.65300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,671,700.00
P & I AMT: 11,155.09 UPB AMT: 1,670,359.30
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 209
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031879521 MORTGAGORS: HOOVER SANDRA
REGION CODE ADDRESS : 3821 MONDRIAN DRIVE
01 CITY : MODESTO
STATE/ZIP : CA 95356
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,756.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,975.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.15300
----------------------------------------------------------------------------
0 0031879687 MORTGAGORS: DE HAVEN HARRY
DE HAVEN JOANNE
REGION CODE ADDRESS : 2 LAKE DRIVE WEST
01 CITY : WAYNE
STATE/ZIP : NJ 07470
MORTGAGE AMOUNT : 277,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,893.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031879760 MORTGAGORS: PATERSON RODNEY
REGION CODE ADDRESS : COLD SPRING FARM, ROUTE 83
01 CITY : NORTH EAST
STATE/ZIP : NY 12501
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 420,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,689.31 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 71.79400
----------------------------------------------------------------------------
0 0031879984 MORTGAGORS: HUNT LLOYD
HUNT DEBORAH
REGION CODE ADDRESS : 5437 NW 79TH WAY
01 CITY : PARKLAND
STATE/ZIP : FL 33067
MORTGAGE AMOUNT : 405,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,684.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,762.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.85300
----------------------------------------------------------------------------
0 0031880289 MORTGAGORS: CUNNINGHAM PAUL
REGION CODE ADDRESS : 73 MARLBORO STREET , UNIT 6
01 CITY : BOSTON
STATE/ZIP : MA 02116
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,504.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,507.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 29.28800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,749,600.00
P & I AMT: 11,829.24 UPB AMT: 1,748,544.96
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 210
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031880446 MORTGAGORS: GRIFFITH BENNETT
GRIFFITH JENNIFER
REGION CODE ADDRESS : 6611 TAYLOR WAY
01 CITY : SPRING
STATE/ZIP : TX 77389
MORTGAGE AMOUNT : 257,488.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,292.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031880529 MORTGAGORS: HEDDEN KEVIN
HEDDEN ROBYN
REGION CODE ADDRESS : 3 SLEEPY HOLLOW DRIVE
01 CITY : JEFFERSON
STATE/ZIP : NJ 07438
MORTGAGE AMOUNT : 282,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,940.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,972.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.84000
----------------------------------------------------------------------------
0 0031880636 MORTGAGORS: FREDRICK CHAD
REGION CODE ADDRESS : 205 FALCOLN RIDGE ROAD
01 CITY : GREAT FALLS
STATE/ZIP : VA 22066
MORTGAGE AMOUNT : 383,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,885.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,549.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031880685 MORTGAGORS: PATZ GARY
PATZ ANDREA
REGION CODE ADDRESS : 1334 WEST K STREET
01 CITY : BENICIA
STATE/ZIP : CA 94510
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,684.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 68.57100
----------------------------------------------------------------------------
0 0031880727 MORTGAGORS: BARNES MARLA
BARNES KEITH
REGION CODE ADDRESS : 10811 TRADEWIND DRIVE
01 CITY : OAKTON
STATE/ZIP : VA 22124
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,528.27 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 55.55500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,706,838.00
P & I AMT: 11,513.94 UPB AMT: 1,706,118.56
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 211
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031880743 MORTGAGORS: JAFFER AZEEZALY
KNECHT-JAFFER TAMMY
REGION CODE ADDRESS : 1344 HUNTER MILL ROAD
01 CITY : VIENNA
STATE/ZIP : VA 22182
MORTGAGE AMOUNT : 383,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,586.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99500
----------------------------------------------------------------------------
0 0031880784 MORTGAGORS: TURKEWITZ STUART
TURKEWITZ MARY
REGION CODE ADDRESS : 2005 BIRTHDAY COURT
01 CITY : BROOKEVILLE
STATE/ZIP : MD 20833
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,741.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,945.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 61.17800
----------------------------------------------------------------------------
0 0031881022 MORTGAGORS: NORDLOFF DONALD
NORDLOFF LEYLA
REGION CODE ADDRESS : 5252 RIO LOBO DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95136
MORTGAGE AMOUNT : 293,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,382.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,052.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031881071 MORTGAGORS: BATTLE ARTHUR
BATTLE ANN
REGION CODE ADDRESS : 12 FREDERICK STREET
01 CITY : NEWTON
STATE/ZIP : MA 02460
MORTGAGE AMOUNT : 276,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,004.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 57.60400
----------------------------------------------------------------------------
0 0031881097 MORTGAGORS: AIDEM LAWRENCE
MANNIS-AIDEM CLAIRE
REGION CODE ADDRESS : 653 HALSEY LANE
01 CITY : BRIDGEHAMPTON
STATE/ZIP : NY 11932
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,877.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,215.89 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 59.09000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,904,000.00
P & I AMT: 12,805.80 UPB AMT: 1,902,401.39
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 212
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031881253 MORTGAGORS: GILLETTE MICHAEL
GILLETTE TRACIE
REGION CODE ADDRESS : 13123 MORNING GLORY DRIVE
01 CITY : LAKESIDE
STATE/ZIP : CA 92040
MORTGAGE AMOUNT : 202,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 201,733.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,378.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------------------
0 0031881287 MORTGAGORS: DELUCA RICHARD
DEUICA ANAELIA
REGION CODE ADDRESS : 125 ST PIERRE WAY
01 CITY : MARTINEZ
STATE/ZIP : CA 94553
MORTGAGE AMOUNT : 266,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,658.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,727.55 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.26200
----------------------------------------------------------------------------
0 0031881469 MORTGAGORS: RICHARDSON DAVID
REGION CODE ADDRESS : 5165 CRALYN COURT
01 CITY : DULUTH
STATE/ZIP : GA 30097
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,417.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,411.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/18
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031881543 MORTGAGORS: MOSELEY WILLIAM
MOSELEY MELONIE
REGION CODE ADDRESS : 690 SOUTH PONCE COURT
01 CITY : ATLANTA
STATE/ZIP : GA 30307
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,754.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031881584 MORTGAGORS: BYAM PATTI
TAYLOR LAURA
REGION CODE ADDRESS : 27634 WOODFIELD PLACE
01 CITY : VALENCIA AREA
STATE/ZIP : CA 91354
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,404.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,529.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/18
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,396,400.00
P & I AMT: 10,042.09 UPB AMT: 1,393,967.82
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 213
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031881592 MORTGAGORS: SIMON JAMES
SIMON LYNNE
REGION CODE ADDRESS : 732 CAMP WOODS ROAD
01 CITY : VILLANOVA
STATE/ZIP : PA 19085
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,869.71 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031882343 MORTGAGORS: MELE ANTHONY
MELE REBECCA
REGION CODE ADDRESS : 96 REPOSO DRIVE
01 CITY : OAK VIEW
STATE/ZIP : CA 93022
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031882368 MORTGAGORS: RYDER GARY
RYDER MONA
REGION CODE ADDRESS : 3626 MAPLE ROAD
01 CITY : LYNNWOOD
STATE/ZIP : WA 98037
MORTGAGE AMOUNT : 242,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,065.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,673.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031882376 MORTGAGORS: ARANOFF ALAN
ARANOFF GLORIA
REGION CODE ADDRESS : 4955 DUNMAN AVENUE
01 CITY : WOODLAND HILLS AREA
STATE/ZIP : CA 91364
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,776.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031882442 MORTGAGORS: MANRESA CECIL
MANRESA MICHELLE
REGION CODE ADDRESS : 1 GRASSY KNOLL LANE
01 CITY : LAS FLORES
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 295,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,914.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 78.73300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,421,500.00
P & I AMT: 9,446.28 UPB AMT: 1,421,091.75
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 214
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031882491 MORTGAGORS: GUTRECHT NORAH
REGION CODE ADDRESS : 31 PLUMERIA
01 CITY : IRVINE
STATE/ZIP : CA 92620
MORTGAGE AMOUNT : 401,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 401,286.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,739.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031882517 MORTGAGORS: BROWN H
PHILLIPS FAITH
REGION CODE ADDRESS : 1207 GLENWOOD AVE
01 CITY : NICHOLS HILLS
STATE/ZIP : OK 73116
MORTGAGE AMOUNT : 649,990.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,507.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,544.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 64.99900
----------------------------------------------------------------------------
0 0031882715 MORTGAGORS: CORONA PAUL
VALLIN-CORONA DENISE
REGION CODE ADDRESS : 27 AGIA
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,711.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,524.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.08300
----------------------------------------------------------------------------
0 0031882764 MORTGAGORS: BARNETT SCOTT
PLOWMAN CHRISTINE
REGION CODE ADDRESS : 2298 MAZZAGLIA AVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 297,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,373.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,055.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031882848 MORTGAGORS: HUNTER MARK
HUNTER DEVON
REGION CODE ADDRESS : 1312 SUNSET DRIVE
01 CITY : PETALUMA
STATE/ZIP : CA 94952
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,765.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,293.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 87.80400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,043,190.00
P & I AMT: 14,157.21 UPB AMT: 2,041,644.73
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 215
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031883572 MORTGAGORS: POPOWITZ STUART
FALK LISA
REGION CODE ADDRESS : 4420 ST CHARLES WAY
01 CITY : BOCA RATON
STATE/ZIP : FL 33434
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,764.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,060.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031883846 MORTGAGORS: EDELSTEIN JEFFREY
EDELSTEIN MARCIA
REGION CODE ADDRESS : 2 BRIGHTON
01 CITY : DOVE CANYON
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,114.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.16200
----------------------------------------------------------------------------
0 0031883861 MORTGAGORS: ESQUEDA JOSE
ESQUEDA ANGELINA
REGION CODE ADDRESS : 33022 KORBEL COURT
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 244,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,023.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,728.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 67.27200
----------------------------------------------------------------------------
0 0031883945 MORTGAGORS: SCHWARTZ MARK
SCHWARTZ SARAH
REGION CODE ADDRESS : 791-795 DOLORES STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94110
MORTGAGE AMOUNT : 618,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 618,324.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,486.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031884000 MORTGAGORS: GRACIA CARLOS
GRACIA SHAUNA
REGION CODE ADDRESS : 118 JENNIFER LANE
01 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 709,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 708,473.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,957.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 50.64200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,183,950.00
P & I AMT: 15,347.16 UPB AMT: 2,182,585.66
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 216
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031884117 MORTGAGORS: MALKON PAUL
MALKON TANYA
REGION CODE ADDRESS : 1692 VALLEY OAKS DRIVE
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,901.72 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.09400
----------------------------------------------------------------------------
0 0031884133 MORTGAGORS: GREENBERG JOEL
GREENBERG MARJORIE
REGION CODE ADDRESS : 4110 PARAN POINTE DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30327
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,748.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,824.89 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 71.25000
----------------------------------------------------------------------------
0 0031884158 MORTGAGORS: KARYO MAURICE
KARYO JANE
REGION CODE ADDRESS : 243 NARROW LANE
01 CITY : WOODMERE
STATE/ZIP : NY 11598
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,464.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031884489 MORTGAGORS: SCHULSTAD JON
SCHULSTAD PAMELA
REGION CODE ADDRESS : 4707 BANTING COURT
01 CITY : FAIRFAX
STATE/ZIP : VA 22032
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031884547 MORTGAGORS: MAI THOMAS
MAI DIEU-HUYEN
REGION CODE ADDRESS : 6616 SCHURTZ STREET
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22310
MORTGAGE AMOUNT : 262,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,129.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,723.46 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,480,350.00
P & I AMT: 9,760.17 UPB AMT: 1,479,878.14
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 217
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031884646 MORTGAGORS: SCHREIBER ROBERT
SCHREIBER MARY
REGION CODE ADDRESS : 36 EUCALYPTUS ROAD
01 CITY : OAKLAND
STATE/ZIP : CA 94705
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,982.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,434.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.86300
----------------------------------------------------------------------------
0 0031884653 MORTGAGORS: ARBABI STEVE
ARBABI REBECCA
REGION CODE ADDRESS : 3243 DIABLO COURT
01 CITY : PINOLE
STATE/ZIP : CA 94564
MORTGAGE AMOUNT : 235,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,202.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,547.73 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 94.24000
----------------------------------------------------------------------------
0 0031884711 MORTGAGORS: HAAG HERMAN
HAAG SUSAN
REGION CODE ADDRESS : 3315 PRINCETON AVENUE
01 CITY : DALLAS
STATE/ZIP : TX 75205
MORTGAGE AMOUNT : 502,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 502,336.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,558.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 55.24100
----------------------------------------------------------------------------
0 0031884901 MORTGAGORS: REEVE N
REEVE LINDA
REGION CODE ADDRESS : 120 WARWICK COURT
01 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 744,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 743,747.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,204.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 57.25300
----------------------------------------------------------------------------
0 0031885080 MORTGAGORS: YEP DAVID
NG-YEP NORMA
REGION CODE ADDRESS : 163 CAMELIA DRIVE
01 CITY : DALY CITY
STATE/ZIP : CA 94015
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,739.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.68700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,387,600.00
P & I AMT: 16,483.77 UPB AMT: 2,385,269.57
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 218
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031885445 MORTGAGORS: BLACKWELL ANITA
REGION CODE ADDRESS : 1215 NORTHEAST 62ND STREET
01 CITY : SEATTLE
STATE/ZIP : WA 98115
MORTGAGE AMOUNT : 314,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,722.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,229.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 89.99800
----------------------------------------------------------------------------
0 0031885502 MORTGAGORS: VALLEDOR JUAN
REGION CODE ADDRESS : 203 HIGHVIEW DRIVE
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 599,543.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,144.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 57.14285
----------------------------------------------------------------------------
0 0031885536 MORTGAGORS: SANCHEZ FRED
SANCHEZ KATHY
REGION CODE ADDRESS : 6633 NEPTUNE COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 397,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 397,189.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,711.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031885817 MORTGAGORS: BRIGHT-STANLEY DANITA
REGION CODE ADDRESS : 3211 MERCURY LANE
01 CITY : MISSOURI VALLEY
STATE/ZIP : IA 51555
MORTGAGE AMOUNT : 409,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 409,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,969.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 60.66600
----------------------------------------------------------------------------
0 0031885924 MORTGAGORS: BOTHWELL DAVID
BOTHWELL ANNE
REGION CODE ADDRESS : 2528 NORTH ASHBROOK CIRCLE,
01 CITY : MESA
STATE/ZIP : AZ 85213
MORTGAGE AMOUNT : 352,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,285.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 89.99200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,074,250.00
P & I AMT: 14,339.09 UPB AMT: 2,073,255.40
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 219
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031885957 MORTGAGORS: COLEMAN ROBERT
VANCE COLEMAN SARA
REGION CODE ADDRESS : 940 HARRIET AVENUE
01 CITY : CAMPBELL
STATE/ZIP : CA 95008
MORTGAGE AMOUNT : 291,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,166.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,963.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.22700
----------------------------------------------------------------------------
0 0031885973 MORTGAGORS: BUCHIN GORDON
BUCHIN ANDREA
REGION CODE ADDRESS : 1 MOSSWOOD CIRCLE
01 CITY : AMHERST
STATE/ZIP : NH 03031
MORTGAGE AMOUNT : 304,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,962.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.99000
----------------------------------------------------------------------------
0 0031885981 MORTGAGORS: BENADON JACK
MEEHAN KATHLEEN
REGION CODE ADDRESS : 519 "B" W. QUINTO STREET
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93105
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,822.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,805.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031886104 MORTGAGORS: GREENE RANDY
GREENE CHRISTINE
REGION CODE ADDRESS : 5258 INDIAN HILLS DRIVE
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93063
MORTGAGE AMOUNT : 278,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,893.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 88.28500
----------------------------------------------------------------------------
0 0031886112 MORTGAGORS: DAMIANI JOHN
DAMIANI TRACY
REGION CODE ADDRESS : 1866 WINTERDEW AVENUE
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 253,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,007.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.81900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,378,900.00
P & I AMT: 9,537.07 UPB AMT: 1,377,852.76
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 220
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031886344 MORTGAGORS: CHRISTIAN DONALD
CHRISTIAN JULIA
REGION CODE ADDRESS : 3935 SCHOONER RIDGE
01 CITY : ALPHARETTA
STATE/ZIP : GA 30005
MORTGAGE AMOUNT : 317,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,746.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,135.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 88.30000
----------------------------------------------------------------------------
0 0031887045 MORTGAGORS: PALMER SHERYL
REGION CODE ADDRESS : 1725 DUCHESS TERRACE
01 CITY : BRENTWOOD
STATE/ZIP : CA 94513
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,592.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,649.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.15100
----------------------------------------------------------------------------
0 0031887466 MORTGAGORS: CRANDALL TINA
CRANDALL BRIAN
REGION CODE ADDRESS : 257 BELMONT AVENUE
01 CITY : LONG BEACH
STATE/ZIP : CA 90803
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,707.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,286.11 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.83800
----------------------------------------------------------------------------
0 0031887516 MORTGAGORS: WIESNER STEVE
REGION CODE ADDRESS : 14231 PAUL AVENUE
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 308,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,565.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,132.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.51000
----------------------------------------------------------------------------
0 0031887524 MORTGAGORS: RAMBERG E
JAMES SHERRY
REGION CODE ADDRESS : 20369 STILLHOUSE BRANCH PLACE
01 CITY : STERLING
STATE/ZIP : VA 20165
MORTGAGE AMOUNT : 388,679.00 OPTION TO CONVERT :
UNPAID BALANCE : 388,336.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,488.76 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,610,479.00
P & I AMT: 10,693.32 UPB AMT: 1,608,947.47
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 221
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031887631 MORTGAGORS: LEWIS PAUL
LEWIS ANDREA
REGION CODE ADDRESS : 10304 CONISTON COURT
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,741.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,945.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 50.17500
----------------------------------------------------------------------------
0 0031887755 MORTGAGORS: ESKANDER AYMAN
REGION CODE ADDRESS : 9782 OLYMPIC DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,788.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,149.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.30200
----------------------------------------------------------------------------
0 0031887763 MORTGAGORS: FREDERICKSON JOHN
FREDERICKSON TERI
REGION CODE ADDRESS : 709 ACORN DRIVE
01 CITY : CLAYTON
STATE/ZIP : CA 94517
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,741.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,348.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.83300
----------------------------------------------------------------------------
0 0031887797 MORTGAGORS: PALMATEER SCOTT
PALMATEER COLLEEN
REGION CODE ADDRESS : 4611 ISAAC DRIVE
01 CITY : ELLICOTT CITY
STATE/ZIP : MD 21043
MORTGAGE AMOUNT : 256,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,129.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,662.69 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 94.95300
----------------------------------------------------------------------------
0 0031887805 MORTGAGORS: SCOTT JOSEPH
REGION CODE ADDRESS : 15 RED FOX LANE
01 CITY : ENGLEWOOD
STATE/ZIP : CO 80111
MORTGAGE AMOUNT : 829,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 828,169.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,588.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 015
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,025,850.00
P & I AMT: 13,694.53 UPB AMT: 2,023,569.90
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 222
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031888225 MORTGAGORS: O'BRIEN CHARLES
O'BRIEN MARIE
REGION CODE ADDRESS : 315 BEACH DRIVE
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 536,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 535,205.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,614.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 63.11764
----------------------------------------------------------------------------
0 0031888704 MORTGAGORS: SCHEM GREGORY
SCHEM DEBBIE
REGION CODE ADDRESS : 16643 CUMBRE VERDE COURT,
01 CITY : PACIFIC PALISADES,
STATE/ZIP : CA 90272
MORTGAGE AMOUNT : 476,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 475,609.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,166.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 31.73333
----------------------------------------------------------------------------
0 0031888803 MORTGAGORS: KAPP HARRY
KAPP MARILYN
REGION CODE ADDRESS : 6563 ROBINEA DRIVE
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,457.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,195.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 62.27002
----------------------------------------------------------------------------
0 0031889066 MORTGAGORS: HAYNES RICHARD
HAYNES SUSAN
REGION CODE ADDRESS : 3210 BLUE OAK DRIVE
01 CITY : CATHEYS VALLEY
STATE/ZIP : CA 95306
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.28900
----------------------------------------------------------------------------
0 0031889074 MORTGAGORS: BRADLEY NORVEL
BRADLEY LINDA
REGION CODE ADDRESS : 4050 PIER POINT
01 CITY : BYRON
STATE/ZIP : CA 94514
MORTGAGE AMOUNT : 302,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,275.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,115.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.60500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,945,000.00
P & I AMT: 13,189.61 UPB AMT: 1,942,548.01
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 223
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031889132 MORTGAGORS: O'NEILL JOHN
O'NEILL RITA
REGION CODE ADDRESS : 165 FOREST STREET
01 CITY : NORTH ANDOVER
STATE/ZIP : MA 01845
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,695.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,914.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/23
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.64300
----------------------------------------------------------------------------
0 0031889280 MORTGAGORS: MCGREGOR GREGOR
MCGREGOR SHARON
REGION CODE ADDRESS : 70 WILLIAMS ROAD
01 CITY : CONCORD
STATE/ZIP : MA 01742
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,085.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.12400
----------------------------------------------------------------------------
0 0031889330 MORTGAGORS: DE LAWRENCE JOHN
DE LAWRENCE KATHLEEN
REGION CODE ADDRESS : 1848 MORGAN LANE
01 CITY : COLLEGEVILLE
STATE/ZIP : PA 19426
MORTGAGE AMOUNT : 296,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,925.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031889413 MORTGAGORS: PAK PAUL
REGION CODE ADDRESS : 2663 TRIESTE WAY
01 CITY : FULLERTON
STATE/ZIP : CA 92833
MORTGAGE AMOUNT : 200,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 199,827.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,297.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031889595 MORTGAGORS: SAURMAN ROBERT
SAURMAN KATHLEEN
REGION CODE ADDRESS : 1715 MAIN STREET
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 448,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 448,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,056.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,508,800.00
P & I AMT: 10,279.13 UPB AMT: 1,508,323.11
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 224
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031889660 MORTGAGORS: TUNG HELEN
REGION CODE ADDRESS : 2736 VISTA BLUFF ROAD
01 CITY : ORANGE
STATE/ZIP : CA 92867
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,814.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 71.05200
----------------------------------------------------------------------------
0 0031889694 MORTGAGORS: ISRAEL STEVEN
ISRAEL JODIE
REGION CODE ADDRESS : 7 DEL RIO COURT,
01 CITY : MORAGA,
STATE/ZIP : CA 94556
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,639.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,927.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031890064 MORTGAGORS: CROOK JEFFREY
MCHANEY DONNA
REGION CODE ADDRESS : 1313 EAST GARTEN DRIVE
01 CITY : PLACENTIA
STATE/ZIP : CA 92870
MORTGAGE AMOUNT : 313,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,497.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,108.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.42857
----------------------------------------------------------------------------
0 0031890320 MORTGAGORS: GOLDING GARY
REGION CODE ADDRESS : 12008 CREEKBEND DRIVE
01 CITY : RESTON
STATE/ZIP : VA 20194
MORTGAGE AMOUNT : 436,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 436,098.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,869.47 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031890569 MORTGAGORS: DAVIS JAMES
DAVIS LAVINIA
REGION CODE ADDRESS : 6 PHEASANT RIDGE
01 CITY : NEWTOWN
STATE/ZIP : CT 06470
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,107.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 51.18100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,784,800.00
P & I AMT: 11,971.18 UPB AMT: 1,783,050.20
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 225
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031890601 MORTGAGORS: RANDOLPH ADRIAN
REGION CODE ADDRESS : 1441 JONES STREET #402
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94109
MORTGAGE AMOUNT : 306,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,666.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,119.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031890734 MORTGAGORS: DIGIOVANNA ANTHONY
DIGIOVANNA DEANNA
REGION CODE ADDRESS : 6521 QUIET CEDAR LANE
01 CITY : CENTERVILLE
STATE/ZIP : VA 20120
MORTGAGE AMOUNT : 378,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,674.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,451.71 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.87600
----------------------------------------------------------------------------
0 0031890759 MORTGAGORS: KLUBA DONALD
KLUBA REBECCA
REGION CODE ADDRESS : 6509 FAWN HOLLOW PLACE,
01 CITY : CENTREVILLE,
STATE/ZIP : VA 20120
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,689.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,430.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.86100
----------------------------------------------------------------------------
0 0031890817 MORTGAGORS: MCDONALD JAMES
MCDONALD JOANNE
REGION CODE ADDRESS : 7470 ADAMS STREET
01 CITY : VENTURA
STATE/ZIP : CA 93004
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,765.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,127.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031890908 MORTGAGORS: SHILLING LISA
SHILLING STEVEN
REGION CODE ADDRESS : 6404 NE 130TH PLACE
01 CITY : KIRKLAND
STATE/ZIP : WA 98034
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,818.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,706.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 61.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,606,900.00
P & I AMT: 10,835.39 UPB AMT: 1,605,614.73
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 226
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031891732 MORTGAGORS: SIMON DEBRA
REGION CODE ADDRESS : 150 SAUVE ROAD
01 CITY : RIVER RIDGE
STATE/ZIP : LA 70123
MORTGAGE AMOUNT : 277,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,799.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 66.70600
----------------------------------------------------------------------------
0 0031891971 MORTGAGORS: DORE CHRISTOPHER
FREUND LESLIE
REGION CODE ADDRESS : 2430 FIFTH STREET, UNIT K
01 CITY : BERKELEY
STATE/ZIP : CA 94710
MORTGAGE AMOUNT : 254,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,715.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.95100
----------------------------------------------------------------------------
0 0031892417 MORTGAGORS: KROTH MICHAEL
KROTH LAURA
REGION CODE ADDRESS : 1 PORTSMOUTH PLACE
01 CITY : TRABUCO CANYON
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,532.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,113.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.50000
----------------------------------------------------------------------------
0 0031892540 MORTGAGORS: YEE DANIEL
YEE KAY
REGION CODE ADDRESS : 5 SHASTA COURT
01 CITY : LAS FLORES
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 311,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,043.05 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 51.83300
----------------------------------------------------------------------------
0 0031892615 MORTGAGORS: YASUDA ROBERT
YASUDA NANCY
REGION CODE ADDRESS : 5038 GOULD AVENUE
01 CITY : LA CANADA-FLINTRIDGE
STATE/ZIP : CA 91011
MORTGAGE AMOUNT : 556,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 555,544.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,699.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,705,200.00
P & I AMT: 11,371.43 UPB AMT: 1,704,277.11
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 227
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031892631 MORTGAGORS: EVANS GREGORY
PETERSON PHILLIP
REGION CODE ADDRESS : 1421 WEST CLAY STREET
01 CITY : HOUSTON
STATE/ZIP : TX 77019
MORTGAGE AMOUNT : 275,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,284.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,859.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 94.99100
----------------------------------------------------------------------------
0 0031892706 MORTGAGORS: LEWIS MARK
LEWIS SUSAN
REGION CODE ADDRESS : 1430 EAST CIRCLE WAY
01 CITY : SALT LAKE CITY
STATE/ZIP : UT 84103
MORTGAGE AMOUNT : 1,365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 1,365,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 9,427.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 70.00000
----------------------------------------------------------------------------
0 0031892797 MORTGAGORS: FOWLER RICHARD
FOWLER PATRICIA
REGION CODE ADDRESS : 25201 LEICESTER
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 342,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,694.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,333.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031892821 MORTGAGORS: SPRING GREGORY
BROWN IVYANN
REGION CODE ADDRESS : 14350 MILLBROOK DRIVE
01 CITY : SHERMAN OAKS AREA
STATE/ZIP : CA 91423
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,734.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,236.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031892870 MORTGAGORS: KUTNER DAVID
REGION CODE ADDRESS : 3785 SAN AUGUSTINE DRIVE
01 CITY : GLENDALE
STATE/ZIP : CA 91206
MORTGAGE AMOUNT : 373,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,208.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,547.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,688,450.00
P & I AMT: 18,404.57 UPB AMT: 2,686,922.46
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 228
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031893241 MORTGAGORS: SLATER MICHAEL
STRATTON IRENE
REGION CODE ADDRESS : 11224 OCCIDENTAL ROAD
01 CITY : SEBASTOPOL
STATE/ZIP : CA 95472
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,352.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,432.24 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 54.34700
----------------------------------------------------------------------------
0 0031893290 MORTGAGORS: GRIDLEY ROBERT
GRIDLEY ANN
REGION CODE ADDRESS : 700 HALLBROOK COURT
01 CITY : ALPHARETTA
STATE/ZIP : GA 30004
MORTGAGE AMOUNT : 481,116.00 OPTION TO CONVERT :
UNPAID BALANCE : 480,243.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,040.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031893662 MORTGAGORS: NASIR SHER
NASIR NAUSHIN
REGION CODE ADDRESS : 3212 KILBY LANDING COURT
01 CITY : CLIFTON
STATE/ZIP : VA 20124
MORTGAGE AMOUNT : 278,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,719.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,804.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.11500
----------------------------------------------------------------------------
0 0031893738 MORTGAGORS: STEVENS SCOTT
STEVENS SUZANNE
REGION CODE ADDRESS : 121 ST. PIERRE WAY
01 CITY : MARTINEZ
STATE/ZIP : CA 94553
MORTGAGE AMOUNT : 278,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,930.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,828.90 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99500
----------------------------------------------------------------------------
0 0031893811 MORTGAGORS: CABRAL DUARTE
CABRAL LINDA
REGION CODE ADDRESS : 7871 GRADO CIPRESO
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 263,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,266.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,754.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.85400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,676,416.00
P & I AMT: 10,860.94 UPB AMT: 1,673,513.11
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 229
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031894074 MORTGAGORS: WOODWORTH DRAKE
REGION CODE ADDRESS : 12442 LAUREL TERRACE DRIVE
01 CITY : STUDIO CITY
STATE/ZIP : CA 91604
MORTGAGE AMOUNT : 276,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,578.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,864.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031894090 MORTGAGORS: STEPHENSON WAYNE
STEPHENSON JOHANNA
REGION CODE ADDRESS : 2038 CALVERT AVENUE
01 CITY : COSTA MESA
STATE/ZIP : CA 92626
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,795.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,929.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031894116 MORTGAGORS: RAGGHANTI THERESA
REGION CODE ADDRESS : 765 SAINT TIMOTHY PLACE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 269,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,350.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,906.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------------------
0 0031894322 MORTGAGORS: MYEROFF RANDALL
MYEROFF CHRISTINE
REGION CODE ADDRESS : 2210 RAINTREE ROAD
01 CITY : AKRON
STATE/ZIP : OH 44333
MORTGAGE AMOUNT : 322,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,748.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,196.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.18100
----------------------------------------------------------------------------
0 0031894355 MORTGAGORS: ALDRIDGE ALFRED
MEGLAN LETITA
REGION CODE ADDRESS : 5820 MARIOLA PLACE NE
01 CITY : ALBUQUERQUE,
STATE/ZIP : NM 87111
MORTGAGE AMOUNT : 263,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,683.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,755.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.98500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,408,050.00
P & I AMT: 9,653.47 UPB AMT: 1,407,156.31
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 230
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031894363 MORTGAGORS: ANDERSON DEAN
CORDOVA RON
REGION CODE ADDRESS : 3421 MILLER HEIGHTS ROAD
01 CITY : OAKTON
STATE/ZIP : VA 22124
MORTGAGE AMOUNT : 382,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,514.73 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031894371 MORTGAGORS: HAARZ DAVID
HAARZ DONNA
REGION CODE ADDRESS : 8441 HUNT VALLEY DRIVE
01 CITY : VIENNA
STATE/ZIP : VA 22180
MORTGAGE AMOUNT : 255,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,150.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,741.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.32800
----------------------------------------------------------------------------
0 0031894835 MORTGAGORS: MARSH JAMES
MARSH LOIS
REGION CODE ADDRESS : 445 WILLIAMS STREET
01 CITY : FOLSOM
STATE/ZIP : CA 95630
MORTGAGE AMOUNT : 299,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,650.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,069.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.99800
----------------------------------------------------------------------------
0 0031894843 MORTGAGORS: OLSEN JOHN
OLSEN DARCY
REGION CODE ADDRESS : 2546 WEST 232ND STREET
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 345,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,412.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,475.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031894900 MORTGAGORS: ROGERS JOHN
ROGERS ANNE
REGION CODE ADDRESS : 6 GATEVIEW ROAD
01 CITY : WAYNE
STATE/ZIP : PA 19087
MORTGAGE AMOUNT : 305,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,837.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,588,500.00
P & I AMT: 10,781.09 UPB AMT: 1,586,850.30
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 231
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031894926 MORTGAGORS: THOMAS BENNIE
THOMAS CATHERINE
REGION CODE ADDRESS : 14512 DELCASTLE DRIVE
01 CITY : MITCHELLVILLE
STATE/ZIP : MD 20721
MORTGAGE AMOUNT : 240,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,907.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,617.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.99200
----------------------------------------------------------------------------
0 0031894934 MORTGAGORS: LOUDEN KENNETH
BARRETT MARGRETH
REGION CODE ADDRESS : 1227 OAK STREET
01 CITY : SAN MATEO
STATE/ZIP : CA 94402
MORTGAGE AMOUNT : 525,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 524,288.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,541.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031894967 MORTGAGORS: GIBBS JEROME
REGION CODE ADDRESS : 942 CHARTER CIRCLE
01 CITY : ABINGTON
STATE/ZIP : PA 19027
MORTGAGE AMOUNT : 319,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,256.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,206.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031895089 MORTGAGORS: DRAKE BARBARA
REGION CODE ADDRESS : 2366 NORTH QUINCY STREET
01 CITY : ARLINGTON
STATE/ZIP : VA 22207
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,745.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,844.10 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031895386 MORTGAGORS: HESCHONG RODNEY
HESCHONG BETTY
REGION CODE ADDRESS : 36 RAFAEL DRIVE
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94901
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,506.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 52.17300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,673,200.00
P & I AMT: 11,205.39 UPB AMT: 1,670,706.27
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 232
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031895568 MORTGAGORS: MCDONALD JOE
MCDONALD SHARON
REGION CODE ADDRESS : 6221 WEST POST ROAD
01 CITY : CHANDLER
STATE/ZIP : AZ 85226
MORTGAGE AMOUNT : 247,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,921.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 85.20600
----------------------------------------------------------------------------
0 0031895766 MORTGAGORS: OLIVER RONALD
OLIVER STEPHANIE
REGION CODE ADDRESS : 11404 VIA PLAYA DE CORTES
01 CITY : SAN DIEGO
STATE/ZIP : CA 92124
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,783.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,634.47 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031895808 MORTGAGORS: FELDMAN EDWARD
FELDMAN NANCY
REGION CODE ADDRESS : 11025 BURYWOOD LANE
01 CITY : RESTON
STATE/ZIP : VA 20194
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,779.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,660.42 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031896079 MORTGAGORS: MORTON DERRICK
MORTON STEPHANIE
REGION CODE ADDRESS : 1569 GLENVILLE DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90035
MORTGAGE AMOUNT : 389,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 388,727.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,724.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.91700
----------------------------------------------------------------------------
0 0031896152 MORTGAGORS: VOLPERT ADRIENNE
THOMPSON ROBERT
REGION CODE ADDRESS : 3309 MARINA COVE CIRCLE
01 CITY : ELK GROVE
STATE/ZIP : CA 95758
MORTGAGE AMOUNT : 302,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,875.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,112.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.66200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,446,800.00
P & I AMT: 9,880.32 UPB AMT: 1,445,086.72
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 233
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031896228 MORTGAGORS: BLACK STEVEN
BLACK ROBIN
REGION CODE ADDRESS : 5266 TIMBER BRANCH WAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 363,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,380.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,482.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------------------
0 0031896343 MORTGAGORS: MOREY ROBERT
REGION CODE ADDRESS : 12 VILLAGE PARKWAY
01 CITY : SANTA MONICA
STATE/ZIP : CA 90405
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,792.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,814.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 84.17700
----------------------------------------------------------------------------
0 0031896368 MORTGAGORS: BAUER JAMES
BAUER ELLEN
REGION CODE ADDRESS : 2504 BRENTON POINT DRIVE
01 CITY : FAIRFAX
STATE/ZIP : VA 20191
MORTGAGE AMOUNT : 245,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,978.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,549.83 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------------------
0 0031896434 MORTGAGORS: CHU C.
CHU ARZU
REGION CODE ADDRESS : 2393 CHURCH STREET
01 CITY : MANASQUAN
STATE/ZIP : NJ 08736
MORTGAGE AMOUNT : 341,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,327.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.76400
----------------------------------------------------------------------------
0 0031896525 MORTGAGORS: STEWART ANDRE
STEWART RENEE
REGION CODE ADDRESS : 472 CASEY COURT
01 CITY : BENICIA
STATE/ZIP : CA 94510
MORTGAGE AMOUNT : 305,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,849.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,029.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.76100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,521,450.00
P & I AMT: 10,204.63 UPB AMT: 1,520,201.19
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 234
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031896541 MORTGAGORS: PARKER JOHN
BLAKESLEE MARSHA
REGION CODE ADDRESS : 1132 GENERALS HIGHWAY
01 CITY : CROWNSVILLE
STATE/ZIP : MD 21032
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,313.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.01100
----------------------------------------------------------------------------
0 0031896574 MORTGAGORS: RAMIREZ JORGE
ISASSI-RAMIREZ SANDRA
REGION CODE ADDRESS : 8687 EAST WINDSONG DRIVE
01 CITY : ANAHEIM HILLS
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 278,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,230.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,830.87 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.98700
----------------------------------------------------------------------------
0 0031896970 MORTGAGORS: KOVARIC LINDA
REGION CODE ADDRESS : 8341 GEORGETOWN AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90045
MORTGAGE AMOUNT : 292,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,318.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,948.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031897192 MORTGAGORS: OLIVIERI NICHOLAS
PERRONE-OLIVIERI JEAN
REGION CODE ADDRESS : 51 TWINBROOKS TRAIL
01 CITY : CHESTER
STATE/ZIP : NJ 07930
MORTGAGE AMOUNT : 425,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 425,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,795.89 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031897614 MORTGAGORS: HARTIN BRYAN
HARTIN MEGAN
REGION CODE ADDRESS : 2791 DYLAN SCHAR COURT
01 CITY : HERNDON
STATE/ZIP : VA 20171
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,419.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,022.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 67.77500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,652,100.00
P & I AMT: 10,911.15 UPB AMT: 1,650,568.80
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 235
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031897697 MORTGAGORS: EGGER ERNEST
EGGER CORINNE
REGION CODE ADDRESS : 45842 CORTE CARMELLO
01 CITY : TEMECULA
STATE/ZIP : CA 92592
MORTGAGE AMOUNT : 255,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,851.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,739.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98400
----------------------------------------------------------------------------
0 0031897762 MORTGAGORS: SOLLIDAY KEVIN
SOLLIDAY AMY
REGION CODE ADDRESS : 120 CUESTA VISTA DRIVE
01 CITY : MONTEREY
STATE/ZIP : CA 93940
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,756.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,210.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031897861 MORTGAGORS: ELLSWORTH STEPHEN
REGION CODE ADDRESS : 1403 EVERVIEW ROAD
01 CITY : SAN DIEGO
STATE/ZIP : CA 92110
MORTGAGE AMOUNT : 290,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,983.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.30800
----------------------------------------------------------------------------
0 0031898083 MORTGAGORS: ROSS GREGORY
ROSS DEBORAH
REGION CODE ADDRESS : 2007 LONG LEAF COURT,
01 CITY : SANTA ROSA,
STATE/ZIP : CA 95403
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,645.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,874.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031898158 MORTGAGORS: WALTER CHRISTINE
REGION CODE ADDRESS : 1811 BAY STREET
01 CITY : ALAMEDA
STATE/ZIP : CA 94501
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,892.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 83.03000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,571,750.00
P & I AMT: 10,699.71 UPB AMT: 1,570,953.43
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 236
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031898281 MORTGAGORS: CIRELLI JOHN
CIRELLI MARIA
REGION CODE ADDRESS : 8 SAND TRAP LANE
01 CITY : LAKEVILLE
STATE/ZIP : MA 02347
MORTGAGE AMOUNT : 256,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,929.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,661.39 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.89700
----------------------------------------------------------------------------
0 0031898471 MORTGAGORS: TELLERINE PHILIP
TELLERINE ISABEL
REGION CODE ADDRESS : 1368 ONTARIO AVENUE
01 CITY : PASADENA
STATE/ZIP : CA 91103
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 407,689.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,817.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031898943 MORTGAGORS: APPLE STEVEN
APPLE REBECCA
REGION CODE ADDRESS : 7315 BINNACLE DRIVE
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 287,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,658.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,891.30 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.99300
----------------------------------------------------------------------------
0 0031899164 MORTGAGORS: LANDIN LORENZO
LANDIN VICKY
REGION CODE ADDRESS : 7832 YORKTOWN PLACE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90045
MORTGAGE AMOUNT : 261,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,603.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,738.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031899636 MORTGAGORS: SERAME THOMAS
SERAME DELIA
REGION CODE ADDRESS : 2173 WATERCREST PLACE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 389,647.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,465.07 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.70200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,603,300.00
P & I AMT: 10,573.82 UPB AMT: 1,601,528.35
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 237
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031900335 MORTGAGORS: STUNZ RONALD
STUNZ PHEBE
REGION CODE ADDRESS : 60 BOOTH LANE
01 CITY : HAVERFORD
STATE/ZIP : PA 19041
MORTGAGE AMOUNT : 533,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 533,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,726.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.51700
----------------------------------------------------------------------------
0 0031900384 MORTGAGORS: LUNA ROBERT
REGION CODE ADDRESS : 20214 PLAZA DE MADRID
01 CITY : CERRITOS
STATE/ZIP : CA 90703
MORTGAGE AMOUNT : 283,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 85.90900
----------------------------------------------------------------------------
0 0031900483 MORTGAGORS: PHILLIPS SYDNEY
REGION CODE ADDRESS : 245 WEST CHANNEL ROAD
01 CITY : SANTA MONICA AREA
STATE/ZIP : CA 90402
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,760.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 52.63100
----------------------------------------------------------------------------
0 0031900509 MORTGAGORS: MACMASTER FRANZ
REGION CODE ADDRESS : 44475 CLUBHOUSE DRIVE
01 CITY : EL MACERO
STATE/ZIP : CA 95618
MORTGAGE AMOUNT : 298,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,561.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,013.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031900541 MORTGAGORS: FUENTES PETE
FUENTES REBECCA
REGION CODE ADDRESS : 2121 GRETA LANE SOUTH
01 CITY : FORT WORTH
STATE/ZIP : TX 76120
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,735,300.00
P & I AMT: 11,884.66 UPB AMT: 1,734,821.15
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 238
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031900558 MORTGAGORS: CASTILLO MOSES
CASTILLO ELIZABETH
REGION CODE ADDRESS : 8721 DELRAY CIRCLE
01 CITY : WESTMINSTER
STATE/ZIP : CA 92683
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,776.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031900871 MORTGAGORS: STURGES ROBERT
STURGES WENDY
REGION CODE ADDRESS : 13806 WILLOW TREE DRIVE
01 CITY : ROCKVILLE
STATE/ZIP : MD 20850
MORTGAGE AMOUNT : 331,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,521.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,179.69 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.97900
----------------------------------------------------------------------------
0 0031901440 MORTGAGORS: BELL DWAINE
BELL LINH
REGION CODE ADDRESS : 32770 FOLKLORE LOOP
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,578.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,642.33 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.89800
----------------------------------------------------------------------------
0 0031901457 MORTGAGORS: UPADHYAYA RAHUL
UPADHYAYA MANJU
REGION CODE ADDRESS : 32792 OLYMPIAD COURT
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 339,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,028.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,285.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.98700
----------------------------------------------------------------------------
0 0031901663 MORTGAGORS: RIDDLESPERGER MICHAEL
REGION CODE ADDRESS : 2096 WESTMINSTER AVENUE
01 CITY : COSTA MESA
STATE/ZIP : CA 92627
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,841.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 88.52400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,439,100.00
P & I AMT: 9,726.53 UPB AMT: 1,438,128.63
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 239
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031901747 MORTGAGORS: BULL BRUCE
BULL TACIE
REGION CODE ADDRESS : 3653 PIMLICO DRIVE
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 307,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,150.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031901788 MORTGAGORS: JACK KEVIN
JACK GEORGETTE
REGION CODE ADDRESS : 114 BLUEBERRY DRIVE
01 CITY : SCOTTS VALLEY
STATE/ZIP : CA 95066
MORTGAGE AMOUNT : 319,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,098.89 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031901812 MORTGAGORS: REYNAGA OMAR
REYNAGA LORENA
REGION CODE ADDRESS : 15655 OLDEN STREET
01 CITY : SYLMAR
STATE/ZIP : CA 91342
MORTGAGE AMOUNT : 269,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,684.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,818.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.98100
----------------------------------------------------------------------------
0 0031901838 MORTGAGORS: MEIR EZRA
REGION CODE ADDRESS : 95 S LUMINA AVENUE UNIT 1-1
01 CITY : WRIGHTSVILLE BEACH
STATE/ZIP : NC 28480
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031902232 MORTGAGORS: TARANTOLO ROBERT
TARANTOLO TERESA
REGION CODE ADDRESS : 12300 MORNING CREEK ROAD
01 CITY : RICHMOND
STATE/ZIP : VA 23060
MORTGAGE AMOUNT : 265,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,371.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,722.68 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,422,500.00
P & I AMT: 9,585.78 UPB AMT: 1,422,055.48
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 240
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031902349 MORTGAGORS: CISNEROS AGUSTIN
CISNEROS LETICIA
REGION CODE ADDRESS : 2452 STEAMBOAT SPRINGS COURT
01 CITY : CHULA VISTA
STATE/ZIP : CA 91915
MORTGAGE AMOUNT : 241,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,646.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,588.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 94.98900
----------------------------------------------------------------------------
0 0031902356 MORTGAGORS: NICHKELSEN PHYLLIS
REYNOLDS SHAUNA
REGION CODE ADDRESS : 285 GLENDORA AVENUE
01 CITY : LONG BEACH
STATE/ZIP : CA 90803
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,091.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031902695 MORTGAGORS: MAIN BRIAN
MAIN WENDY
REGION CODE ADDRESS : 308 GALWAY COURT
01 CITY : ROSEVILLE
STATE/ZIP : CA 95747
MORTGAGE AMOUNT : 414,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 413,876.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,825.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.99900
----------------------------------------------------------------------------
0 0031902737 MORTGAGORS: QUIGG ROGER
QUIGG MARY
REGION CODE ADDRESS : 725 TAYLOR STREET
01 CITY : FOLSOM
STATE/ZIP : CA 95630
MORTGAGE AMOUNT : 256,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,818.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.99700
----------------------------------------------------------------------------
0 0031902752 MORTGAGORS: SAULS MALCOLM
SAULS GERTRUDE
REGION CODE ADDRESS : 34325 N. 99TH STREET
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85262
MORTGAGE AMOUNT : 268,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,550.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,877.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,473,500.00
P & I AMT: 10,202.35 UPB AMT: 1,472,973.70
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 241
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031902885 MORTGAGORS: MILOUSHEV ZDRAVKO
DIMITRIEVA DOBRINA
REGION CODE ADDRESS : 44 GLENDALE ROAD
01 CITY : BOXFORD
STATE/ZIP : MA 01921
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,839.41 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031903123 MORTGAGORS: NEWMAN MICHAEL
DEWOLF MICHELLE
REGION CODE ADDRESS : 955 EVELYN STREET
01 CITY : MENLO PARK
STATE/ZIP : CA 94025
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 85.71400
----------------------------------------------------------------------------
0 0031903164 MORTGAGORS: KEARNS MARK
KEARNS THERESA
REGION CODE ADDRESS : 387 EWING DRIVE
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 363,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,569.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 78.91300
----------------------------------------------------------------------------
0 0031903610 MORTGAGORS: BAHNG HEEBUM
BAHNG SEJEONG
REGION CODE ADDRESS : 3307 LAUREN OAKS COURT
01 CITY : OAK HILL
STATE/ZIP : VA 20171
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,710.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,022.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 58.47600
----------------------------------------------------------------------------
0 0031903719 MORTGAGORS: GORDON SCOTT
CAMPANARO LISA
REGION CODE ADDRESS : 11343 FARLIN STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90049
MORTGAGE AMOUNT : 448,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 447,632.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,980.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,711,000.00
P & I AMT: 11,509.52 UPB AMT: 1,710,343.48
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 242
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031903735 MORTGAGORS: ALDRICH MARK
ALDRICH ANNE
REGION CODE ADDRESS : 26071 WATERWHEEL PLACE
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 580,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 579,157.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,105.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 78.48400
----------------------------------------------------------------------------
0 0031903891 MORTGAGORS: RANDAZZO ROGER
RANDAZZO JO ANNE
REGION CODE ADDRESS : 15530 BLUE CRYSTAL TRAILS
01 CITY : POWAY
STATE/ZIP : CA 92064
MORTGAGE AMOUNT : 490,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 490,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,259.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.30600
----------------------------------------------------------------------------
0 0031903941 MORTGAGORS: PULJIZ THOMAS
ELLER KIM
REGION CODE ADDRESS : 333 RANCHO RIO AVENUE
01 CITY : BEN LOMOND
STATE/ZIP : CA 95005
MORTGAGE AMOUNT : 238,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,823.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,664.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0031904147 MORTGAGORS: WESTFALL DAVID
WESTFALL CAROL
REGION CODE ADDRESS : 22352 PLATINO
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92691
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,814.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.52941
----------------------------------------------------------------------------
0 0031904220 MORTGAGORS: WHITE RONALD
WHITE JULIE
REGION CODE ADDRESS : 2879 TEAL STREET
01 CITY : LA VERNE
STATE/ZIP : CA 91750
MORTGAGE AMOUNT : 345,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,050.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,353.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,903,050.00
P & I AMT: 13,131.20 UPB AMT: 1,901,845.60
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 243
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031904378 MORTGAGORS: BAXTER ALEXANDER
REGION CODE ADDRESS : 2006 FEDERAL AVENUE EAST
01 CITY : SEATTLE
STATE/ZIP : WA 98102
MORTGAGE AMOUNT : 386,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,633.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031904485 MORTGAGORS: MCMILLAN DOUGALD
MCMILLAN URSULA
REGION CODE ADDRESS : 14 CURVE STREET
01 CITY : WELLESLEY
STATE/ZIP : MA 02482
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,101.46 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031904667 MORTGAGORS: CASILLAS EDWARD
CASILLAS JILL
REGION CODE ADDRESS : 1508 N. HIGHLAND STREET
01 CITY : ARLINGTON
STATE/ZIP : VA 22201
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,755.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031904675 MORTGAGORS: MATTEI GEORGE
MATTEI LISA
REGION CODE ADDRESS : 2882 EIDER ST.
01 CITY : LA VERNE
STATE/ZIP : CA 91750
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,937.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.79600
----------------------------------------------------------------------------
0 0031904683 MORTGAGORS: PITPIT WENDELL
PITPIT SHARON
REGION CODE ADDRESS : 7550 COWAN AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90045
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,989.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,530,100.00
P & I AMT: 10,417.19 UPB AMT: 1,530,100.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 244
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031904709 MORTGAGORS: BARNES BRENDA
REGION CODE ADDRESS : 7826 GEORGIAN OAKS COURT,
01 CITY : DUBLIN,
STATE/ZIP : CA 94568
MORTGAGE AMOUNT : 464,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 464,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,132.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.85500
----------------------------------------------------------------------------
0 0031904816 MORTGAGORS: ROSEMEYER TIMOTHY
ROSEMEYER BEVERLY
REGION CODE ADDRESS : 468 LA MARINA DRIVE
01 CITY : CAMARILLO
STATE/ZIP : CA 93010
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,793.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,616.05 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 31.66000
----------------------------------------------------------------------------
0 0031904873 MORTGAGORS: FREY WILLIAM
FREY PATRICIA
REGION CODE ADDRESS : 95 SEAFIRTH ROAD
01 CITY : TIBURON
STATE/ZIP : CA 94920
MORTGAGE AMOUNT : 565,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 565,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,806.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.47000
----------------------------------------------------------------------------
0 0031904956 MORTGAGORS: KIM IN
KIM SEUNG
REGION CODE ADDRESS : 25726 CRESTFIELD CIRCLE
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 306,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,510.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,092.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.99123
----------------------------------------------------------------------------
0 0031905052 MORTGAGORS: WILLIAMS KEITH
JACOBS-WILLIAMS BELINDA
REGION CODE ADDRESS : 16504 SOUTH MYRA LANE
01 CITY : CERRITOS
STATE/ZIP : CA 90703
MORTGAGE AMOUNT : 247,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,329.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,794.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,830,150.00
P & I AMT: 12,441.81 UPB AMT: 1,829,533.70
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 245
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031905086 MORTGAGORS: WOODS STUART
REGION CODE ADDRESS : 80 CLUBHOUSE COURT
01 CITY : VERO BEACH
STATE/ZIP : FL 32963
MORTGAGE AMOUNT : 506,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 506,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,454.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031905417 MORTGAGORS: MAHON JAMES
MAHON CHARLA
REGION CODE ADDRESS : 5247 ELLIOTT ROAD
01 CITY : POWDER SPRINGS
STATE/ZIP : GA 30127
MORTGAGE AMOUNT : 264,081.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,081.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,779.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031905466 MORTGAGORS: GARLOCK WILLIAM
GARLOCK LYNN
REGION CODE ADDRESS : 3600 MARIOLA ROAD
01 CITY : SEBASTOPOL
STATE/ZIP : CA 95472
MORTGAGE AMOUNT : 367,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,472.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.26300
----------------------------------------------------------------------------
0 0031905623 MORTGAGORS: EVANGELISTA ERNESTO
EVANGELISTA MYRNA
REGION CODE ADDRESS : 87 WEMBLEY DRIVE
01 CITY : DALY CITY
STATE/ZIP : CA 94015
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,787.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,855.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031905805 MORTGAGORS: JERVIS JACQUELYNE
REGION CODE ADDRESS : 5 RIVA DRIVE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92657
MORTGAGE AMOUNT : 346,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,402.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,244.15 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 67.18400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,755,481.00
P & I AMT: 11,805.94 UPB AMT: 1,754,671.34
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 246
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031905961 MORTGAGORS: WASHINGTON ROBERT
REGION CODE ADDRESS : 1300 VINEYARD DR.
01 CITY : CONYERS
STATE/ZIP : GA 30013
MORTGAGE AMOUNT : 251,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,648.89 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.43700
----------------------------------------------------------------------------
0 0031906076 MORTGAGORS: VIA MARK
VIA LINDA
REGION CODE ADDRESS : 2655 WISTERIA COURT,
01 CITY : MERCED,
STATE/ZIP : CA 95340
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,358.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.66600
----------------------------------------------------------------------------
0 0031906225 MORTGAGORS: SWANSON GARY
SWANSON VALERIE
REGION CODE ADDRESS : 2033 EAST VICTOR ROAD
01 CITY : GILBERT
STATE/ZIP : AZ 85296
MORTGAGE AMOUNT : 276,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,234.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,885.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------------------
0 0031906357 MORTGAGORS: NERN DAVID
NERN LISA
REGION CODE ADDRESS : 1924 E CHESAPEAKE LANE
01 CITY : LITTLETON
STATE/ZIP : CO 80126
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,808.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031906464 MORTGAGORS: VANGALIS ANTHONY
VANGALIS PATRICIA
REGION CODE ADDRESS : 0095 POLAR STAR ROAD
01 CITY : EDWARDS
STATE/ZIP : CO 81632
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,687.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,728.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 30.76900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,579,450.00
P & I AMT: 10,698.86 UPB AMT: 1,578,088.89
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 247
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031906472 MORTGAGORS: FREEMAN DOUGLAS
FREEMAN CAROL
REGION CODE ADDRESS : 1775 CALIFORNIA AVE
01 CITY : TURLOCK
STATE/ZIP : CA 95380
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,791.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,038.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031906613 MORTGAGORS: GROSS DANIEL
GROSS ANNE
REGION CODE ADDRESS : 732 SOUTH ELWOOD AVENUE
01 CITY : GLENDORA
STATE/ZIP : CA 91740
MORTGAGE AMOUNT : 281,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,916.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.94500
----------------------------------------------------------------------------
0 0031906704 MORTGAGORS: SHAW MAXIMILLIAN
SHAW MARY
REGION CODE ADDRESS : 24652 AVENIDA RIVIERA
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,622.61 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 57.44100
----------------------------------------------------------------------------
0 0031906811 MORTGAGORS: NEWMAN TODD
NEWMAN MARISA
REGION CODE ADDRESS : 2856 EIDER STREET
01 CITY : LA VERNE
STATE/ZIP : CA 91750
MORTGAGE AMOUNT : 390,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 390,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,666.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.99000
----------------------------------------------------------------------------
0 0031906894 MORTGAGORS: KENDRICK JAMES
REGION CODE ADDRESS : 13410 GREENWOOD MANOR DRIVE
01 CITY : CYPRESS
STATE/ZIP : TX 77429
MORTGAGE AMOUNT : 251,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,213.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,757.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 93.11100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,458,300.00
P & I AMT: 10,002.44 UPB AMT: 1,457,904.97
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 248
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031906985 MORTGAGORS: LYNDS KRISTOFFER
LYNDS CYNTHIA
REGION CODE ADDRESS : 16 RYDAL COURT
01 CITY : OAKLAND
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 353,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,375.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,260.30 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 74.31579
----------------------------------------------------------------------------
0 0031907181 MORTGAGORS: GALLINA JULIANE
GLOSS LAWRENCE
REGION CODE ADDRESS : 713 NORFOLK LANE
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22314
MORTGAGE AMOUNT : 304,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,450.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,154.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 94.98600
----------------------------------------------------------------------------
0 0031907413 MORTGAGORS: CAMARENA JOHN
REGION CODE ADDRESS : 1532 BELLA VISTA DRIVE
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 328,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,209.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031907462 MORTGAGORS: SUGHRUE CHRISTOPHER
SUGHRUE WENDY
REGION CODE ADDRESS : 1212 GREENBROOK DRIVE
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,259.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031907488 MORTGAGORS: BROHAMMER KARL
BROHAMMER OLIVIA
REGION CODE ADDRESS : 1589 LEESBURG COURT
01 CITY : GRAYSON
STATE/ZIP : GA 30017
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,306.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,731.76 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 78.52900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,596,450.00
P & I AMT: 10,616.58 UPB AMT: 1,595,131.85
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 249
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031907504 MORTGAGORS: ST JEAN RICHARD
ST JEAN PATRICIA
REGION CODE ADDRESS : 6160 MANASOTA KEY ROAD
01 CITY : ENGLEWOOD
STATE/ZIP : FL 34223
MORTGAGE AMOUNT : 387,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,066.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,607.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 48.74000
----------------------------------------------------------------------------
0 0031907512 MORTGAGORS: FRAUENFELDER ANDREAS
FRAUENFELDER KELLY
REGION CODE ADDRESS : 404 OLD QUARRY ROAD
01 CITY : ST AUGUSTINE
STATE/ZIP : FL 32084
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,340.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.26800
----------------------------------------------------------------------------
0 0031907538 MORTGAGORS: MARIANI MARK
MARIANI JANELLE
REGION CODE ADDRESS : 775 OLEANDER STREET
01 CITY : BOCA RATON
STATE/ZIP : FL 33486
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 397,512.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,762.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 54.79400
----------------------------------------------------------------------------
0 0031907546 MORTGAGORS: LEONHARDT PHYLLIS
REGION CODE ADDRESS : 222 SONORA DRIVE
01 CITY : SAN MATEO
STATE/ZIP : CA 94402
MORTGAGE AMOUNT : 265,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,788.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 35.40000
----------------------------------------------------------------------------
0 0031907553 MORTGAGORS: ITURREY MARCELINO
ITURREY ERLEN
REGION CODE ADDRESS : 9250 S.W. 70 AVENUE
01 CITY : PINECREST
STATE/ZIP : FL 33156
MORTGAGE AMOUNT : 248,298.49 OPTION TO CONVERT :
UNPAID BALANCE : 247,038.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,732.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/24
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.94200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,580,798.49
P & I AMT: 10,801.00 UPB AMT: 1,575,457.49
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 250
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031907561 MORTGAGORS: PRIEST NEAL
PRIEST PATRICIA
REGION CODE ADDRESS : 1181 TANGLEBROOK DR
01 CITY : ATHENS
STATE/ZIP : GA 30606
MORTGAGE AMOUNT : 404,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 403,000.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,687.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031907579 MORTGAGORS: MERCADO ROY
REGION CODE ADDRESS : 24308 MOSS CREEK LANE
01 CITY : PONTE VEDRA BEACH
STATE/ZIP : FL 32082
MORTGAGE AMOUNT : 470,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 468,808.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,087.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.67600
----------------------------------------------------------------------------
0 0031907587 MORTGAGORS: MAXWELL DWEIIT
MAXWELL JUDI
REGION CODE ADDRESS : 2585 MAYFAIR LANE
01 CITY : FT. LAUDERDALE
STATE/ZIP : FL 33327
MORTGAGE AMOUNT : 307,567.06 OPTION TO CONVERT :
UNPAID BALANCE : 305,625.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,208.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/24
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.76800
----------------------------------------------------------------------------
0 0031907611 MORTGAGORS: LUSCO MARY
CEDDIA LOUIS
REGION CODE ADDRESS : 8200 DEERBROOK CIRCLE
01 CITY : SARATOSA
STATE/ZIP : FL 34238
MORTGAGE AMOUNT : 319,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,326.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,084.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031907629 MORTGAGORS: HOFF CHARLES
HOFF LISA
REGION CODE ADDRESS : 498 WEST PARKWOOD
01 CITY : DECATUR
STATE/ZIP : GA 30030
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,079.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,474.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,872,767.06
P & I AMT: 12,544.20 UPB AMT: 1,866,841.43
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 251
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031907637 MORTGAGORS: MARSHALL JOHN
MARSHALL MOLISSA
REGION CODE ADDRESS : 4813 RIVER BASIN DRIVE
01 CITY : JACKSONVILLE
STATE/ZIP : FL 32207
MORTGAGE AMOUNT : 263,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,808.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,840.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031907645 MORTGAGORS: DILLON JOSEPH
DILLON HARRIETT
REGION CODE ADDRESS : 1551 WILMINGTON ISLAND ROAD
01 CITY : SAVANNAH
STATE/ZIP : GA 31410
MORTGAGE AMOUNT : 605,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 603,539.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,076.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.17600
----------------------------------------------------------------------------
0 0031907652 MORTGAGORS: MURPHY MICHAEL
MURPHY AMY
REGION CODE ADDRESS : 8075 EAGLE LAKE VIEW
01 CITY : CUMMING
STATE/ZIP : GA 30040
MORTGAGE AMOUNT : 286,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,107.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,932.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031907660 MORTGAGORS: BERGERON PATRICIA
REGION CODE ADDRESS : 56 KNOLLWOOD DRIVE
01 CITY : HILTON HEAD ISLAND
STATE/ZIP : SC 29926
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,607.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,627.72 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.90300
----------------------------------------------------------------------------
0 0031907678 MORTGAGORS: BASKIN ROGER
BASKIN LISA
REGION CODE ADDRESS : 4270 LONG LANE
01 CITY : FRANKLIN
STATE/ZIP : TN 37064
MORTGAGE AMOUNT : 482,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 480,519.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,331.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 32.15300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,037,300.00
P & I AMT: 13,807.40 UPB AMT: 2,031,582.88
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 252
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031907694 MORTGAGORS: THORNE CURTIS
REGION CODE ADDRESS : 100 WEST HILLWOOD DRIVE
01 CITY : NASHVILLE
STATE/ZIP : TN 37205
MORTGAGE AMOUNT : 406,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,919.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,599.67 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031907702 MORTGAGORS: SMITH GEOFFREY
SMITH NATALIA
REGION CODE ADDRESS : 5560 SE MILES GRANT ROAD
01 CITY : STUART
STATE/ZIP : FL 34997
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,126.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,762.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 60.60600
----------------------------------------------------------------------------
0 0031907710 MORTGAGORS: SULLIVAN RODNEY
SULLIVAN LORRAINE
REGION CODE ADDRESS : 2650 SW 137 TERRACE
01 CITY : DAVIE
STATE/ZIP : FL 33330
MORTGAGE AMOUNT : 257,135.65 OPTION TO CONVERT :
UNPAID BALANCE : 256,437.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,811.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/26
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 93.16500
----------------------------------------------------------------------------
0 0031907728 MORTGAGORS: CHOW DEXTER
LUM BETTINA
REGION CODE ADDRESS : 2436 HERITAGE WAY
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 410,770.00 OPTION TO CONVERT :
UNPAID BALANCE : 410,398.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,596.35 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------------------
0 0031907934 MORTGAGORS: FOLTZ ROBERT
FOLTZ SUSAN
REGION CODE ADDRESS : 34340 ZIRCON TERRACE
01 CITY : FREMONT
STATE/ZIP : CA 94555
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,758.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,962.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.68300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,768,905.65
P & I AMT: 11,732.86 UPB AMT: 1,737,640.54
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 253
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031907983 MORTGAGORS: WARD BRADFORD
WARD LAUREL
REGION CODE ADDRESS : 8509 CHASE GLEN CIRCLE
01 CITY : FAIRFAX STATION
STATE/ZIP : VA 22039
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.09600
----------------------------------------------------------------------------
0 0031908395 MORTGAGORS: ROBINSON ROCKY
REGION CODE ADDRESS : 2072 NORTH CROSS
01 CITY : SHREVEPORT
STATE/ZIP : LA 71107
MORTGAGE AMOUNT : 241,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,311.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,647.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0031908403 MORTGAGORS: RAY RICHARD
RAY TARA
REGION CODE ADDRESS : 12100 GRANDVIEW TERRACE
01 CITY : APPLE VALLEY
STATE/ZIP : MN 55124
MORTGAGE AMOUNT : 583,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 582,745.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,978.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031908551 MORTGAGORS: DUNGEE JAMES
DUNGEE DEBORAH
REGION CODE ADDRESS : 16 RED HILL COURT
01 CITY : MT LAUREL
STATE/ZIP : NJ 08054
MORTGAGE AMOUNT : 251,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,028.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,608.78 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 94.99500
----------------------------------------------------------------------------
0 0031908619 MORTGAGORS: O'NEILL WILLARD
O'NEILL ANN
REGION CODE ADDRESS : 7792 KNOLLBROOK DRIVE
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 69.87900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,645,950.00
P & I AMT: 11,247.49 UPB AMT: 1,645,084.98
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 254
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031908643 MORTGAGORS: BACHUR RICHARD
REGION CODE ADDRESS : 33 FREEDOM DRIVE
01 CITY : NO READING
STATE/ZIP : MA 01864
MORTGAGE AMOUNT : 364,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,236.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,579.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031908726 MORTGAGORS: ALLEN RANDALL
ALLEN MARY
REGION CODE ADDRESS : 2753 MABREY ROAD
01 CITY : ATLANTA
STATE/ZIP : GA 30319
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,326.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.96500
----------------------------------------------------------------------------
0 0031908932 MORTGAGORS: MALLDER MARK
MALLDER LISA
REGION CODE ADDRESS : 1526 HEREDIA DRIVE
01 CITY : ROSEVILLE
STATE/ZIP : CA 95747
MORTGAGE AMOUNT : 326,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,254.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99000
----------------------------------------------------------------------------
0 0031909427 MORTGAGORS: WALKER JAMES
FILER ANNE
REGION CODE ADDRESS : 134 SHERIDAN ROAD
01 CITY : OAKLAND
STATE/ZIP : CA 94618
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,592.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031909781 MORTGAGORS: SALUS RICHARD
SALUS LIA
REGION CODE ADDRESS : 25166 FAIRGREEN
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,985.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,854,900.00
P & I AMT: 12,738.83 UPB AMT: 1,854,636.18
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 255
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031909872 MORTGAGORS: VILLALOVOS TERRENCE
VILLALOVOS CHRISTINA
REGION CODE ADDRESS : 2848 OPAL COURT
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93063
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,937.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031910011 MORTGAGORS: HOTTA DENIS
HOTTA SUSAN
REGION CODE ADDRESS : 24452 WINLOCK DRIVE
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 259,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,790.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031910045 MORTGAGORS: MELCHOR R.
MELCHOR JACQUELINE
REGION CODE ADDRESS : 2337 HAVERSHAM CLOSE
01 CITY : VIRGINIA BEACH
STATE/ZIP : VA 23454
MORTGAGE AMOUNT : 574,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 574,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,770.78 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 72.65800
----------------------------------------------------------------------------
0 0031910318 MORTGAGORS: CHESTNUT DENNIS
CHESTNUT LINDA
REGION CODE ADDRESS : 12891 ISOCOMA STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92129
MORTGAGE AMOUNT : 253,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,650.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031910383 MORTGAGORS: KAUDERS A.
KAUDERS VIRGINIA
REGION CODE ADDRESS : 6 LOWER TUCKAHOE ROAD EAST
01 CITY : RICHMOND
STATE/ZIP : VA 23233
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,818.48 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,654,850.00
P & I AMT: 11,068.77 UPB AMT: 1,654,850.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 256
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031910433 MORTGAGORS: GRAY DEAN
GRAY WANDA
REGION CODE ADDRESS : 821 STARCREST STREET
01 CITY : BREA
STATE/ZIP : CA 92821
MORTGAGE AMOUNT : 261,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,070.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,894.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031910490 MORTGAGORS: PUTHOFF KRISTOPHER
PUTHOFF TAMMY
REGION CODE ADDRESS : 1075 EASY STREET
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 257,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 66.75300
----------------------------------------------------------------------------
0 0031910532 MORTGAGORS: KING BLAIR
ADAMS NANCY
REGION CODE ADDRESS : 420 ST JOSEPH AVENUE
01 CITY : HALF MOON BAY
STATE/ZIP : CA 94019
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,655.46 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------------------
0 0031910557 MORTGAGORS: DUTRA NORBERTO
DUTRA MARIA
REGION CODE ADDRESS : 1660 CATALINA BOULEVARD
01 CITY : SAN DIEGO
STATE/ZIP : CA 92107
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,719.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 61.16500
----------------------------------------------------------------------------
0 0031910565 MORTGAGORS: NORTH MICHAEL
COOK-NORTH LAURA
REGION CODE ADDRESS : 2828 NORTH DANBURY STREET
01 CITY : ORANGE
STATE/ZIP : CA 92867
MORTGAGE AMOUNT : 337,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,216.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,217.13 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,359,750.00
P & I AMT: 9,304.94 UPB AMT: 1,359,286.67
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 257
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031910599 MORTGAGORS: HIGGINS PAUL
HIGGINS LISA
REGION CODE ADDRESS : 24 UNION HILL ROAD
01 CITY : DENVILLE
STATE/ZIP : NJ 07834
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,913.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.88800
----------------------------------------------------------------------------
0 0031910649 MORTGAGORS: SHIMOMURA DANIEL
SHIMOMURA JUDITH
REGION CODE ADDRESS : 830 IKENA CIRCLE
01 CITY : HONOLULU
STATE/ZIP : HI 96821
MORTGAGE AMOUNT : 607,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 607,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,936.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 71.41100
----------------------------------------------------------------------------
0 0031910847 MORTGAGORS: ZAZULA GREGORY
GIACALONE LENORE
REGION CODE ADDRESS : 656 BLUE HILL AVENUE
01 CITY : MILTON
STATE/ZIP : MA 02186
MORTGAGE AMOUNT : 492,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 491,316.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,245.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.25000 MATURITY DATE : 12/01/23
CURRENT INT RATE: 6.25000 PRODUCT CODE : 002
LTV : 46.85700
----------------------------------------------------------------------------
0 0031910888 MORTGAGORS: MILLIARD ROBERT
PARE SUSAN
REGION CODE ADDRESS : 88 ROCKY BROOK ROAD
01 CITY : NORTH ANDOVER
STATE/ZIP : MA 01845
MORTGAGE AMOUNT : 353,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,310.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,352.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031911043 MORTGAGORS: WINEBERG BARBARA
REGION CODE ADDRESS : 1 HIGHLAND ROAD
01 CITY : PRINCETON
STATE/ZIP : NJ 08540
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,181.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,048,600.00
P & I AMT: 13,629.98 UPB AMT: 2,047,627.09
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 258
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031911100 MORTGAGORS: DELANEY WILLIAM
DELANEY GAIL
REGION CODE ADDRESS : 125 PARK STREET, UNIT #5
01 CITY : BROOKLINE
STATE/ZIP : MA 02146
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,796.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,851.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031911118 MORTGAGORS: NISEN ALAN
NISEN CATHY
REGION CODE ADDRESS : 3208 RONINO WAY
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 398,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,189.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,718.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 56.92800
----------------------------------------------------------------------------
0 0031911126 MORTGAGORS: KILZER DAVID
KILZER BONNIE
REGION CODE ADDRESS : 3861 SHEFFIELD CIRCLE
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,619.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.29400
----------------------------------------------------------------------------
0 0031911142 MORTGAGORS: BLUM EDWARD
MUSTONE MARY
REGION CODE ADDRESS : 24 DAWES ROAD
01 CITY : LEXINGTON
STATE/ZIP : MA 02173
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031911191 MORTGAGORS: NICOLAS ROBERT
NICOLAS EARLENE
REGION CODE ADDRESS : 22 FOREST DRIVE
01 CITY : NAPA
STATE/ZIP : CA 94558
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,809.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,726.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.75700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,624,500.00
P & I AMT: 11,071.31 UPB AMT: 1,623,794.98
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 259
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031911217 MORTGAGORS: BERND NORMAN
BERND KELLIE
REGION CODE ADDRESS : 2791 TUCKER LANE
01 CITY : LOS ALAMITOS (AREA)
STATE/ZIP : CA 90720
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,310.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031911274 MORTGAGORS: CHANG BUM
CHANG YOO
REGION CODE ADDRESS : 10 WHIMBLE COURT
01 CITY : WAYNE
STATE/ZIP : NJ 07470
MORTGAGE AMOUNT : 247,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,306.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,688.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031911282 MORTGAGORS: FORTINO GREGG
FORTINO JOYCE
REGION CODE ADDRESS : 160 WINDING WAY
01 CITY : HADDONFIELD
STATE/ZIP : NJ 08033
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,689.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,430.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.07500
----------------------------------------------------------------------------
0 0031911308 MORTGAGORS: HORTON ROBERT
HORTON BONNIE
REGION CODE ADDRESS : 5077 HOOD DRIVE
01 CITY : WOODLAND HILLS
STATE/ZIP : CA 91364
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,721.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,262.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.68600
----------------------------------------------------------------------------
0 0031911316 MORTGAGORS: BATTAGLIA MATTEO
REGION CODE ADDRESS : 6431 DREXEL AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90048
MORTGAGE AMOUNT : 407,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 407,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,709.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,664,700.00
P & I AMT: 11,162.21 UPB AMT: 1,663,228.31
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 260
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031911373 MORTGAGORS: PARAYAO REMIGIO
PACETE VIVIEN
REGION CODE ADDRESS : 244 S FIRENZA WAY
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 278,563.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,289.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,829.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 94.99974
----------------------------------------------------------------------------
0 0031911381 MORTGAGORS: LAMBOURNE BLAKE
REGION CODE ADDRESS : 9486 SWAN LAKE DRIVE
01 CITY : GRANITE BAY
STATE/ZIP : CA 95746
MORTGAGE AMOUNT : 265,508.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,284.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,744.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.09000
----------------------------------------------------------------------------
0 0031911399 MORTGAGORS: MUTH JAMES
MUTH CHRISTINA
REGION CODE ADDRESS : 3133 SAINT CHARLES PLACE
01 CITY : ELLICOTT CITY
STATE/ZIP : MD 21042
MORTGAGE AMOUNT : 252,660.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,472.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,766.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031911415 MORTGAGORS: MC CANN BRIAN
MC CANN NANCY
REGION CODE ADDRESS : 240 HILLENDALE DRIVE
01 CITY : DOYLESTOWN
STATE/ZIP : PA 18901
MORTGAGE AMOUNT : 273,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,764.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,770.68 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.82400
----------------------------------------------------------------------------
0 0031911597 MORTGAGORS: HOROWITZ GARY
HOROWITZ KAREN
REGION CODE ADDRESS : 1503 KEEGAN
01 CITY : COLUMBIA
STATE/ZIP : MO 65203
MORTGAGE AMOUNT : 424,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,785.38 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,493,731.00
P & I AMT: 9,896.87 UPB AMT: 1,491,811.86
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 261
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031911779 MORTGAGORS: WILKINS MARY
REGION CODE ADDRESS : 6666 CHARING CROSS ROAD
01 CITY : OAKLAND
STATE/ZIP : CA 94618
MORTGAGE AMOUNT : 338,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,223.05 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031911829 MORTGAGORS: GAUCH MARK
GAUCH PAMELA
REGION CODE ADDRESS : 156 DAISYFIELD DRIVE
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 264,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,806.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031911878 MORTGAGORS: KENDALL ROBERT
KENDALL LOIS
REGION CODE ADDRESS : 44448 MARTINGALE COURT
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 499,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,580.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0031912173 MORTGAGORS: NAKATSUKASA ROY
NAKATSUKASA SUSAN
REGION CODE ADDRESS : 45 WASHINGTON
01 CITY : IRVINE
STATE/ZIP : CA 92606
MORTGAGE AMOUNT : 256,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,618.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,682.07 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.98800
----------------------------------------------------------------------------
0 0031912330 MORTGAGORS: HELLIWELL THOMAS
BUSENBERG BERNADETTE
REGION CODE ADDRESS : 4133 VIA PADOVA
01 CITY : CLAREMONT
STATE/ZIP : CA 91711
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,700.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,257.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,707,050.00
P & I AMT: 11,549.28 UPB AMT: 1,706,318.91
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 262
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031912363 MORTGAGORS: ATKINSON DAVID
ATKINSON ARLENE
REGION CODE ADDRESS : 24652 AQUILLA DRIVE
01 CITY : DANA POINT
STATE/ZIP : CA 92629
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,614.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,948.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031912629 MORTGAGORS: HOMAYOUNFAR BIJAN
HOMAYOUNFAR FIROOZ
REGION CODE ADDRESS : 1644 ALAMEDA DE LAS PULGAS
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94061
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,734.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.90 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031912769 MORTGAGORS: SCHOEMAKER KATHLEEN
REGION CODE ADDRESS : 4371 PROVINCE LINE ROAD
01 CITY : PRINCETON
STATE/ZIP : NJ 08540
MORTGAGE AMOUNT : 526,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 526,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,411.63 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 72.55100
----------------------------------------------------------------------------
0 0031912785 MORTGAGORS: HIPP JOSEPH
HIPP CANDACE
REGION CODE ADDRESS : 25101 MAMMOTH CIRCLE
01 CITY : LAKE FOREST
STATE/ZIP : CA 92630
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,805.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031912868 MORTGAGORS: TOMINAGA LAYTHON
TOMINAGA CATHERINE
REGION CODE ADDRESS : 25721 BARNETT LANE
01 CITY : STEVENSON RANCH
STATE/ZIP : CA 91381
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,634,000.00
P & I AMT: 10,982.24 UPB AMT: 1,633,349.34
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 263
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031912876 MORTGAGORS: EMERSON ROBERT
EMERSON PATRICIA
REGION CODE ADDRESS : 62 ROBERT ROAD
01 CITY : STOW
STATE/ZIP : MA 01775
MORTGAGE AMOUNT : 281,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,922.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 84.37100
----------------------------------------------------------------------------
0 0031913288 MORTGAGORS: KORDASH JOHN
KORDASH JUDITH
REGION CODE ADDRESS : 2 KNOLLWOOD DRIVE
01 CITY : DOVER
STATE/ZIP : MA 02030
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,052.98 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/19
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 49.09000
----------------------------------------------------------------------------
0 0031913312 MORTGAGORS: BRILLIANT PHILIP
BRILLIANT HARRIET
REGION CODE ADDRESS : 6900 CASTLE PEAK DRIVE
01 CITY : WEST HILLS AREA
STATE/ZIP : CA 91307
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,262.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031913320 MORTGAGORS: HOOS JOHN
HOOS BONNIE
REGION CODE ADDRESS : 6388 NORTH DESERT WIND CIRCLE
01 CITY : TUCSON
STATE/ZIP : AZ 85750
MORTGAGE AMOUNT : 303,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,650.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.47700
----------------------------------------------------------------------------
0 0031913338 MORTGAGORS: ASHTON RANDY
ASHTON MARISSA
REGION CODE ADDRESS : 6222 PAINTER AVENUE
01 CITY : WHITTIER
STATE/ZIP : CA 90601
MORTGAGE AMOUNT : 384,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,992.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,589.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,579,750.00
P & I AMT: 10,923.73 UPB AMT: 1,579,442.67
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 264
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031913353 MORTGAGORS: HO SOK
HO JEUNG
REGION CODE ADDRESS : 25 ROSSMOOR DRIVE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94132
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,680.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 57.14200
----------------------------------------------------------------------------
0 0031913387 MORTGAGORS: WOLF THOMAS
WOLF MONIQUE
REGION CODE ADDRESS : 19372 WORCHESTER LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,763.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,916.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031913486 MORTGAGORS: WILSON BRADLEY
WILSON PATRICIA
REGION CODE ADDRESS : 63 PARAISO COURT
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 311,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,232.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 77.90000
----------------------------------------------------------------------------
0 0031913494 MORTGAGORS: FAAL HOOSHANG
FAAL FARIDA
REGION CODE ADDRESS : 23927 STAGG STREET
01 CITY : CANOGA PARK AREA
STATE/ZIP : CA 91304
MORTGAGE AMOUNT : 300,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,027.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------------------
0 0031913528 MORTGAGORS: NGUYEN THOMAS
NGUYEN TRANG
REGION CODE ADDRESS : 668 E. DUNDEE COURT
01 CITY : BREA
STATE/ZIP : CA 92821
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 420,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,794.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,720,500.00
P & I AMT: 11,664.79 UPB AMT: 1,719,944.04
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 265
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031913601 MORTGAGORS: HIRSCH STEPHEN
HIRSCH KIMBERLY
REGION CODE ADDRESS : 10629 MARBURY ROAD
01 CITY : OAKTON
STATE/ZIP : VA 22124
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,775.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,822.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031913635 MORTGAGORS: GOLDEY CHARLES
YWUC LAURIE-ANN
REGION CODE ADDRESS : 96 SPOFFORD STREET
01 CITY : GEORGETOWN
STATE/ZIP : MA 01833
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031913759 MORTGAGORS: SENOUR LESLIE
REGION CODE ADDRESS : 1830 RHODES STREET
01 CITY : HERMOSA BEACH
STATE/ZIP : CA 90254
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,761.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,087.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.46100
----------------------------------------------------------------------------
0 0031913767 MORTGAGORS: GROB GAYLE
GROB ROBERT
REGION CODE ADDRESS : 12628 OTSEGO STREET
01 CITY : (NORTH HOLLYWOOD AREA),LO
STATE/ZIP : CA 91607
MORTGAGE AMOUNT : 400,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,795.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,763.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.68300
----------------------------------------------------------------------------
0 0031913775 MORTGAGORS: ROUSSIN STEVEN
ROUSSIN KATHLEEN
REGION CODE ADDRESS : 963 WEST EL ROBLAR DRIVE
01 CITY : OJAI
STATE/ZIP : CA 93023
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,688.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,936.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.24500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,670,100.00
P & I AMT: 11,361.71 UPB AMT: 1,669,020.53
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 266
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031913783 MORTGAGORS: BRODSKY SCOTT
BRODSKY MARIE
REGION CODE ADDRESS : 19676 HIGHRIDGE WAY
01 CITY : TRABULO CANYON AREA
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 283,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,089.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,980.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 65.12600
----------------------------------------------------------------------------
0 0031913825 MORTGAGORS: JOHNSON JEFF
JOHNSON SUSAN
REGION CODE ADDRESS : 2565 COUNTRY CLUB DRIVE
01 CITY : GLENDORA
STATE/ZIP : CA 09174
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,794.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,864.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 60.06600
----------------------------------------------------------------------------
0 0031913916 MORTGAGORS: VON SCHIMMELMANN RONALD
REGION CODE ADDRESS : 3785 CAZADOR STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90065
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,826.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 89.78102
----------------------------------------------------------------------------
0 0031913924 MORTGAGORS: NELSON JAMES
NELSON DOROTHY
REGION CODE ADDRESS : 725 ARDEN ROAD
01 CITY : PASADENA
STATE/ZIP : CA 91106
MORTGAGE AMOUNT : 495,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 494,613.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,376.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 52.10526
----------------------------------------------------------------------------
0 0031914005 MORTGAGORS: CASTNER EDWARD
LEBRUN-CASTNER NANCY
REGION CODE ADDRESS : 3811 LEGATION STREET NW
01 CITY : WASHINGTON
STATE/ZIP : DC 20015
MORTGAGE AMOUNT : 283,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,936.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.99400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,578,200.00
P & I AMT: 10,921.57 UPB AMT: 1,577,224.51
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 267
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031914229 MORTGAGORS: HYSELL WILLIAM
HYSELL KIM
REGION CODE ADDRESS : 2508 SAINT GEORGE WAY
01 CITY : BROOKEVILLE
STATE/ZIP : MD 20833
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,776.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,879.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.97700
----------------------------------------------------------------------------
0 0031914294 MORTGAGORS: HIGBEE GREGORY
HIGBEE MARYANNE
REGION CODE ADDRESS : 17 KASHMIR DRIVE
01 CITY : THORNCROFT
STATE/ZIP : PA 19373
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,081.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 68.46400
----------------------------------------------------------------------------
0 0031914385 MORTGAGORS: FALLON SUZANNE
FALLON LAWRENCE
REGION CODE ADDRESS : 103 CHESTER AVENUE
01 CITY : FAIRFAX
STATE/ZIP : CA 94930
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,831.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.85700
----------------------------------------------------------------------------
0 0031914492 MORTGAGORS: SMITH SCOTT
SMITH DEBORAH
REGION CODE ADDRESS : 1801 MARINERS DRIVE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.73170
----------------------------------------------------------------------------
0 0031914591 MORTGAGORS: KOHOMBAN JEREMY
KOHOMBAN ELISABETH
REGION CODE ADDRESS : 363 W DOVER ROAD
01 CITY : PAWLING
STATE/ZIP : NY 12564
MORTGAGE AMOUNT : 259,540.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,540.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,770.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,415,540.00
P & I AMT: 9,541.49 UPB AMT: 1,415,316.88
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 268
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031914633 MORTGAGORS: SHYP THOMAS
SHYP LITA
REGION CODE ADDRESS : 5 GREENSPRING
01 CITY : DOVE CANYON (AREA)
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,128.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031914757 MORTGAGORS: LEWIS HAROLD
GO ROSALIND
REGION CODE ADDRESS : 2418 16TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94116
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 372,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,381.96 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 73.66300
----------------------------------------------------------------------------
0 0031914849 MORTGAGORS: SAKIHARA JEFFREY
SAKIHARA LAUREL
REGION CODE ADDRESS : 3493 CORTE CURVA
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 387,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 387,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,677.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99200
----------------------------------------------------------------------------
0 0031914872 MORTGAGORS: ADAMS CHARLES
ADAMS KRISTY
REGION CODE ADDRESS : 1663 STRANDWAY COURT
01 CITY : WESTLAKE VILLAGE
STATE/ZIP : CA 91361
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,194.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 72.94100
----------------------------------------------------------------------------
0 0031914930 MORTGAGORS: VAUGHN PAUL
VAUGHN CELESTE
REGION CODE ADDRESS : 416 EAST COURT STREET
01 CITY : DOYLESTOWN
STATE/ZIP : PA 18901
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,691.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,637,600.00
P & I AMT: 11,073.95 UPB AMT: 1,637,600.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 269
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031914997 MORTGAGORS: HUTCHISON DANA
HUTCHISON RORY
REGION CODE ADDRESS : 700 CORONADO AVENUE
01 CITY : CORONADO
STATE/ZIP : CA 92118
MORTGAGE AMOUNT : 337,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,302.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 61.36300
----------------------------------------------------------------------------
0 0031915028 MORTGAGORS: ENGLE GRANT
HUFLER TIMOTHY
REGION CODE ADDRESS : 9641 DUKE DRIVE
01 CITY : WESTMINSTER
STATE/ZIP : CA 92683
MORTGAGE AMOUNT : 280,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,911.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031915085 MORTGAGORS: LEDESMA GILBERT
LEDESMA TORI
REGION CODE ADDRESS : 6808 PLEASANT RUN
01 CITY : COLLEYVILLE
STATE/ZIP : TX 76034
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,492.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,434.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.66600
----------------------------------------------------------------------------
0 0031915093 MORTGAGORS: NAGAHAMA GUY
SCAMPERLE ELIZABETH
REGION CODE ADDRESS : 40 JOY STREET, UNIT 14
01 CITY : BOSTON
STATE/ZIP : MA 02114
MORTGAGE AMOUNT : 326,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,196.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.61904
----------------------------------------------------------------------------
0 0031915119 MORTGAGORS: LAPUZ ALFREDO
LAPUZ CECILIA
REGION CODE ADDRESS : 200 LIVERPOOL STREET
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 420,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,794.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,013,750.00
P & I AMT: 13,638.89 UPB AMT: 2,013,242.93
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 270
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031915259 MORTGAGORS: MOORE TERRENCE
MOORE MICHELLE
REGION CODE ADDRESS : 408 AMARAL CIRCLE
01 CITY : PLEASANTON,
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,811.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.94100
----------------------------------------------------------------------------
0 0031915564 MORTGAGORS: STAUDER WILFRED
STAUDER SUSAN
REGION CODE ADDRESS : 305 WEST UTICA AVENUE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,747.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031915945 MORTGAGORS: MAGNUSON DONALD
MAGNUSON DEBRA
REGION CODE ADDRESS : 23980 NICOLE WAY
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,814.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031916091 MORTGAGORS: RANEY JEROME
RANEY LAURA
REGION CODE ADDRESS : 332 HARTFORD ROAD
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,266.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,756.55 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 68.54800
----------------------------------------------------------------------------
0 0031916109 MORTGAGORS: ANDERSON MARY
HARRIS JEFFERY
REGION CODE ADDRESS : 12983 STOCKHOLM WAY
01 CITY : TRUCKEE
STATE/ZIP : CA 96161
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,796.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,851.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,511,000.00
P & I AMT: 10,248.92 UPB AMT: 1,509,435.61
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 271
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031916166 MORTGAGORS: CUSICK JAMES
CUSICK JUNKO
REGION CODE ADDRESS : 21 GARDEN AVENUE
01 CITY : CHATHAM
STATE/ZIP : NJ 07928
MORTGAGE AMOUNT : 288,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,044.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031916182 MORTGAGORS: SARETSKY GARY
REGION CODE ADDRESS : 21816 MICHIGAN LANE
01 CITY : LAKE FOREST
STATE/ZIP : CA 92630
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,500.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,022.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031916224 MORTGAGORS: INGLE JAMES
INGLE ROSE
REGION CODE ADDRESS : 2748 BURLINGAME WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95121
MORTGAGE AMOUNT : 265,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,573.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,905.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 94.99910
----------------------------------------------------------------------------
0 0031916232 MORTGAGORS: STEINER PAUL
STEINER TAMMY
REGION CODE ADDRESS : 9 WILDFLOWER COURT
01 CITY : CORTE MADERA
STATE/ZIP : CA 94925
MORTGAGE AMOUNT : 421,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 420,324.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,836.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.93300
----------------------------------------------------------------------------
0 0031916257 MORTGAGORS: ZIMMERMAN RICHARD
ZIMMERMAN DANICA
REGION CODE ADDRESS : 4858 TOPEKA DRIVE
01 CITY : TARZANA AREA
STATE/ZIP : CA 91356
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,724.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,689.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,659,850.00
P & I AMT: 11,498.61 UPB AMT: 1,658,023.18
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 272
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031916794 MORTGAGORS: FAGAN MARK
MCCARROLL DEBORAH
REGION CODE ADDRESS : 1978 COASTLAND AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 274,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,874.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031916869 MORTGAGORS: GUTHRIDGE RANDY
GUTHRIDGE JUDY
REGION CODE ADDRESS : 6014 E OLD WEST WAY
01 CITY : CAVE CREEK
STATE/ZIP : AZ 85331
MORTGAGE AMOUNT : 251,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,691.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.98800
----------------------------------------------------------------------------
0 0031916885 MORTGAGORS: BRITTS CHRISTI
REGION CODE ADDRESS : 7223 W. WILLOW AVENUE
01 CITY : PEORIA
STATE/ZIP : AZ 85381
MORTGAGE AMOUNT : 254,519.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,519.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,757.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.99900
----------------------------------------------------------------------------
0 0031916919 MORTGAGORS: CORNELIUS PETER
BEDNAR DONNA
REGION CODE ADDRESS : 45-1 FLAT ROCK HILL ROAD
01 CITY : OLD LYME
STATE/ZIP : CT 06371
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,686.35 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 73.65400
----------------------------------------------------------------------------
0 0031916976 MORTGAGORS: SCHAFER ROBERT
SCHAFER NANCY
REGION CODE ADDRESS : 1888 KRPAN DRIVE
01 CITY : ROSEVILLE
STATE/ZIP : CA 95747
MORTGAGE AMOUNT : 309,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,526.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,983.68 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.99700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,350,119.00
P & I AMT: 8,993.58 UPB AMT: 1,349,845.68
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 273
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031916984 MORTGAGORS: ESQUER ANTHONY
ESQUER LORRAINE
REGION CODE ADDRESS : 1706 VISTA DEL NORTE
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 299,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,065.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 82.36900
----------------------------------------------------------------------------
0 0031917040 MORTGAGORS: SCHEDIWY RICHARD
STRAUSS LAURA
REGION CODE ADDRESS : 4288 COUNCIL TRAIL
01 CITY : COPPEROPOLIS
STATE/ZIP : CA 95228
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,832.83 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.94200
----------------------------------------------------------------------------
0 0031917313 MORTGAGORS: GAMBOA NANCY
REGION CODE ADDRESS : 91-1019 MAULIHIWA STREET
01 CITY : KAPOLEI
STATE/ZIP : HI 96707
MORTGAGE AMOUNT : 244,620.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,620.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,546.16 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 89.96690
----------------------------------------------------------------------------
0 0031917354 MORTGAGORS: BOGGIO RAUL
BOGGIO DORA
REGION CODE ADDRESS : 1307 WEST MORRISON AVENUE
01 CITY : TAMPA
STATE/ZIP : FL 33606
MORTGAGE AMOUNT : 330,292.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,664.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,398.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 05/01/23
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.07300
----------------------------------------------------------------------------
0 0031917388 MORTGAGORS: CARR SHERMAN
CARR MARY
REGION CODE ADDRESS : 2880 N. E. 27TH STREET
01 CITY : FORT LAUDERDALE
STATE/ZIP : FL 33306
MORTGAGE AMOUNT : 283,084.02 OPTION TO CONVERT :
UNPAID BALANCE : 281,661.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,033.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 05/01/23
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 53.92000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,435,996.02
P & I AMT: 9,876.31 UPB AMT: 1,432,945.60
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 274
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031917446 MORTGAGORS: STANDIFORD JAY
STANDIFORD LINDA
REGION CODE ADDRESS : 28362 VIA PASITO
01 CITY : SAN JUAN CAPISTRANO
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 586,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 586,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,947.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.25000
----------------------------------------------------------------------------
0 0031917479 MORTGAGORS: ZAND NELSON
ZAND CAROL
REGION CODE ADDRESS : 13420 CHALON ROAD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90049
MORTGAGE AMOUNT : 607,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 607,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,886.69 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 65.26800
----------------------------------------------------------------------------
0 0031917495 MORTGAGORS: RUDRABHATLA PADMAJA
MALLADI SRINIVAS
REGION CODE ADDRESS : 12798 THACKER HILL COURT
01 CITY : HERNDON
STATE/ZIP : VA 20171
MORTGAGE AMOUNT : 268,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,579.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,788.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031917511 MORTGAGORS: COOK THOMAS
REGION CODE ADDRESS : 9605 GAVINSTONE AVENUE
01 CITY : LAS VEGAS
STATE/ZIP : NV 89128
MORTGAGE AMOUNT : 289,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,880.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,996.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------------------
0 0031917537 MORTGAGORS: FOURNIER CHRISTOPHER
FOURNIER ESTELLA
REGION CODE ADDRESS : 16251 PARKSIDE DRIVE
01 CITY : PARKER
STATE/ZIP : CO 80134
MORTGAGE AMOUNT : 253,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,442.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,687.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,004,550.00
P & I AMT: 13,307.31 UPB AMT: 2,003,901.76
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 275
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031917578 MORTGAGORS: PACE BRIAN
PACE LISA
REGION CODE ADDRESS : 44 SWAN POND RD
01 CITY : NORTH READING
STATE/ZIP : MA 01864
MORTGAGE AMOUNT : 361,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 361,310.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,436.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031917594 MORTGAGORS: TERAGAWA MASAHIRO
REGION CODE ADDRESS : 121 VINE STREET #2601
01 CITY : SEATTLE
STATE/ZIP : WA 98121
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,181.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031917685 MORTGAGORS: GARDENER RICHARD
MORAN MARY JO
REGION CODE ADDRESS : 54 VIA LA BRISA
01 CITY : LARKSPUR
STATE/ZIP : CA 94939
MORTGAGE AMOUNT : 446,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 446,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,968.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031917792 MORTGAGORS: WATSON TIMOTHY
WATSON LISA
REGION CODE ADDRESS : 6600 SABINE DR
01 CITY : COLUMBIA
STATE/ZIP : MO 65203
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,346.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031917800 MORTGAGORS: RINK JOHN
RINK CONNIE
REGION CODE ADDRESS : 203 CENTER STREET
01 CITY : MT PLEASANT
STATE/ZIP : SC 29464
MORTGAGE AMOUNT : 346,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,334.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,810,300.00
P & I AMT: 12,267.43 UPB AMT: 1,810,010.83
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 276
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031917875 MORTGAGORS: CRACCHIOLO LARRY
CRACCHIOLO ROBIN
REGION CODE ADDRESS : 1475 RIEBLI ROAD
01 CITY : SANTA ROSA
STATE/ZIP : CA 95404
MORTGAGE AMOUNT : 303,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,042.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031917966 MORTGAGORS: HOLMES STEWART
REGION CODE ADDRESS : 16402 SOUTH 37TH WAY
01 CITY : PHOENIX
STATE/ZIP : AZ 85044
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,749.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031918063 MORTGAGORS: SYLVIA JOHN
REGION CODE ADDRESS : 1249 COLINA VISTA
01 CITY : VENTURA
STATE/ZIP : CA 93003
MORTGAGE AMOUNT : 405,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 405,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.14200
----------------------------------------------------------------------------
0 0031918071 MORTGAGORS: HALL STEVEN
HANKINS LELA
REGION CODE ADDRESS : 28426 NORTH CALEX DRIVE
01 CITY : VALENCIA AREA
STATE/ZIP : CA 91354
MORTGAGE AMOUNT : 256,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,749.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98727
----------------------------------------------------------------------------
0 0031918147 MORTGAGORS: DOMBROWSKI JAMES
DOMBROWSKI SHERRIE
REGION CODE ADDRESS : 3494 CORTE CURVA
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 345,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,418.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,567,000.00
P & I AMT: 10,654.66 UPB AMT: 1,567,000.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 277
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031918337 MORTGAGORS: AGUILAR ELOY
AGUILAR DAWN
REGION CODE ADDRESS : 824 NORTH TAMARACK DRIVE
01 CITY : FULLERTON
STATE/ZIP : CA 92832
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.87300
----------------------------------------------------------------------------
0 0031918436 MORTGAGORS: KOMATSU TERRY
KOMATSU ANNE
REGION CODE ADDRESS : 401 MORNINGSIDE CIRCLE
01 CITY : FULLERTON
STATE/ZIP : CA 92835
MORTGAGE AMOUNT : 307,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,748.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,042.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.75000
----------------------------------------------------------------------------
0 0031918444 MORTGAGORS: PETTY MIKE
SPENCER PATRICIA
REGION CODE ADDRESS : 841 EUCALYPTUS AVENUE
01 CITY : NOVATO
STATE/ZIP : CA 94947
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,088.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,728.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 67.76700
----------------------------------------------------------------------------
0 0031918808 MORTGAGORS: ROEPE EDWARD
ROEPE MARSHA
REGION CODE ADDRESS : 5268 MANHASET COURT
01 CITY : DUNWOODY
STATE/ZIP : GA 30338
MORTGAGE AMOUNT : 251,845.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,845.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,696.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031918964 MORTGAGORS: WILLIAMS DAVID
WILLIAMS NANCY
REGION CODE ADDRESS : 13576 OAK MESA DRIVE
01 CITY : YUCAIPA
STATE/ZIP : CA 92399
MORTGAGE AMOUNT : 246,905.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,702.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,642.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,342,250.00
P & I AMT: 9,020.07 UPB AMT: 1,341,384.50
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 278
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031919079 MORTGAGORS: HILAL SAMEER
MAIER MELISSA
REGION CODE ADDRESS : 3095 WINDMILL CANYON DRIVE
01 CITY : CLAYTON
STATE/ZIP : CA 94517
MORTGAGE AMOUNT : 290,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,179.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,005.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.98600
----------------------------------------------------------------------------
0 0031919111 MORTGAGORS: JENNISON CHRISTOPHER
JENNISON DENISE
REGION CODE ADDRESS : 223 MARIGOLD STREET
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 330,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,342.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,255.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.99200
----------------------------------------------------------------------------
0 0031919236 MORTGAGORS: CHAVARRIA VERNI
GONZALEZ-CHAVARRIA NILDA
REGION CODE ADDRESS : 21 PEOPLE LINE ROAD
01 CITY : SOMERSET
STATE/ZIP : NJ 08873
MORTGAGE AMOUNT : 327,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,168.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,345.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.65400
----------------------------------------------------------------------------
0 0031919277 MORTGAGORS: REID GAIL
REGION CODE ADDRESS : 4101 ELMER AVENUE
01 CITY : STUDIO CITY
STATE/ZIP : CA 91602
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031919327 MORTGAGORS: HOWARD RONALD
HOWARD LIZ
REGION CODE ADDRESS : 3385 CRAZY HORSE DRIVE
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93063
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,769.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.10100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,614,400.00
P & I AMT: 11,071.12 UPB AMT: 1,613,690.04
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 279
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031919517 MORTGAGORS: SOUSA BEATRIZ
SOUSA ANTONIO
REGION CODE ADDRESS : 15 CONCORD ROAD
01 CITY : STONEHAM
STATE/ZIP : MA 02180
MORTGAGE AMOUNT : 240,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,663.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 50.71500
----------------------------------------------------------------------------
0 0031919574 MORTGAGORS: BEALL DAVID
PHAM TRANG
REGION CODE ADDRESS : 33 MARISOL
01 CITY : NEWPORT COAST AREA
STATE/ZIP : CA 92657
MORTGAGE AMOUNT : 512,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 512,650.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,410.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------------------
0 0031919590 MORTGAGORS: HARGAN KEITH
REGION CODE ADDRESS : 3545 CASSENA DRIVE
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94598
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,517.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,101.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.79200
----------------------------------------------------------------------------
0 0031919608 MORTGAGORS: DORE CRAIG
VALOROSE SHEILA
REGION CODE ADDRESS : 1071 SERRANO COURT
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 307,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,018.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031920010 MORTGAGORS: ALTOBELLI THOMAS
ALTOBELLI KATHLEEN
REGION CODE ADDRESS : 2116 GATES AVENUE #A
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90278
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,920.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.16400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,647,050.00
P & I AMT: 11,193.39 UPB AMT: 1,646,086.76
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 280
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031920127 MORTGAGORS: HUTCHINS HOWARD
HUTCHINS JENNIFER
REGION CODE ADDRESS : 75 COLBURN RD.
01 CITY : READING
STATE/ZIP : MA 01867
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,664.81 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 75.58100
----------------------------------------------------------------------------
0 0031920218 MORTGAGORS: BRENNER JASON
LEE SANDRA
REGION CODE ADDRESS : 21820 LOMITA AVE.
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,989.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031920226 MORTGAGORS: LANFRIED JEFFERY
LANFRIED LARA
REGION CODE ADDRESS : 352 E. 18TH STREET
01 CITY : COSTA MESA
STATE/ZIP : CA 92627
MORTGAGE AMOUNT : 247,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,667.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031920267 MORTGAGORS: BOGAERT RAYMOND
WYLAND-BOGAERT DAWN
REGION CODE ADDRESS : 7346 15TH AVE NE
01 CITY : SEATTLE
STATE/ZIP : WA 98115
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,060.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031920275 MORTGAGORS: TURMELL MARK
TURMELL FELECIA
REGION CODE ADDRESS : 4724 WELLINGTON DRIVE
01 CITY : LONG GROVE
STATE/ZIP : IL 60047
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 600,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,042.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 48.97900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,697,500.00
P & I AMT: 11,423.89 UPB AMT: 1,697,500.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 281
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031920317 MORTGAGORS: MOOSEN IRENE
WALLACE WAYNE
REGION CODE ADDRESS : 53 SANTA YNEZ AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94112
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,784.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,882.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031920390 MORTGAGORS: SANTORO MICHAEL
SANTORO SONIA
REGION CODE ADDRESS : 241 PIN OAK ROAD
01 CITY : FREEHOLD
STATE/ZIP : NJ 07728
MORTGAGE AMOUNT : 339,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,285.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.88200
----------------------------------------------------------------------------
0 0031920416 MORTGAGORS: WYLER GRANT
WYLER JANINE
REGION CODE ADDRESS : 460 HIGGINS STREET
01 CITY : FOLSOM
STATE/ZIP : CA 95630
MORTGAGE AMOUNT : 265,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,550.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,811.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.98700
----------------------------------------------------------------------------
0 0031920424 MORTGAGORS: LAZAR WALKER
LAZAR KYOKO
REGION CODE ADDRESS : 6704 BUGLECALL PLACE
01 CITY : GAINESVILLE
STATE/ZIP : VA 20155
MORTGAGE AMOUNT : 273,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,889.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.98700
----------------------------------------------------------------------------
0 0031920606 MORTGAGORS: PURDON COLEEN
PURDON JAMES
REGION CODE ADDRESS : 169 HILLCREST ROAD
01 CITY : READINGTON TOWNSHIP
STATE/ZIP : NJ 08889
MORTGAGE AMOUNT : 345,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,382.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.31000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,499,350.00
P & I AMT: 10,252.11 UPB AMT: 1,499,134.69
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 282
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031920614 MORTGAGORS: ROEPKE ROBERT
ROEPKE COLAINE
REGION CODE ADDRESS : 1244 JACKLING DRIVE
01 CITY : BURLINGAME
STATE/ZIP : CA 94010
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,744.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 56.14000
----------------------------------------------------------------------------
0 0031920663 MORTGAGORS: KANAGLEKAR NIRANJAN
KANAGLEKAR SWATI
REGION CODE ADDRESS : 2780 BAYWATER PLACE
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91360
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,794.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,010.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 76.75600
----------------------------------------------------------------------------
0 0031920671 MORTGAGORS: JOHNSON NORMAN
JOHNSON DIANE
REGION CODE ADDRESS : 15272 KNOLLWOOD CIRCLE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92647
MORTGAGE AMOUNT : 301,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,765.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,053.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.21000
----------------------------------------------------------------------------
0 0031920697 MORTGAGORS: TOUMAYAN MICHAEL
TOUMAYAN PATRICIA
REGION CODE ADDRESS : 2109 VIA TECA
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92673
MORTGAGE AMOUNT : 323,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,871.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,314.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 77.85500
----------------------------------------------------------------------------
0 0031920770 MORTGAGORS: O'LEARY TIMOTHY
O'LEARY SEAN
REGION CODE ADDRESS : 285 HERSHNER COURT
01 CITY : LOS GATOS
STATE/ZIP : CA 95032
MORTGAGE AMOUNT : 255,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,699.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 58.73500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,483,600.00
P & I AMT: 10,233.98 UPB AMT: 1,482,675.68
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 283
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031920887 MORTGAGORS: CHRISTY GEORGE
CHRISTY NOBUKO
REGION CODE ADDRESS : 1635 SIERRA BONITA LANE
01 CITY : PASADENA
STATE/ZIP : CA 91106
MORTGAGE AMOUNT : 401,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,694.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,769.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.67300
----------------------------------------------------------------------------
0 0031920895 MORTGAGORS: LEE DAVID
LEE CATHERINE
REGION CODE ADDRESS : 1710 RUCKER AVENUE
01 CITY : EVERETT
STATE/ZIP : WA 98201
MORTGAGE AMOUNT : 248,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,653.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 64.12900
----------------------------------------------------------------------------
0 0031920911 MORTGAGORS: KELLY JAMES
KELLY CHRISTINE
REGION CODE ADDRESS : 13250 DERON AVENUE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92129
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.96400
----------------------------------------------------------------------------
0 0031921067 MORTGAGORS: VERSCH ROMAN
VERSCH EDIE
REGION CODE ADDRESS : 207 OAKLAND ROAD
01 CITY : GLENDORA
STATE/ZIP : CA 91741
MORTGAGE AMOUNT : 439,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,580.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,890.16 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99800
----------------------------------------------------------------------------
0 0031921075 MORTGAGORS: SNYDER SCOTT
REGION CODE ADDRESS : 3211N.39TH STREET
01 CITY : HOLLYWOOD
STATE/ZIP : FL 33021
MORTGAGE AMOUNT : 438,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 438,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,914.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,777,450.00
P & I AMT: 11,932.52 UPB AMT: 1,776,775.26
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 284
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031921083 MORTGAGORS: VAIL BROYLES PATRICIA
REGION CODE ADDRESS : 11245 CULVER COURT
01 CITY : EL CAJON
STATE/ZIP : CA 92020
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,774.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,760.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031921182 MORTGAGORS: JOHNSTON THOMAS
REGION CODE ADDRESS : 2445 STEAMBOAT SPRINGS COURT
01 CITY : CHULA VISTA
STATE/ZIP : CA 91915
MORTGAGE AMOUNT : 246,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,908.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,678.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.98100
----------------------------------------------------------------------------
0 0031921208 MORTGAGORS: SPANJOL ANTON
SPANJOL KIMBERLY
REGION CODE ADDRESS : 332 NORTH TROTWOOD AVENUE
01 CITY : SAN PEDRO
STATE/ZIP : CA 90732
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,717.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031921224 MORTGAGORS: TRITT JEFFREY
TRITT HOLLY
REGION CODE ADDRESS : 1827 PRESTON PLACE
01 CITY : NEWARK
STATE/ZIP : OH 43055
MORTGAGE AMOUNT : 246,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,933.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,702.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------------------
0 0031921240 MORTGAGORS: CREIGHTON CHARLES
CREIGHTON CAROL
REGION CODE ADDRESS : 927 ROCK SPRING ROAD
01 CITY : NAPERVILLE
STATE/ZIP : IL 60565
MORTGAGE AMOUNT : 310,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,768.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,118.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,326,100.00
P & I AMT: 8,978.07 UPB AMT: 1,324,385.63
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 285
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031921257 MORTGAGORS: KING STEVEN
KING MARSHAE
REGION CODE ADDRESS : 2494 SOM CENTER ROAD
01 CITY : PEPPER PIKE
STATE/ZIP : OH 44124
MORTGAGE AMOUNT : 416,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 415,380.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,908.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.95495
----------------------------------------------------------------------------
0 0031921273 MORTGAGORS: DEMMON MAYNARD
DEMMON AMY
REGION CODE ADDRESS : 6 HERCULES COURT
01 CITY : ALAMEDA
STATE/ZIP : CA 94501
MORTGAGE AMOUNT : 281,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,369.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,873.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.98400
----------------------------------------------------------------------------
0 0031921281 MORTGAGORS: PRICE ALAN
REGION CODE ADDRESS : 1314 TALON RIDGE
01 CITY : BELLBROOK
STATE/ZIP : OH 45305
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,115.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,989.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031921299 MORTGAGORS: HIBNER WILLIAM
HIBNER SANDRA
REGION CODE ADDRESS : 1700 CAWDOR COURT
01 CITY : VANDALIA
STATE/ZIP : OH 45377
MORTGAGE AMOUNT : 240,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,526.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,620.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.37200
----------------------------------------------------------------------------
0 0031921307 MORTGAGORS: DAIDONE LEON
DAIDONE CONNIE
REGION CODE ADDRESS : 7071 PETERS PIKE
01 CITY : DAYTON
STATE/ZIP : OH 45414
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,774.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 55.76200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,526,100.00
P & I AMT: 10,412.85 UPB AMT: 1,522,166.30
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 286
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031921315 MORTGAGORS: CHAGDES MICHAEL
CHAGDES ROSANNE
REGION CODE ADDRESS : 6N583 PALOMINO DRIVE
01 CITY : ST CHARLES
STATE/ZIP : IL 60175
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,593.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031921356 MORTGAGORS: TOVELL CRAIG
TOVELL CYNTHIA
REGION CODE ADDRESS : 1937 STANFORD RD
01 CITY : UPPER ARLINGTON
STATE/ZIP : OH 43212
MORTGAGE AMOUNT : 281,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,920.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,897.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031921364 MORTGAGORS: TENNISON WILLIAM
ACTON LINDA
REGION CODE ADDRESS : LOT 58 PHEASANT RUN
01 CITY : CANAL WINCHESTER
STATE/ZIP : OH 43110
MORTGAGE AMOUNT : 302,470.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,008.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,089.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.52100
----------------------------------------------------------------------------
0 0031921372 MORTGAGORS: CLARK TIMOTHY
CLARK CHRISTINE
REGION CODE ADDRESS : 710 HARMAN AVENUE
01 CITY : DAYTON
STATE/ZIP : OH 45419
MORTGAGE AMOUNT : 256,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,041.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,752.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.99200
----------------------------------------------------------------------------
0 0031921406 MORTGAGORS: POPE JAMES
POPE KELLI
REGION CODE ADDRESS : 5713 STONE LAKE DRIVE
01 CITY : CENTERVILLE
STATE/ZIP : OH 45429
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,093.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,964.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,388,920.00
P & I AMT: 9,476.79 UPB AMT: 1,385,656.14
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 287
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031921455 MORTGAGORS: HUNG KAN ASIA
REGION CODE ADDRESS : 2 HERCULES COURT
01 CITY : ALAMEDA
STATE/ZIP : CA 94501
MORTGAGE AMOUNT : 261,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,490.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,763.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.98600
----------------------------------------------------------------------------
0 0031921497 MORTGAGORS: WING LOW STEVEN
REGION CODE ADDRESS : 3 BOSSHARD COURT
01 CITY : ALAMEDA
STATE/ZIP : CA 94501
MORTGAGE AMOUNT : 257,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,978.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,668.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.97600
----------------------------------------------------------------------------
0 0031921505 MORTGAGORS: BUSE PAUL
BUSE BETH
REGION CODE ADDRESS : 2848 SIKES LANE
01 CITY : TWINSBURG
STATE/ZIP : OH 44087
MORTGAGE AMOUNT : 246,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,874.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,700.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.71100
----------------------------------------------------------------------------
0 0031921539 MORTGAGORS: LINGAFELTER WAYNE
LINGAFELTER DIANA
REGION CODE ADDRESS : SUBLOT #54 FOREST RIDGE
01 CITY : RICHFIELD VILLAGE
STATE/ZIP : OH 44286
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,002.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,507.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 63.06300
----------------------------------------------------------------------------
0 0031921547 MORTGAGORS: LOMAZ RICHARD
LOMAZ SUSAN
REGION CODE ADDRESS : 2614 FAIRWOOD DRIVE
01 CITY : PEPPER PIKE
STATE/ZIP : OH 44124
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,771.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,762.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.66900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,515,150.00
P & I AMT: 10,402.28 UPB AMT: 1,512,116.83
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 288
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031921562 MORTGAGORS: LANE MICHAEL
LANE BARBARA
REGION CODE ADDRESS : 808 PUEBLO COURT
01 CITY : NAPERVILLE
STATE/ZIP : IL 60565
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,597.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,371.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/18
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.17000
----------------------------------------------------------------------------
0 0031921604 MORTGAGORS: KNEZ BOJAN
KNEZ CAROL
REGION CODE ADDRESS : 25 GLENMORA DRIVE
01 CITY : CHARDON TWP.
STATE/ZIP : OH 44024
MORTGAGE AMOUNT : 299,240.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,771.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,041.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.98536
----------------------------------------------------------------------------
0 0031921612 MORTGAGORS: CALDWELL COLEMAN
CALDWELL BETH
REGION CODE ADDRESS : 7608 YENNICOOK WAY
01 CITY : HUDSON
STATE/ZIP : OH 44236
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,606.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,650.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 55.68100
----------------------------------------------------------------------------
0 0031921620 MORTGAGORS: BELL RICHARD
BELL DEBORAH
REGION CODE ADDRESS : 5154 E COUNTY ROAD 200 S.
01 CITY : DANVILLE
STATE/ZIP : IN 46122
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 366,869.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,541.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031921646 MORTGAGORS: SWAFFORD PRESTON
SWAFFORD SHARON
REGION CODE ADDRESS : 2604 EVERCREST COURT
01 CITY : NAPERVILLE
STATE/ZIP : IL 60564
MORTGAGE AMOUNT : 291,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,881.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,990.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.17000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,504,040.00
P & I AMT: 10,595.39 UPB AMT: 1,497,726.56
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 289
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031921653 MORTGAGORS: ZUNICA THOMAS
ZUNICA PATRICIA
REGION CODE ADDRESS : 11492 REGENCY LANE
01 CITY : CARMEL
STATE/ZIP : IN 46033
MORTGAGE AMOUNT : 240,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,047.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,661.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 84.98700
----------------------------------------------------------------------------
0 0031921661 MORTGAGORS: WILSON BRENDA
REGION CODE ADDRESS : 12304 COIT AVENUE
01 CITY : BRATENHAL
STATE/ZIP : OH 44108
MORTGAGE AMOUNT : 405,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,046.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,762.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031921687 MORTGAGORS: COTA DANNY
COTA JANICE
REGION CODE ADDRESS : 6629 SYLVAN RIDGE ROAD
01 CITY : INDIANAPOLIS
STATE/ZIP : IN 46220
MORTGAGE AMOUNT : 286,665.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,739.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,931.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 92.20400
----------------------------------------------------------------------------
0 0031921695 MORTGAGORS: BROSKO JOHN
BROSKO MARION
REGION CODE ADDRESS : 8625 PEPPERMILL RUN
01 CITY : CHAGRIN FALLS
STATE/ZIP : OH 44023
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,372.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.68400
----------------------------------------------------------------------------
0 0031921703 MORTGAGORS: CRAFT EDWARD
CRAFT PATRICIA
REGION CODE ADDRESS : 1570 WOODCREST COURT
01 CITY : AURORA
STATE/ZIP : IL 60504
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,275.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 57.14200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,512,265.00
P & I AMT: 10,334.88 UPB AMT: 1,508,482.27
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 290
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031921729 MORTGAGORS: SCHMIDT JOEL
REGION CODE ADDRESS : 31703 TRADEWINDS DRIVE
01 CITY : AVON LAKE
STATE/ZIP : OH 44012
MORTGAGE AMOUNT : 372,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,966.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,541.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------------------
0 0031921745 MORTGAGORS: CAMELI JOESPH
CAMELI LESLIE
REGION CODE ADDRESS : 251 MILL CREEK LANE
01 CITY : NAPERVILLE
STATE/ZIP : IL 60540
MORTGAGE AMOUNT : 264,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,368.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,802.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.79800
----------------------------------------------------------------------------
0 0031921752 MORTGAGORS: BENCHELL NEIL
BENCHELL JILL
REGION CODE ADDRESS : 815 NORTH ELMWOOD AVENUE
01 CITY : OAK PARK
STATE/ZIP : IL 60302
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,139.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031921778 MORTGAGORS: MUNSON ALAN
MUNSON TURNEY
REGION CODE ADDRESS : 1384 BRANDEN LANE
01 CITY : BARTLETT
STATE/ZIP : IL 60103
MORTGAGE AMOUNT : 245,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,132.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,672.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031921794 MORTGAGORS: DELLA MONICA ALPHONSE
DELLA MONICA JEAN
REGION CODE ADDRESS : 2091 MCKANE STREET
01 CITY : CALABASAS
STATE/ZIP : CA 91302
MORTGAGE AMOUNT : 403,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,571.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,785.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 53.06579
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,565,150.00
P & I AMT: 10,735.17 UPB AMT: 1,558,179.14
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 291
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031921828 MORTGAGORS: CHIN JAMES
HAYNES AUDREY
REGION CODE ADDRESS : 126 RIVERBOTTOM CIRCLE
01 CITY : ATHENS
STATE/ZIP : GA 30606
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031921851 MORTGAGORS: ANDALIB MEHRYAR
REGION CODE ADDRESS : 10574 ASHTON AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90024
MORTGAGE AMOUNT : 359,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,422.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 67.83000
----------------------------------------------------------------------------
0 0031921893 MORTGAGORS: HENSCHEL KIM
HENSCHEL TAMARA
REGION CODE ADDRESS : 368 FARALLONE AVENUE
01 CITY : MONTARA
STATE/ZIP : CA 94037
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 71.11100
----------------------------------------------------------------------------
0 0031921927 MORTGAGORS: NEVIN ABDULLAH
REGION CODE ADDRESS : 25506 FOGGY GLENN DRIVE
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94542
MORTGAGE AMOUNT : 243,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,131.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,622.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.83400
----------------------------------------------------------------------------
0 0031921984 MORTGAGORS: METRULAS THOMAS
METRULAS BARBARA
REGION CODE ADDRESS : 346 CUESTA REAL
01 CITY : LA HONDA
STATE/ZIP : CA 94020
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,319.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,543,400.00
P & I AMT: 10,302.45 UPB AMT: 1,542,631.70
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 292
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031922032 MORTGAGORS: SUMNER THOMAS
SUMNER STEPHANIE
REGION CODE ADDRESS : 6622 NORTHWEST 70TH PLACE
01 CITY : PARKLAND
STATE/ZIP : FL 33067
MORTGAGE AMOUNT : 265,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,974.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,811.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031922156 MORTGAGORS: DERLOSHON GERALD
DERLOSHON DEBORAH
REGION CODE ADDRESS : 24826 DANA POINT DRIVE
01 CITY : DANA POINT
STATE/ZIP : CA 92629
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031922198 MORTGAGORS: CARELL EDGAR
LEBO NADINE
REGION CODE ADDRESS : 431 HUDSON AVENUE
01 CITY : CLARENDON HILLS
STATE/ZIP : IL 60514
MORTGAGE AMOUNT : 336,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,266.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031922222 MORTGAGORS: BROWNE KARL
BROWNE ANDREA
REGION CODE ADDRESS : 23338 SOUTHEAST 291ST STREET
01 CITY : BLACK DIAMOND
STATE/ZIP : WA 98010
MORTGAGE AMOUNT : 337,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,950.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,248.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 88.94500
----------------------------------------------------------------------------
0 0031922313 MORTGAGORS: OBERHOLTZER NEAL
OBERHOLTZER SHARON
REGION CODE ADDRESS : 12 HEATHER WAY
01 CITY : NEWTOWN SQUARE
STATE/ZIP : PA 19073
MORTGAGE AMOUNT : 356,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 356,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,250.16 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 78.50200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,580,950.00
P & I AMT: 10,521.00 UPB AMT: 1,580,324.66
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 293
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031922354 MORTGAGORS: ATCHESON DONALD
ATCHESON ANN
REGION CODE ADDRESS : 12759 ALDER WOODS DRIVE
01 CITY : FAIRFAX
STATE/ZIP : VA 22033
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031922545 MORTGAGORS: BINZAK JENNIFER
REGION CODE ADDRESS : 2312 CALIFORNIA AVENUE
01 CITY : SANTA MONICA
STATE/ZIP : CA 90403
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 460,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,138.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031922693 MORTGAGORS: GONZALEZ LIZANDRO
GONZALEZ BERTHA
REGION CODE ADDRESS : 1525 KEHOE AVENUE
01 CITY : SAN MATEO
STATE/ZIP : CA 94401
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031922750 MORTGAGORS: LAWSON JOHN
LAWSON JAMI
REGION CODE ADDRESS : 4570 INDIAN HILL ROAD
01 CITY : RIVERSIDE
STATE/ZIP : CA 92501
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,181.00 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031922768 MORTGAGORS: O'FARRELL WILLIAM
O'FARRELL NOREEN
REGION CODE ADDRESS : 76 TABER AVENUE
01 CITY : PROVIDENCE
STATE/ZIP : RI 02906
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 65.82200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,628,000.00
P & I AMT: 11,036.45 UPB AMT: 1,628,000.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 294
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031922776 MORTGAGORS: HANSEN OLOF
CALAWAY JOHN
REGION CODE ADDRESS : 159 BONVIEW STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94110
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,798.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.28500
----------------------------------------------------------------------------
0 0031922966 MORTGAGORS: EHDAIE BEHROUZE
EHDAIE VIRGINIA
REGION CODE ADDRESS : 326 RUBY STREET
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,624.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.08600
----------------------------------------------------------------------------
0 0031923022 MORTGAGORS: KORF MICHAEL
KORF SHARI
REGION CODE ADDRESS : 3969 PALISADES MAIN
01 CITY : KENNESAW
STATE/ZIP : GA 30144
MORTGAGE AMOUNT : 272,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,790.13 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.30400
----------------------------------------------------------------------------
0 0031923113 MORTGAGORS: BULLOCK BRIAN
BULLOCK NORA
REGION CODE ADDRESS : 159 SHAWNEE ROAD
01 CITY : ARDMORE
STATE/ZIP : PA 19003
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,256.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.82300
----------------------------------------------------------------------------
0 0031923147 MORTGAGORS: REED MICHAEL
REED JANE
REGION CODE ADDRESS : 17 CROWNSGATE COURT
01 CITY : GERMANTOWN
STATE/ZIP : MD 20874
MORTGAGE AMOUNT : 297,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,844.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,926.98 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,551,600.00
P & I AMT: 10,397.47 UPB AMT: 1,551,344.21
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 295
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031923204 MORTGAGORS: TORMEY KEVIN
TORMEY DEBORAH
REGION CODE ADDRESS : 33 LAWTON ROAD
01 CITY : NEEDHAM
STATE/ZIP : MA 02492
MORTGAGE AMOUNT : 260,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,757.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.30100
----------------------------------------------------------------------------
0 0031923550 MORTGAGORS: BELL ROBERT
BELL CHERYL
REGION CODE ADDRESS : 2371 BURNHAM DRIVE
01 CITY : TUSTIN
STATE/ZIP : CA 92782
MORTGAGE AMOUNT : 338,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,716.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,220.42 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 64.38000
----------------------------------------------------------------------------
0 0031923618 MORTGAGORS: HAMILTON RANDY
DALE BEVERLY
REGION CODE ADDRESS : 245 DEL MONTE AVENUE
01 CITY : LOS ALTOS
STATE/ZIP : CA 94022
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 599,495.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,941.58 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.47100
----------------------------------------------------------------------------
0 0031923634 MORTGAGORS: KINDZIERSKI JOHN
KINDZIERSKI ELIZABETH
REGION CODE ADDRESS : 8 HEATHER LANE
01 CITY : LIVINGSTON
STATE/ZIP : NJ 07039
MORTGAGE AMOUNT : 635,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 635,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,171.50 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.70500
----------------------------------------------------------------------------
0 0031923675 MORTGAGORS: WRIGHT GERALD
BARBOUR DIANA
REGION CODE ADDRESS : 7326 N. WAYPORT RD.
01 CITY : BLOOMINGTON
STATE/ZIP : IN 47408
MORTGAGE AMOUNT : 263,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,452.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/24
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,097,050.00
P & I AMT: 13,886.39 UPB AMT: 2,081,464.01
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 296
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031923709 MORTGAGORS: MOSSBURG RICHARD
MOSSBURG NORMA
REGION CODE ADDRESS : 6950 LINGANE
01 CITY : CHELSEA
STATE/ZIP : MI 48118
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,551.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,240.04 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 06/01/27
CURRENT INT RATE: 8.62500 PRODUCT CODE : 002
LTV : 79.55800
----------------------------------------------------------------------------
0 0031923717 MORTGAGORS: BOLTON RICHARD
CAMPBELL LAWRENCE
REGION CODE ADDRESS : 986 SOUTH LAMKIN
01 CITY : GOODHART
STATE/ZIP : MI 49737
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,170.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,236.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/23
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031923790 MORTGAGORS: HONIG ERIC
HONIG MAXINE
REGION CODE ADDRESS : 4391 CHATTAHOOCHEE PLANTATION DRIVE
01 CITY : MARIETTA
STATE/ZIP : GA 30067
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,969.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031924046 MORTGAGORS: FREEMAN MICHAEL
FREEMAN CINDY LOU
REGION CODE ADDRESS : 8532 BAYONNE DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 259,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,765.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,637.06 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 71.94400
----------------------------------------------------------------------------
0 0031924079 MORTGAGORS: PEATROSS SCOTT
PEATROSS CATHERINE
REGION CODE ADDRESS : 25229 JASMINE LANE
01 CITY : NEWHALL
STATE/ZIP : CA 91381
MORTGAGE AMOUNT : 286,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,397.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,835.46 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.99000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,461,650.00
P & I AMT: 9,918.61 UPB AMT: 1,437,885.37
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 297
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031924087 MORTGAGORS: ROBERTS CHRIS
ROBERTS TWILA
REGION CODE ADDRESS : 170 VALENCIA ROAD
01 CITY : SUMMERLAND
STATE/ZIP : CA 93067
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,747.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 48.00000
----------------------------------------------------------------------------
0 0031924095 MORTGAGORS: ROSEN JEFFREY
ROSEN KATHRYN
REGION CODE ADDRESS : 7523 W 85TH STREET
01 CITY : PLAYA DEL REY
STATE/ZIP : CA 90293
MORTGAGE AMOUNT : 449,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 448,613.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,912.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 76.10100
----------------------------------------------------------------------------
0 0031924145 MORTGAGORS: SIMPSON TIMOTHY
REGION CODE ADDRESS : 28352 VIA MONDANO
01 CITY : SAN JUAN CAPISTRANO
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 367,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,475.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031924194 MORTGAGORS: SPEARS MARK
BOLDUC SANDRA
REGION CODE ADDRESS : 1153 NORTH ROAD
01 CITY : CARLISLE
STATE/ZIP : MA 01741
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,358.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.30600
----------------------------------------------------------------------------
0 0031924210 MORTGAGORS: KOBROSKY NEIL
GIPSTEIN LINDA
REGION CODE ADDRESS : ONE STRAITSMOUTH WAY
01 CITY : ROCKPORT
STATE/ZIP : MA 01966
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 440,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,038.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,906,500.00
P & I AMT: 12,755.90 UPB AMT: 1,905,861.38
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 298
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031924830 MORTGAGORS: KARCZEWSKI GERALD
KARCZEWSKI CARMEL
REGION CODE ADDRESS : 19 LILY COURT
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 319,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,732.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,095.61 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.09700
----------------------------------------------------------------------------
0 0031924848 MORTGAGORS: QURESHI WAHEED
QURESHI MUNAZZA
REGION CODE ADDRESS : 118 FREESIA COURT
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 397,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 397,116.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,610.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 89.99600
----------------------------------------------------------------------------
0 0031924855 MORTGAGORS: EASTWOOD GLENNA
SLEPKO BRIAN
REGION CODE ADDRESS : 122 FREESIA COURT
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,737.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,128.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.07900
----------------------------------------------------------------------------
0 0031924863 MORTGAGORS: LIMJOCO ANTHONY
LIMJOCO MARISSA
REGION CODE ADDRESS : 1116 BRITTANY HILLS COURT
01 CITY : MARTINEZ
STATE/ZIP : CA 94553
MORTGAGE AMOUNT : 281,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,668.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,875.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------------------
0 0031924889 MORTGAGORS: LEMINH THAI
NGUYEN THANH
REGION CODE ADDRESS : 516 SAVONA WAY
01 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 257,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,622.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,651.05 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 74.73900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,576,200.00
P & I AMT: 10,362.09 UPB AMT: 1,574,877.22
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 299
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031924954 MORTGAGORS: WATTS DAVID
REGION CODE ADDRESS : 6948 HOWDEN COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95119
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031925035 MORTGAGORS: PARK YONG
PARK HOLLY
REGION CODE ADDRESS : 808 LACEY TREE STREET
01 CITY : LAS VEGAS
STATE/ZIP : NV 89128
MORTGAGE AMOUNT : 347,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,058.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,281.85 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------------------
0 0031925043 MORTGAGORS: CHUVALA TERRY
CHUVALA JUDITH
REGION CODE ADDRESS : 11909 BRISTOL MANOR COURT NORTH
01 CITY : BETHESDA,
STATE/ZIP : MD 20852
MORTGAGE AMOUNT : 252,480.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,278.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,701.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.91100
----------------------------------------------------------------------------
0 0031925142 MORTGAGORS: SWEENEY JAMES
SWEENEY MONA
REGION CODE ADDRESS : 18 BAYBERRY LANE
01 CITY : REHOBOTH BEACH
STATE/ZIP : DE 19971
MORTGAGE AMOUNT : 325,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,167.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.15800
----------------------------------------------------------------------------
0 0031925159 MORTGAGORS: SWEENEY JAMES
SWEENEY MONA
REGION CODE ADDRESS : 1502 EDGEWOOD LANE
01 CITY : WINNETKA
STATE/ZIP : IL 60093
MORTGAGE AMOUNT : 443,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 443,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,947.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 66.11900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,648,630.00
P & I AMT: 10,960.56 UPB AMT: 1,648,136.27
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 300
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031925175 MORTGAGORS: SHERMAN GARY
SHERMAN DANA
REGION CODE ADDRESS : 26 ROLLING RIDGE
01 CITY : LAS FLORES
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 248,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.98500
----------------------------------------------------------------------------
0 0031925191 MORTGAGORS: ZAMBRANO DR. MARIA
BERNSTEIN DR. LARRY
REGION CODE ADDRESS : 23801 LANESBORO PLACE
01 CITY : VALENCIA AREA
STATE/ZIP : CA 91354
MORTGAGE AMOUNT : 276,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,888.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031925217 MORTGAGORS: HENIGE JOHN
HENIGE TRACY
REGION CODE ADDRESS : 1701 MONARCH RIDGE CIRCLE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92019
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.71 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.26087
----------------------------------------------------------------------------
0 0031925324 MORTGAGORS: DAVIS JOHN
DAVIS AMY
REGION CODE ADDRESS : 5 ARDSLEY ROAD
01 CITY : GLEN RIDGE
STATE/ZIP : NJ 07028
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,264.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.97200
----------------------------------------------------------------------------
0 0031925373 MORTGAGORS: SJOGREN JEFFREY
SJOGREN SALLY
REGION CODE ADDRESS : 18047 CLEARY LAKE COURT
01 CITY : PRIOR LAKE
STATE/ZIP : MN 55372
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 63.95300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,402,600.00
P & I AMT: 9,455.76 UPB AMT: 1,402,600.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 301
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031925415 MORTGAGORS: SQUIRES RICHARD
SQUIRES BEVERLY
REGION CODE ADDRESS : 2449 SHARON OAKS DRIVE
01 CITY : MENLO PARK
STATE/ZIP : CA 94025
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,661.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.56500
----------------------------------------------------------------------------
0 0031925423 MORTGAGORS: GUPTA ARUPRATAN
GUPTA SHAMPA
REGION CODE ADDRESS : 1800 PENN'S CROSSING
01 CITY : ALLENTOWN
STATE/ZIP : PA 18104
MORTGAGE AMOUNT : 399,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,341.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,725.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.69158
----------------------------------------------------------------------------
0 0031925449 MORTGAGORS: KRAMER JOHN
KRAMER ELIZABETH
REGION CODE ADDRESS : 2405 BRIAR RIDGE LANE
01 CITY : HARLEYSVILLE
STATE/ZIP : PA 19438
MORTGAGE AMOUNT : 273,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,649.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,774.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031925472 MORTGAGORS: CASTRO FRANCIS
CASTRO CAROLE
REGION CODE ADDRESS : 486 BLACK MATT ROAD
01 CITY : DOUGLASSVILLE
STATE/ZIP : PA 19518
MORTGAGE AMOUNT : 468,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 466,367.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,157.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 61.26100
----------------------------------------------------------------------------
0 0031925613 MORTGAGORS: BUSTOS RAYMUND
BUSTOS NATIVIDAD
REGION CODE ADDRESS : 2481 LAS LUNAS STREET
01 CITY : PASADENA
STATE/ZIP : CA 91107
MORTGAGE AMOUNT : 318,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,090.68 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,860,100.00
P & I AMT: 12,409.83 UPB AMT: 1,855,609.14
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 302
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031925639 MORTGAGORS: DAVIDSON LAWRENCE
MOORE PATRICIA
REGION CODE ADDRESS : 18031 CHIEFTAIN COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92127
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,985.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031925738 MORTGAGORS: DYM CARY
REGION CODE ADDRESS : 1210 GARDEN STREET
01 CITY : HOBOKEN
STATE/ZIP : NJ 07030
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 420,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,865.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031925829 MORTGAGORS: TANKERSLEY STEPHEN
TANKERSLEY MARIA
REGION CODE ADDRESS : 903 EAST CHELSEA DRIVE
01 CITY : FRESNO
STATE/ZIP : CA 93720
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,175.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.59000
----------------------------------------------------------------------------
0 0031925977 MORTGAGORS: SEGALLER STEPHEN
SEGALLER MERRILL
REGION CODE ADDRESS : 763 PRINCETON-KINGSTON ROAD
01 CITY : PRINCETON
STATE/ZIP : NJ 08540
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,088.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.26100
----------------------------------------------------------------------------
0 0031926165 MORTGAGORS: DAVIS FOSTER
REAVIS-DAVIS PAMELA
REGION CODE ADDRESS : 549 YARROW DRIVE
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 249,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,228.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,808.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 94.98800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,578,400.00
P & I AMT: 10,923.41 UPB AMT: 1,578,228.36
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 303
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031926199 MORTGAGORS: VAN ALLEN KARL
VAN ALLEN KATHLEEN
REGION CODE ADDRESS : 4355 STONE MOUNTAIN DRIVE
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 261,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,056.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,826.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031926223 MORTGAGORS: HOFFMAN KEVIN
HOFFMAN CHERI
REGION CODE ADDRESS : 7824 SITIO TEJO
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 315,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,253.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,152.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 84.00600
----------------------------------------------------------------------------
0 0031926249 MORTGAGORS: HOLLENBECK MARK
HOLLENBECK ANNE
REGION CODE ADDRESS : 220 MARIGOLD STREET
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,750.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031926306 MORTGAGORS: KIMBROW SCOTT
KIMBROW SHELLEY
REGION CODE ADDRESS : 9182 EL VERANO WAY
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 308,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,043.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,261.83 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 89.99000
----------------------------------------------------------------------------
0 0031926314 MORTGAGORS: O'NEAL DENNIS
REGION CODE ADDRESS : 9286 BRIARBERRY LANE
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 292,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,421.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,996.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,489,650.00
P & I AMT: 10,339.20 UPB AMT: 1,488,525.35
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 304
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031926348 MORTGAGORS: KROEGER KENNETH
REGION CODE ADDRESS : 1330 BRIARBERRY LANE
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 252,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,547.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,702.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.98600
----------------------------------------------------------------------------
0 0031926389 MORTGAGORS: TRONCI ANTHONY
TRONCI VEVA
REGION CODE ADDRESS : 231 RIFLE CAMP ROAD
01 CITY : WEST PATERSON
STATE/ZIP : NJ 07424
MORTGAGE AMOUNT : 277,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,294.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,940.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031926579 MORTGAGORS: GOLDSTEIN DOUGLAS
GOLDSTEIN LINDA
REGION CODE ADDRESS : 4948 REFORMA ROAD
01 CITY : WOODLAND HILLS AREA
STATE/ZIP : CA 91364
MORTGAGE AMOUNT : 280,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,591.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,963.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.88000
----------------------------------------------------------------------------
0 0031926595 MORTGAGORS: HOKE MICHAEL
SIVILS NANCY
REGION CODE ADDRESS : 27052 GRAND VIEW AVENUE
01 CITY : HAYWARD
STATE/ZIP : CA 94542
MORTGAGE AMOUNT : 347,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,462.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.99500
----------------------------------------------------------------------------
0 0031926678 MORTGAGORS: GRACE SEAN
GRACE KRISTEN
REGION CODE ADDRESS : 2 CHERRY LAWN LANE
01 CITY : NORTHPORT
STATE/ZIP : NY 11768
MORTGAGE AMOUNT : 337,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,973.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,359.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,496,450.00
P & I AMT: 10,428.81 UPB AMT: 1,494,307.01
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 305
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031926686 MORTGAGORS: GOWEN PAUL
GOWEN DIANA
REGION CODE ADDRESS : 4550 SW SAUM WAY
01 CITY : TUALATIN
STATE/ZIP : OR 97062
MORTGAGE AMOUNT : 267,465.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,803.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,779.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 91.75400
----------------------------------------------------------------------------
0 0031926868 MORTGAGORS: WALTER KEVIN
WALTER KATHLEEN
REGION CODE ADDRESS : 86 MIDWOOD ROAD
01 CITY : GLEN ROCK BOROUGH
STATE/ZIP : NJ 07452
MORTGAGE AMOUNT : 271,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,796.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031927510 MORTGAGORS: LEUKHARDT H
LEUKHARDT STEPHANIE
REGION CODE ADDRESS : 2879 EIDER STREET
01 CITY : LA VERNE
STATE/ZIP : CA 91750
MORTGAGE AMOUNT : 341,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,950.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,303.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99000
----------------------------------------------------------------------------
0 0031927759 MORTGAGORS: STROM ERIC
STROM SUSAN
REGION CODE ADDRESS : 7460 SARAVIEW DR
01 CITY : SEBASTOPOL
STATE/ZIP : CA 95472
MORTGAGE AMOUNT : 224,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 224,645.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,629.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031927767 MORTGAGORS: TAKATA JON
TAKATA LAURA
REGION CODE ADDRESS : 4573 MAYFIELD COURT
01 CITY : FREMONT
STATE/ZIP : CA 94536
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,790.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,204.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,409,415.00
P & I AMT: 9,813.68 UPB AMT: 1,407,985.69
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 306
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031927833 MORTGAGORS: TORTI LORETTA
REGION CODE ADDRESS : 2151 AVENIDA TORONJA
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 321,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,394.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,980.77 OUTSIDE CONV DATE :
LIFETIME RATE : 6.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.25000 PRODUCT CODE : 002
LTV : 79.98800
----------------------------------------------------------------------------
0 0031927866 MORTGAGORS: SHERIFF RAYMOND
SHERIFF JANETTE
REGION CODE ADDRESS : 207 OYSTER POND ROAD
01 CITY : ALAMEDA
STATE/ZIP : CA 94502
MORTGAGE AMOUNT : 357,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,435.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.60800
----------------------------------------------------------------------------
0 0031927908 MORTGAGORS: TIMPSON STEPHEN
TIMPSON SUSAN
REGION CODE ADDRESS : 254 JEFFERSON ROAD
01 CITY : TOWNSHIP OF PRINCETON
STATE/ZIP : NJ 08540
MORTGAGE AMOUNT : 488,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 487,655.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,496.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031927924 MORTGAGORS: BARNES WILLIAM
KIMURA-BARNES KATHY
REGION CODE ADDRESS : 764 PLAZA AMAPOLA
01 CITY : NOVATO
STATE/ZIP : CA 94947
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,813.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,692.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.97964
----------------------------------------------------------------------------
0 0031927932 MORTGAGORS: BLOOM STEPHEN
YOSHINAGA CHIO
REGION CODE ADDRESS : 15 VINCENT STREET
01 CITY : CHATHAM BOROUGH
STATE/ZIP : NJ 07928
MORTGAGE AMOUNT : 346,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,984.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,422.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,758,200.00
P & I AMT: 12,027.17 UPB AMT: 1,756,847.99
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 307
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031927957 MORTGAGORS: WARD STEPHEN
WARD DIANE
REGION CODE ADDRESS : 4 CEDAR WAXWING ROAD
01 CITY : ALLAMUCHY TOWNSHIP
STATE/ZIP : NJ 07820
MORTGAGE AMOUNT : 250,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,594.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,668.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031927973 MORTGAGORS: FISHER DAVID
FISHER TAMMY
REGION CODE ADDRESS : 430 CHESTNUT DRIVE
01 CITY : NORTH HEMPSTEAD TOWN
STATE/ZIP : NY 11576
MORTGAGE AMOUNT : 466,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 465,306.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,258.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031928047 MORTGAGORS: MEERSCHAERT WALTER
KENNEDY LAURA
REGION CODE ADDRESS : 1018 MOUNTAIN BOULEVARD
01 CITY : OAKLAND
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,728.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,373.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.83800
----------------------------------------------------------------------------
0 0031928070 MORTGAGORS: FEAGIN FRANK
REGION CODE ADDRESS : 2249 PASEO JACINTA
01 CITY : SAN DIMAS
STATE/ZIP : CA 91773
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,738.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,375.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031928112 MORTGAGORS: BOLAND JOHN
REGION CODE ADDRESS : 10 WILDFLOWER DRIVE
01 CITY : CORTE MADERA
STATE/ZIP : CA 94925
MORTGAGE AMOUNT : 415,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 413,918.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,799.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,824,400.00
P & I AMT: 12,476.81 UPB AMT: 1,821,285.71
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 308
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031928161 MORTGAGORS: DONG ANH
DONG ANDY
REGION CODE ADDRESS : 1932-1934 WEBSTER STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94115
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 474,600.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,120.42 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 62.50000
----------------------------------------------------------------------------
0 0031928484 MORTGAGORS: GUTSHALL BRIAN
REGION CODE ADDRESS : 22 & 24 66TH PLACE
01 CITY : LONG BEACH
STATE/ZIP : CA 90803
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,600.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,368.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.12500
----------------------------------------------------------------------------
0 0031928658 MORTGAGORS: DELGADO JAVIER
DELGADO LILLIAN
REGION CODE ADDRESS : 3904 OSPREY COURT
01 CITY : WESTON
STATE/ZIP : FL 33331
MORTGAGE AMOUNT : 289,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,022.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.23700
----------------------------------------------------------------------------
0 0031928773 MORTGAGORS: PLASHAL JOHN
PLASHAL ELIZABETH
REGION CODE ADDRESS : 935 HOLLY CREEK DRIVE
01 CITY : GREAT FALLS
STATE/ZIP : VA 22066
MORTGAGE AMOUNT : 278,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,922.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031929052 MORTGAGORS: LUDWIG C. SCOTT
LUDWIG JENNIFER
REGION CODE ADDRESS : 420 LA GONDA WAY
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 292,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,921.52 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,835,150.00
P & I AMT: 12,355.85 UPB AMT: 1,834,351.09
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 309
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031929094 MORTGAGORS: TAMERA ROBIN
TAMERA MARIA
REGION CODE ADDRESS : 1909 DALTON ROAD
01 CITY : PALOS VERDES PENINSULA AR
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 372,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,443.78 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 49.60000
----------------------------------------------------------------------------
0 0031929102 MORTGAGORS: TISCHFIELD JAY
REGION CODE ADDRESS : 4 ADAMS COURT
01 CITY : BRIDGEWATER
STATE/ZIP : NJ 08807
MORTGAGE AMOUNT : 431,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,725.48 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031929375 MORTGAGORS: BRAGG DEBORAH
REGION CODE ADDRESS : 15032 NOTLEY RD
01 CITY : SILVER SPRING
STATE/ZIP : MD 20905
MORTGAGE AMOUNT : 387,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,719.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,574.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 84.13000
----------------------------------------------------------------------------
0 0031929508 MORTGAGORS: BEAUREGARD DANIEL
BEAUREGARD LISA
REGION CODE ADDRESS : LOT 2 FOX LANE
01 CITY : LITTLETON
STATE/ZIP : MA 01460
MORTGAGE AMOUNT : 257,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,747.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,754.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------------------
0 0031929664 MORTGAGORS: WILSON JAY
WILSON DAWM
REGION CODE ADDRESS : 1986 FULLERTON AVENUE
01 CITY : COSTA MESA
STATE/ZIP : CA 92627
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,786.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.31300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,707,350.00
P & I AMT: 11,227.99 UPB AMT: 1,705,454.44
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 310
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031929672 MORTGAGORS: DIRKS JAMES
DIRKS DENISE
REGION CODE ADDRESS : 5821 SOUTH OHIO STREET
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 287,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,375.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,961.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.69300
----------------------------------------------------------------------------
0 0031929748 MORTGAGORS: HARRIS PETE
HARRIS ZSUZSA
REGION CODE ADDRESS : 73504 TERRAZA DRIVE
01 CITY : PALM DESERT
STATE/ZIP : CA 92260
MORTGAGE AMOUNT : 248,458.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,287.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,801.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 94.83100
----------------------------------------------------------------------------
0 0031929789 MORTGAGORS: HARLOW JOHN
HARLOW NADINE
REGION CODE ADDRESS : 67 BEDFORD PLACE
01 CITY : RAMSEY BOROUGH
STATE/ZIP : NJ 07446
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,492.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.71700
----------------------------------------------------------------------------
0 0031929805 MORTGAGORS: CORNWELL FRED
CORNWELL MARY
REGION CODE ADDRESS : 1818 HIGHLAND DRIVE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,768.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,264.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 67.36800
----------------------------------------------------------------------------
0 0031929854 MORTGAGORS: DE MARCO JAMES
DE MARCO BERNICE
REGION CODE ADDRESS : 67 INDEPENDENCE DRIVE
01 CITY : EAST BRUNSWICK TOWNSHIP
STATE/ZIP : NJ 08816
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,487.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,438,058.00
P & I AMT: 9,923.17 UPB AMT: 1,436,410.49
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 311
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031930035 MORTGAGORS: TRAUB LEONARD
FISCHER REBECCA
REGION CODE ADDRESS : 4210 CASPER COURT
01 CITY : HOLLYWOOD
STATE/ZIP : FL 33021
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 387,948.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,740.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031930241 MORTGAGORS: MOORE HAROLD
REGION CODE ADDRESS : 14 SHERMAN RIDGE ROAD
01 CITY : WANTAGE
STATE/ZIP : NJ 07461
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,892.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031930662 MORTGAGORS: O'BRIEN KENNETH
O'BRIEN RHONDA
REGION CODE ADDRESS : 39 W 334 WASHBRUN DRIVE
01 CITY : GENEVA
STATE/ZIP : IL 60134
MORTGAGE AMOUNT : 303,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,070.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98144
----------------------------------------------------------------------------
0 0031930845 MORTGAGORS: IRION ROBERT
GRIGSBY G.
REGION CODE ADDRESS : 115 NORTHROP PLACE
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 254,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,291.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,693.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.86600
----------------------------------------------------------------------------
0 0031930944 MORTGAGORS: OWEN TRAVIS
OWEN CARLENE
REGION CODE ADDRESS : 34976 CALLE FORTUNA
01 CITY : DANA POINT
STATE/ZIP : CA 92624
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,358.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,561,000.00
P & I AMT: 10,754.99 UPB AMT: 1,556,740.11
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 312
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031931165 MORTGAGORS: RUBEY JOHN
RUBEY THERESA
REGION CODE ADDRESS : 11979 DAPPLE WAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92128
MORTGAGE AMOUNT : 253,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.44400
----------------------------------------------------------------------------
0 0031931173 MORTGAGORS: ROBERTSON BRETT
REGION CODE ADDRESS : 212 CASCADE DRIVE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 339,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,715.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,226.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 41.49300
----------------------------------------------------------------------------
0 0031931181 MORTGAGORS: GAST GARRY
GAST LORAINE
REGION CODE ADDRESS : 11 SADDLEBROOK COURT
01 CITY : NOVATO
STATE/ZIP : CA 94947
MORTGAGE AMOUNT : 482,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 481,633.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,329.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.26600
----------------------------------------------------------------------------
0 0031931256 MORTGAGORS: BISSIN ROBERT
BISSIN LINDA
REGION CODE ADDRESS : 19176 FOXGLEN LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,665.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,038.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.36500
----------------------------------------------------------------------------
0 0031931264 MORTGAGORS: CREMONA RUTH
REGION CODE ADDRESS : 14416 OLD WOOD ROAD
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,703.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,796.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 28.57100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,914,600.00
P & I AMT: 13,143.43 UPB AMT: 1,913,316.77
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 313
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031931272 MORTGAGORS: CARR MICHAEL
CARR SHERYL
REGION CODE ADDRESS : 6 CARHART COURT
01 CITY : TOWNSHIP OF UNION
STATE/ZIP : NJ 08867
MORTGAGE AMOUNT : 301,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,966.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,930.54 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 89.86580
----------------------------------------------------------------------------
0 0031931298 MORTGAGORS: KNIGHT SEAN
KNIGHT DEBORAH
REGION CODE ADDRESS : 23813 KENSINGTON COURT
01 CITY : WEST HILLS
STATE/ZIP : CA 91307
MORTGAGE AMOUNT : 441,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 440,629.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,897.06 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031931306 MORTGAGORS: RINALDI PAULA
REGION CODE ADDRESS : 15 VILLAGE WAY
01 CITY : BRANCHBURG TOWNSHIP
STATE/ZIP : NJ 08876
MORTGAGE AMOUNT : 323,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,828.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,122.54 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031931314 MORTGAGORS: HUGHES DANIEL
HUGHES LISA
REGION CODE ADDRESS : 753 BACKHUS ESTATE ROAD
01 CITY : TOWNSHIP OF LEBANON
STATE/ZIP : NJ 08826
MORTGAGE AMOUNT : 278,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,418.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,808.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 89.99600
----------------------------------------------------------------------------
0 0031931330 MORTGAGORS: MORALES JAMES
MORALES JUDITH
REGION CODE ADDRESS : 1209 FLEMING AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95127
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,804.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.47300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,608,500.00
P & I AMT: 10,605.02 UPB AMT: 1,606,647.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 314
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031931348 MORTGAGORS: ROLEN SCOTT
REGION CODE ADDRESS : 638 DUNDEE LANE
01 CITY : HOLMES BEACH
STATE/ZIP : FL 34217
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,592.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031931389 MORTGAGORS: JANDA KIM
JANDA TERESA
REGION CODE ADDRESS : 5787 LA JOLLA CORONA DRIVE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 649,999.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,452.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,270.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 66.66600
----------------------------------------------------------------------------
0 0031931439 MORTGAGORS: JOHNSON PAUL
JOHNSON BETTY
REGION CODE ADDRESS : 1965 BUTTNER ROAD
01 CITY : PLEASANT HILL
STATE/ZIP : CA 94523
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,763.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.54 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 61.30400
----------------------------------------------------------------------------
0 0031931447 MORTGAGORS: TILL PETER
REGION CODE ADDRESS : 9 HERCULES COURT
01 CITY : ALAMEDA
STATE/ZIP : CA 94501
MORTGAGE AMOUNT : 287,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,275.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,961.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.96300
----------------------------------------------------------------------------
0 0031931454 MORTGAGORS: JENNERSON JAMES
JENNERSON ELIZABETH
REGION CODE ADDRESS : 25251 JASMINE LANE
01 CITY : NEWHALL
STATE/ZIP : CA 91381
MORTGAGE AMOUNT : 286,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,470.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,931.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.98800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,886,199.00
P & I AMT: 12,607.67 UPB AMT: 1,884,962.44
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 315
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031931462 MORTGAGORS: CONDA MARK
BALAIS BEATRIZ
REGION CODE ADDRESS : 2400 STEAMBOAT SPRINGS COURT
01 CITY : CHULA VISTA
STATE/ZIP : CA 91915
MORTGAGE AMOUNT : 251,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,248.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,694.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.98600
----------------------------------------------------------------------------
0 0031931470 MORTGAGORS: BATTUNG S NATHANIEL
CAVILES-BATTUNG MARIA
REGION CODE ADDRESS : 530 GRASS VALLEY STREET
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 319,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,112.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,232.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.97000
----------------------------------------------------------------------------
0 0031931504 MORTGAGORS: BIRD LARRY
BIRD SHERYLE
REGION CODE ADDRESS : 6285 SUNNYSIDE CIRCLE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,628.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,496.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.75700
----------------------------------------------------------------------------
0 0031931520 MORTGAGORS: BIEHN MICHAEL
BIEHN GINA
REGION CODE ADDRESS : 11220 VALLEY SPRING LANE
01 CITY : NORTH HOLLYWOOD
STATE/ZIP : CA 91602
MORTGAGE AMOUNT : 415,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 414,676.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 61.48100
----------------------------------------------------------------------------
0 0031931546 MORTGAGORS: LARBIE JOHN
LARBIE REGINA
REGION CODE ADDRESS : 4439 LAGOON COURT
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,788.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,992.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,770,800.00
P & I AMT: 12,246.91 UPB AMT: 1,769,455.56
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 316
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031931553 MORTGAGORS: SUGIE FUKUJI
SUGIE SANDRA
REGION CODE ADDRESS : 1977 CATRINA COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 269,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,790.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,835.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 48.46800
----------------------------------------------------------------------------
0 0031931561 MORTGAGORS: BLAKEY MICHAEL
BLAKEY LYNN
REGION CODE ADDRESS : 1135 ALTA MESA ROAD
01 CITY : MONTEREY
STATE/ZIP : CA 93940
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,760.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,175.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 60.57600
----------------------------------------------------------------------------
0 0031931579 MORTGAGORS: COE TERRY
LOPES-COE CHERYL
REGION CODE ADDRESS : 714 ENRIGHT AVENUE
01 CITY : SANTA CLARA
STATE/ZIP : CA 95050
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,816.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 73.23900
----------------------------------------------------------------------------
0 0031931587 MORTGAGORS: WITTENSTEIN JUDITH
MUNDAY JANET
REGION CODE ADDRESS : 2565 JUANITA WAY
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 499,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,180.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,282.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031931603 MORTGAGORS: MOTOLA DAVID
REGION CODE ADDRESS : 834 BINGHAM ROAD
01 CITY : RIDGEWOOD VILLAGE
STATE/ZIP : NJ 07450
MORTGAGE AMOUNT : 428,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 427,640.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,811.66 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,771,600.00
P & I AMT: 11,967.05 UPB AMT: 1,770,187.64
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 317
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031931611 MORTGAGORS: LARUE BRAD
LARUE MARJAN
REGION CODE ADDRESS : 268 WATERSIDE CIRCLE
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94903
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,793.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,807.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.71400
----------------------------------------------------------------------------
0 0031931629 MORTGAGORS: STRINGFELLOW JOY
REGION CODE ADDRESS : 27147 EASTVALE ROAD
01 CITY : PALOS VERDES
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 366,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 365,714.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,496.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 60.89800
----------------------------------------------------------------------------
0 0031931637 MORTGAGORS: KELLY THOMAS
KELLY MELINDA
REGION CODE ADDRESS : 11854 CANDY ROSE WAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 271,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,977.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,804.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031931645 MORTGAGORS: LUTTICKEN MICHAEL
LUTTICKEN JEANNETTE
REGION CODE ADDRESS : 26 MAPLE WAY
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 343,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 342,725.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,310.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.33300
----------------------------------------------------------------------------
0 0031931652 MORTGAGORS: MENDOZA RAFAEL
MENDOZA FLORIETA
REGION CODE ADDRESS : 1347 MARLIN AVENUE
01 CITY : FOSTER CITY
STATE/ZIP : CA 94404
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,719.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,455.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 62.06800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,605,200.00
P & I AMT: 10,875.55 UPB AMT: 1,603,930.30
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 318
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031931686 MORTGAGORS: ESPITIA MICHAEL
ESPITIA LEILANI
REGION CODE ADDRESS : 3488 GRAND TETON DRIVE
01 CITY : CORONA
STATE/ZIP : CA 91720
MORTGAGE AMOUNT : 252,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,407.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,744.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.99900
----------------------------------------------------------------------------
0 0031931694 MORTGAGORS: PATEL THAKOR
PATEL USHA
REGION CODE ADDRESS : 1940 CAMERON HILLS COURT
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 385,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,660.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,465.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 62.80500
----------------------------------------------------------------------------
0 0031931702 MORTGAGORS: PAEN ALEXANDER
REGION CODE ADDRESS : 1352 ALLENFORD AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90049
MORTGAGE AMOUNT : 463,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 462,629.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,119.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 60.52200
----------------------------------------------------------------------------
0 0031931710 MORTGAGORS: PUTRASAHAN PERRI
PUTRASAHAN SARINA
REGION CODE ADDRESS : 200 PACIFIC COAST HIGHWAY #439
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,707.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,652.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031931736 MORTGAGORS: ROBI PAUL
ROBI KATHERINE
REGION CODE ADDRESS : 3830 FAIRMEADE ROAD
01 CITY : PASADENA
STATE/ZIP : CA 91107
MORTGAGE AMOUNT : 319,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,744.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,149.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.34700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,803,600.00
P & I AMT: 12,130.54 UPB AMT: 1,802,150.54
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 319
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031931769 MORTGAGORS: ASHFORD HOWARD
ASHFORD ANITA
REGION CODE ADDRESS : 2429 HERITAGE WAY
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 422,184.00 OPTION TO CONVERT :
UNPAID BALANCE : 421,837.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,808.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031931801 MORTGAGORS: SCHEPER PAUL
SCHEPER JEANNINE
REGION CODE ADDRESS : 22187 WESTCLIFF
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,707.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,558.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 48.07600
----------------------------------------------------------------------------
0 0031931819 MORTGAGORS: PICOT WALTER
PICOT CAROL
REGION CODE ADDRESS : 43 BIRCHWOOD LANE
01 CITY : BOONTON TOWNSHIP
STATE/ZIP : NJ 07005
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,407.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,145.05 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 69.07216
----------------------------------------------------------------------------
0 0031931835 MORTGAGORS: SAS LEON
SAS DELIA
REGION CODE ADDRESS : 2365 VALLEY TERRACE DRIVE
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,732.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,431.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031931850 MORTGAGORS: TALBOT III CYRIL
TALBOT PEGGY
REGION CODE ADDRESS : 2511 LOZANA ROAD
01 CITY : SAN DIEGO
STATE/ZIP : CA 92014
MORTGAGE AMOUNT : 356,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,708.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,368.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.94700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,840,184.00
P & I AMT: 12,311.69 UPB AMT: 1,838,392.96
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 320
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031931892 MORTGAGORS: WINKELMAN DANE
WINKELMAN PENCHITT
REGION CODE ADDRESS : 35513 CARTER STREET
01 CITY : YUCAIPA
STATE/ZIP : CA 92399
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,647.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,759.11 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031931926 MORTGAGORS: KNIGHT GRANVILLE
KNIGHT ELAINE
REGION CODE ADDRESS : 3419 WICKERSHAM LANE
01 CITY : HOUSTON
STATE/ZIP : TX 77027
MORTGAGE AMOUNT : 473,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 472,402.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,108.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 43.01800
----------------------------------------------------------------------------
0 0031931967 MORTGAGORS: WEINER JEFFREY
WEINER IVY
REGION CODE ADDRESS : 337 ROBINWOOD LANE
01 CITY : HILLSBOROUGH
STATE/ZIP : CA 94010
MORTGAGE AMOUNT : 630,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 629,520.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,351.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.31500
----------------------------------------------------------------------------
0 0031931991 MORTGAGORS: WESTCOTT KENNETH
REGION CODE ADDRESS : 8 VICTORIA FALLS DRIVE
01 CITY : RANCHO MIRAGE
STATE/ZIP : CA 92270
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,773.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,132.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.22000
----------------------------------------------------------------------------
0 0031932015 MORTGAGORS: YEAGER JOHN
YEAGER EVELYN
REGION CODE ADDRESS : 1826 BUTTONSHELL LANE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 510,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 509,602.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,479.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,338,200.00
P & I AMT: 15,830.67 UPB AMT: 2,335,946.17
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 321
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031932106 MORTGAGORS: BALANI ANIL
BALANI JOTI
REGION CODE ADDRESS : 7 MEADOW BLUFF ROAD
01 CITY : PARSIPPANY TROY-HILL TOWN
STATE/ZIP : NJ 07950
MORTGAGE AMOUNT : 319,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,150.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,178.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 84.99200
----------------------------------------------------------------------------
0 0031932163 MORTGAGORS: WEISS MITCHEL
ROSENSTREICH LILI
REGION CODE ADDRESS : 11 LARCHDELL WAY
01 CITY : MOUNTAIN LAKES BOROUGH
STATE/ZIP : NJ 07046
MORTGAGE AMOUNT : 345,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,724.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,324.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.69697
----------------------------------------------------------------------------
0 0031932213 MORTGAGORS: DAVIDGE EDWARD
DAVIDGE LOIS
REGION CODE ADDRESS : 6349 MOONLIGHT LN NW
01 CITY : WALKER
STATE/ZIP : MN 56484
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 55.24800
----------------------------------------------------------------------------
0 0031932270 MORTGAGORS: MARTINO ROBERT
MARTINO DEBBIE
REGION CODE ADDRESS : 2226 VISTA RODEO DRIVE
01 CITY : EL CAJON
STATE/ZIP : CA 92109
MORTGAGE AMOUNT : 477,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 477,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,294.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 65.79300
----------------------------------------------------------------------------
0 0031932619 MORTGAGORS: MEFFORD JOHN
MEFFORD CARRIE
REGION CODE ADDRESS : 11803 HARTSOOK STREET,
01 CITY : VALLEY VILLAGE AREA,
STATE/ZIP : CA 91607
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,920.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,726,400.00
P & I AMT: 11,739.00 UPB AMT: 1,725,874.94
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 322
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031932841 MORTGAGORS: GEORGE SUSAN
REGION CODE ADDRESS : 2298 REDLANDS DRIVE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031932973 MORTGAGORS: CARTER DAVID
CARTER HARUMI
REGION CODE ADDRESS : 2222 NORTH VAL VISTA DRIVE #5,
01 CITY : MESA
STATE/ZIP : AZ 85213
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 480,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,356.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031933229 MORTGAGORS: DUBAUSKAS JON
DUBAUSKAS MELISSA
REGION CODE ADDRESS : 72 NORWOOD AVENUE,
01 CITY : MONTCLAIR
STATE/ZIP : NJ 07043
MORTGAGE AMOUNT : 377,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,512.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031933237 MORTGAGORS: SMITH STEVEN
SMITH SYLVIA
REGION CODE ADDRESS : 5637 OAKHILL DRIVE
01 CITY : SANTA MARIA
STATE/ZIP : CA 93455
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031933286 MORTGAGORS: PEREYDA ROBERT
PEREYDA NANCY
REGION CODE ADDRESS : 1215 CENTRAL AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95128
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,829.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.62000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,756,600.00
P & I AMT: 11,849.48 UPB AMT: 1,756,600.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 323
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031933294 MORTGAGORS: CHISHOLM ANDREW
JIN YISHI
REGION CODE ADDRESS : 170 BRAEMOOR DRIVE
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,798.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.78900
----------------------------------------------------------------------------
0 0031933385 MORTGAGORS: KRETZMER WILLIAM
KRETZMER CLARE
REGION CODE ADDRESS : 24 WAKONDA
01 CITY : DOVE CANYON
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,399.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,946.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 65.47600
----------------------------------------------------------------------------
0 0031933492 MORTGAGORS: CHOPPIN AGNES
REGION CODE ADDRESS : 2447 TAMALPAIS STREET
01 CITY : MOUNTAIN VIEW
STATE/ZIP : CA 94043
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,878.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031933500 MORTGAGORS: BATARSEH RAMI
ZAGHBABA SALIM
REGION CODE ADDRESS : 34 NORTH CLAREMONT STREET
01 CITY : SAN MATEO
STATE/ZIP : CA 94401
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,779.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,076.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031933823 MORTGAGORS: SADEGHI ALI
SADEGHI LEILI
REGION CODE ADDRESS : 20706 SEABOARD ROAD
01 CITY : MALIBU
STATE/ZIP : CA 90265
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 420,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,865.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,531,000.00
P & I AMT: 10,565.72 UPB AMT: 1,530,178.68
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 324
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031933872 MORTGAGORS: ELLIOTT GEORGE
ELLIOTT STACEY
REGION CODE ADDRESS : 7360 HUASNA ROAD
01 CITY : ARROYO GRANDE
STATE/ZIP : CA 93420
MORTGAGE AMOUNT : 323,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,230.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.01900
----------------------------------------------------------------------------
0 0031933906 MORTGAGORS: GO GRACIE
GO RHODORA
REGION CODE ADDRESS : 3013 DAHLGREN AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90066
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,292.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.66600
----------------------------------------------------------------------------
0 0031933955 MORTGAGORS: TAN CHRISTINE
KRISTENSEN CARSTEN
REGION CODE ADDRESS : 13592 CHELTENHAM DRIVE,
01 CITY : SHERMAN OAKS AREA,
STATE/ZIP : CA 91423
MORTGAGE AMOUNT : 334,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,335.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.58300
----------------------------------------------------------------------------
0 0031934094 MORTGAGORS: AGNOLE JAMES
AGNOLE PHYLLIS
REGION CODE ADDRESS : 10338 SANDLEWOOD LANE
01 CITY : NORTHRIDGE
STATE/ZIP : CA 91326
MORTGAGE AMOUNT : 310,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,116.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------------------
0 0031934763 MORTGAGORS: LABONDE JERRY
LABONDE SUSANNAH
REGION CODE ADDRESS : 38 MARTIN LANE
01 CITY : ENGLEWOOD
STATE/ZIP : CO 80110
MORTGAGE AMOUNT : 425,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 425,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,794.58 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.31405
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,728,700.00
P & I AMT: 11,769.75 UPB AMT: 1,728,700.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 325
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031934821 MORTGAGORS: KLIMM MARK
MAURO KRISTINE
REGION CODE ADDRESS : 26 MOUNTAIN LAUREL LANE
01 CITY : NEWTOWN,
STATE/ZIP : CT 06482
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,856.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031935034 MORTGAGORS: MEROLA FRANK
MASCARO-MEROLA MARTA
REGION CODE ADDRESS : 6407 WEST 80TH STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90045
MORTGAGE AMOUNT : 376,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,501.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031935133 MORTGAGORS: KOLIOPOULOS JOHN
KOLIOPOULOS MELISSA
REGION CODE ADDRESS : 62 CHESHIRE LANE
01 CITY : RINGWOOD BOROUGH
STATE/ZIP : NJ 07456
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,566.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,192.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031935166 MORTGAGORS: GARSKOG GORAN
GARSKOG ALEXANDRA
REGION CODE ADDRESS : 633 CEDARBROOK ROAD
01 CITY : BRIDGEWATER
STATE/ZIP : NJ 08807
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,562.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,769.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031935174 MORTGAGORS: HAGEDORN GREGG
LANDBLOOM LINDA
REGION CODE ADDRESS : 8312 HUNTING HILL LANE
01 CITY : MCLEAN
STATE/ZIP : VA 22102
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,519.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,872.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 58.76288
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,512,000.00
P & I AMT: 10,191.93 UPB AMT: 1,510,649.05
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 326
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031935182 MORTGAGORS: HOFFMANN JOHN
HOFFMANN KYRA
REGION CODE ADDRESS : 2516 ALLENWOOD/LAKEWOOD ROAD
01 CITY : TOWNSHIP OF WALL
STATE/ZIP : NJ 07719
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,634.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031935190 MORTGAGORS: BIRTH ROBERT
BIRTH DIANNA
REGION CODE ADDRESS : 30 NEW MEADOW TRAIL
01 CITY : TOWNSHIP OF PARSIPPANY-TR
STATE/ZIP : NJ 07054
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,784.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031935208 MORTGAGORS: BLANCHARD CARL
BLANCHARD JENNIFER
REGION CODE ADDRESS : 49 KENSINGTON ROAD
01 CITY : BERNARDS TOWNSHIP
STATE/ZIP : NJ 07920
MORTGAGE AMOUNT : 325,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,133.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,164.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.73900
----------------------------------------------------------------------------
0 0031935216 MORTGAGORS: ALEXIADES NICKITAS
CHARTOFILLIS MARIA
REGION CODE ADDRESS : 67 HOWE AVENUE
01 CITY : WAYNE
STATE/ZIP : NJ 07470
MORTGAGE AMOUNT : 310,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,169.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,170.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031935232 MORTGAGORS: SAYED WAHEED
SAYED RAZIA
REGION CODE ADDRESS : 10 MILLBROOK DRIVE
01 CITY : WEST WINDSOR TOWNSHIP
STATE/ZIP : NJ 08550
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,720.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,107.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.71200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,482,800.00
P & I AMT: 10,045.92 UPB AMT: 1,481,441.20
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 327
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031935240 MORTGAGORS: MC CULLOUGH MICHAEL
MC CULLOUGH MARILYN
REGION CODE ADDRESS : 6122 E COYOTE WASH DRIVE
01 CITY : CAVE CREEK
STATE/ZIP : AZ 85331
MORTGAGE AMOUNT : 270,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,848.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.93100
----------------------------------------------------------------------------
0 0031935257 MORTGAGORS: DAVILA NEREIDA
DAVILA VICTOR
REGION CODE ADDRESS : 9 BELL PLACE
01 CITY : RYE BROOK VILLAGE
STATE/ZIP : NY 10573
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,764.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,839.41 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031935273 MORTGAGORS: PULEO PAUL
PULEO JOYANN
REGION CODE ADDRESS : 54 BEGG DRIVE
01 CITY : NEW CASTLE TOWN
STATE/ZIP : NY 10514
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,778.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,796.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.97297
----------------------------------------------------------------------------
0 0031935307 MORTGAGORS: REID VALERIE
TWENTYMAN WILLIAM
REGION CODE ADDRESS : 30 ELMWOOD AVENUE
01 CITY : CHATHAM BOROUGH
STATE/ZIP : NJ 07928
MORTGAGE AMOUNT : 373,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,222.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,611.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031935331 MORTGAGORS: SAUL HAROLD
SAUL DEBRA
REGION CODE ADDRESS : 8825 E HEATHERWOOD ROAD
01 CITY : ANAHEIM HILLS
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 296,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,506.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,974.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 94.99900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,491,150.00
P & I AMT: 10,069.61 UPB AMT: 1,490,173.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 328
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031935364 MORTGAGORS: RAGHAVAN M.
RAGHAVAN MITHRA
REGION CODE ADDRESS : 221 MARIGOLD STREET,
01 CITY : DANVILLE,
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 307,280.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,028.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,044.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 62.41900
----------------------------------------------------------------------------
0 0031935414 MORTGAGORS: JAY WILLIAM
JAY BARBARA
REGION CODE ADDRESS : 32715 CASPIAN SEA DRIVE
01 CITY : DANA POINT
STATE/ZIP : CA 92629
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,167.87 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 60.55000
----------------------------------------------------------------------------
0 0031935489 MORTGAGORS: BURESH TOM
BURESH DANELLE
REGION CODE ADDRESS : 528-528 1/2 NORTH SAN VICENTE BOULE
01 CITY : WEST HOLLYWOOD
STATE/ZIP : CA 90048
MORTGAGE AMOUNT : 386,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,698.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,633.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 64.33300
----------------------------------------------------------------------------
0 0031935570 MORTGAGORS: NEPVEUX MICHAEL
CALDWELL REBECCA
REGION CODE ADDRESS : 10303 HOLLY SPRINGS DRIVE
01 CITY : HOUSTON
STATE/ZIP : TX 77042
MORTGAGE AMOUNT : 266,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,170.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,727.87 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031935588 MORTGAGORS: BARRETT ALFRED
REGION CODE ADDRESS : 2005 MARINE STREET
01 CITY : SANTA MONICA
STATE/ZIP : CA 90405
MORTGAGE AMOUNT : 246,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,262.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,702.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.23800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,536,130.00
P & I AMT: 10,275.47 UPB AMT: 1,535,160.09
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 329
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031935646 MORTGAGORS: VALDELLON VLADIMIR
VALDELLON ZENAIDA
REGION CODE ADDRESS : 2403 GRAPEVINE DRIVE
01 CITY : OXNARD
STATE/ZIP : CA 93030
MORTGAGE AMOUNT : 251,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,308.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,737.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.82100
----------------------------------------------------------------------------
0 0031935703 MORTGAGORS: SHINCOVICH DAVID
REGION CODE ADDRESS : 21637 CORRAL HOLLOW ROAD
01 CITY : TRACY
STATE/ZIP : CA 95376
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,550.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,754.00 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 86.97000
----------------------------------------------------------------------------
0 0031935711 MORTGAGORS: LINANE MICHAEL
LINANE HYANG
REGION CODE ADDRESS : 1271 COTTONWOOD DRIVE
01 CITY : OCEANSIDE
STATE/ZIP : CA 92056
MORTGAGE AMOUNT : 251,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,961.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,546.69 OUTSIDE CONV DATE :
LIFETIME RATE : 6.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.25000 PRODUCT CODE : 002
LTV : 94.99100
----------------------------------------------------------------------------
0 0031935729 MORTGAGORS: ALLEN BILLIE
ALLEN THEODORE
REGION CODE ADDRESS : 14017 BIRDSONG LANE
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 346,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,416.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,272.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 88.83100
----------------------------------------------------------------------------
0 0031935745 MORTGAGORS: MERCADANTE LARRY
MERCADANTE JUDY
REGION CODE ADDRESS : 147 NORTH COBBLESTONE DRIVE
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,849.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 57.91600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,393,700.00
P & I AMT: 9,160.25 UPB AMT: 1,392,237.34
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 330
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031935752 MORTGAGORS: BRANDES PETER
LASKOWSKY ZELDA
REGION CODE ADDRESS : 5641 COUNTRY CLUB DRIVE
01 CITY : OAKLAND
STATE/ZIP : CA 94618
MORTGAGE AMOUNT : 686,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 685,478.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,738.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 76.22200
----------------------------------------------------------------------------
0 0031935760 MORTGAGORS: LOOMIS ANNE
LOOMIS RICHARD
REGION CODE ADDRESS : 24401 VIA SANTA CLARA
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 254,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,191.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,692.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031935786 MORTGAGORS: WHALEN THOMAS
FREIMUTH-WHALEN TERESA
REGION CODE ADDRESS : 11137 CHERRY RIDGE ROAD
01 CITY : SEBASTOPOL
STATE/ZIP : CA 95472
MORTGAGE AMOUNT : 487,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 487,100.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,243.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.86300
----------------------------------------------------------------------------
0 0031935794 MORTGAGORS: BRUNELL PAUL
SPELLMAN NANCY
REGION CODE ADDRESS : 345 HICKORY LANE
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94903
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031935810 MORTGAGORS: JEWELL PAUL
JEWELL TRUDY
REGION CODE ADDRESS : 909 RUBY COURT
01 CITY : RIPON
STATE/ZIP : CA 95366
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,288.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,035,900.00
P & I AMT: 13,741.17 UPB AMT: 2,034,769.88
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 331
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031935836 MORTGAGORS: VOTTO GARY
VOTTO KIM
REGION CODE ADDRESS : 19473 BARCLAY ROAD
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94546
MORTGAGE AMOUNT : 367,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,383.60 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031935869 MORTGAGORS: KERR WILLIAM
REGION CODE ADDRESS : 270 HILLVIEW AVENUE
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94062
MORTGAGE AMOUNT : 277,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,894.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99700
----------------------------------------------------------------------------
0 0031935877 MORTGAGORS: FAJARDO PEDDIE
FAJARDO CORAZON
REGION CODE ADDRESS : 161 CASTLETON WAY
01 CITY : SAN BRUNO
STATE/ZIP : CA 94066
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,568.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,882.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.85700
----------------------------------------------------------------------------
0 0031935885 MORTGAGORS: REGIS ROY
REGIS MARGARET
REGION CODE ADDRESS : 31 ROCA COURT
01 CITY : NOVATO
STATE/ZIP : CA 94947
MORTGAGE AMOUNT : 273,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,787.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.84200
----------------------------------------------------------------------------
0 0031935901 MORTGAGORS: KUHLMAN WILLIAM
KUHLMAN HELEN
REGION CODE ADDRESS : 5639 IROQUOIS COURT
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93063
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,811.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,442,250.00
P & I AMT: 9,736.36 UPB AMT: 1,441,416.42
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 332
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031935927 MORTGAGORS: MARTIN BRADLEY
MARTIN BERNARDITA
REGION CODE ADDRESS : 4237 KATIE LANE
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,514.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,891.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031935935 MORTGAGORS: HOLETON MARTIN
LEE YEE
REGION CODE ADDRESS : 3231 MARKET STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94114
MORTGAGE AMOUNT : 292,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,277.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,020.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031935950 MORTGAGORS: EDSEN BLAIR
EDSEN CHERYL
REGION CODE ADDRESS : 7302 JOSHUA CIRCLE
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,539.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031936016 MORTGAGORS: COX RUSSELL
COX MARY
REGION CODE ADDRESS : 266 SOUTH SANTA MARIA STREET,
01 CITY : ORANGE,
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,543.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,991.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031936032 MORTGAGORS: ANDREINI TIA
REGION CODE ADDRESS : 501 AVILA ROAD
01 CITY : SAN MATEO
STATE/ZIP : CA 94402
MORTGAGE AMOUNT : 345,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,418.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,266.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.91400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,497,500.00
P & I AMT: 10,033.37 UPB AMT: 1,495,293.49
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 333
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031936065 MORTGAGORS: TORRES ABLE
REGION CODE ADDRESS : 922 FIESTA WAY
01 CITY : WATSONVILLE
STATE/ZIP : CA 95076
MORTGAGE AMOUNT : 338,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,742.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,334.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.52900
----------------------------------------------------------------------------
0 0031936081 MORTGAGORS: ROQUE KATHYANN
REGION CODE ADDRESS : 239 SPURAWAY DRIVE
01 CITY : SAN MATEO
STATE/ZIP : CA 94403
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,771.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031936578 MORTGAGORS: CLEMENTE ROBERT
CLEMENTE DEBORAH
REGION CODE ADDRESS : 1 RAMBLING BROOK LANE
01 CITY : WARREN TWP.
STATE/ZIP : NJ 07059
MORTGAGE AMOUNT : 487,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 487,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,202.53 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 72.22200
----------------------------------------------------------------------------
0 0031936800 MORTGAGORS: BANKS DAVID
BANKS CAROLYN
REGION CODE ADDRESS : 20296 S MOUNTAIN ROAD
01 CITY : SANTA PAULA
STATE/ZIP : CA 93060
MORTGAGE AMOUNT : 328,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,240.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 53.39800
----------------------------------------------------------------------------
0 0031936834 MORTGAGORS: KENDIG EDWARD
PETERS REBECCA
REGION CODE ADDRESS : 165 BUNKER HILL
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,878.82 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 62.85700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,739,900.00
P & I AMT: 11,728.13 UPB AMT: 1,739,414.53
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 334
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031936859 MORTGAGORS: STIDHAM JOHN
REGION CODE ADDRESS : 1205 FUNSTON AVENUE
01 CITY : PACIFIC GROVE
STATE/ZIP : CA 93950
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,271.15 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 8.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031936883 MORTGAGORS: GREGER VICTOR
GREGER MAYTRIE
REGION CODE ADDRESS : 1707 OLMEDA STREET
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 328,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,029.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,467.54 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 8.25000 PRODUCT CODE : 002
LTV : 89.99800
----------------------------------------------------------------------------
0 0031936958 MORTGAGORS: HARDING BRUCE
HARDING MARY
REGION CODE ADDRESS : 44323 SAINT GERMAINE COURT
01 CITY : ASHBURN
STATE/ZIP : VA 20147
MORTGAGE AMOUNT : 284,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,042.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,796.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.99200
----------------------------------------------------------------------------
0 0031936982 MORTGAGORS: MCKENZIE BART
REGION CODE ADDRESS : 4505 FOXHALL CRESCENT NW
01 CITY : WASHINGTON
STATE/ZIP : DC 20007
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 474,218.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,160.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.06800
----------------------------------------------------------------------------
0 0031937063 MORTGAGORS: NGUYEN CONG
DANG JENNIFER
REGION CODE ADDRESS : 24662 VIA BUENA SUERTE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,569.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,743.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,641,750.00
P & I AMT: 11,438.94 UPB AMT: 1,639,860.10
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 335
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031937113 MORTGAGORS: GEISELMAN THOMAS
GEISELMAN MARILYN
REGION CODE ADDRESS : 87 HAGEMANN COURT
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95062
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,734.29 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.29100
----------------------------------------------------------------------------
0 0031937139 MORTGAGORS: BROWN ROBERT
BROWN LINDA
REGION CODE ADDRESS : 7754 PARTRIDGE HILL
01 CITY : BRIGHTON
STATE/ZIP : MI 48116
MORTGAGE AMOUNT : 295,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,348.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,043.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------------------
0 0031937147 MORTGAGORS: MIOTTO MICHAEL
MIOTTO CYNTHIA
REGION CODE ADDRESS : 4736 WINBERRY
01 CITY : MILFORD
STATE/ZIP : MI 48380
MORTGAGE AMOUNT : 255,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,100.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,742.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.61500
----------------------------------------------------------------------------
0 0031937212 MORTGAGORS: LY HONG
KIM SORIYA
REGION CODE ADDRESS : 4623 TUSCANI DRIVE
01 CITY : CYPRESS
STATE/ZIP : CA 90630
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,756.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,054.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.31800
----------------------------------------------------------------------------
0 0031937238 MORTGAGORS: ELWELL DENISE
ELWELL JAMES
REGION CODE ADDRESS : 1760 FLOWERS CROSSING DRIVE NE
01 CITY : GRAND RAPIDS
STATE/ZIP : MI 49505
MORTGAGE AMOUNT : 310,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,644.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,125.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.85500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,430,950.00
P & I AMT: 9,700.98 UPB AMT: 1,428,849.55
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 336
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031937246 MORTGAGORS: DURANTE STEVEN
DURANTE ELIZABETH
REGION CODE ADDRESS : 11000 SPRING HOUSE COURT
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 523,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 523,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,780.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/24
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.71400
----------------------------------------------------------------------------
0 0031937261 MORTGAGORS: HAGER TIMOTHY
HAGER KRISTEN
REGION CODE ADDRESS : 9480 BRYNDAL WAY NE
01 CITY : ADA TWP
STATE/ZIP : MI 49301
MORTGAGE AMOUNT : 550,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 548,831.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,996.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 77.46400
----------------------------------------------------------------------------
0 0031937279 MORTGAGORS: KIILUNEN JOHN
KIILUNEN MARY
REGION CODE ADDRESS : 3150 W. BEACH LAKE DRIVE
01 CITY : BRIGHTON
STATE/ZIP : MI 48116
MORTGAGE AMOUNT : 633,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 632,493.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,264.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.48800
----------------------------------------------------------------------------
0 0031937287 MORTGAGORS: AUBEL LEO
DENNISON ARRON
REGION CODE ADDRESS : 2021 W. CORTLAND
01 CITY : CHICAGO
STATE/ZIP : IL 60647
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 478,488.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,274.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.33800
----------------------------------------------------------------------------
0 0031937295 MORTGAGORS: POTTER MICHAEL
POTTER KATHLEEN
REGION CODE ADDRESS : 7822 PENINSULA DRIVE
01 CITY : TRAVERSE CITY
STATE/ZIP : MI 49686
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 408,342.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,693.41 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.90700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,596,000.00
P & I AMT: 18,008.97 UPB AMT: 2,591,156.56
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 337
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031937378 MORTGAGORS: SHAHEEN DANIEL
REGION CODE ADDRESS : 1366 FOXCROFT
01 CITY : EAST LANSING
STATE/ZIP : MI 48823
MORTGAGE AMOUNT : 385,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,821.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,691.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 64.16600
----------------------------------------------------------------------------
0 0031937386 MORTGAGORS: KELLEY JAMES
KELLEY JOANNE
REGION CODE ADDRESS : 19745 NORTH SHORE DRIVE
01 CITY : SPRING LAKE
STATE/ZIP : MI 49456
MORTGAGE AMOUNT : 353,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,189.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,438.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.90000
----------------------------------------------------------------------------
0 0031937394 MORTGAGORS: REINKE J
REINKE KATHLEEN
REGION CODE ADDRESS : 4569 LOGGERS RUN
01 CITY : GRAND RAPIDS
STATE/ZIP : MI 49525
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,962.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,929.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.61600
----------------------------------------------------------------------------
0 0031937402 MORTGAGORS: SHABERLY DAVID
SHABERLY PAMELA
REGION CODE ADDRESS : 580 S. STONY POINT
01 CITY : SUTTONS BAY
STATE/ZIP : MI 49682
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,620.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 61.44500
----------------------------------------------------------------------------
0 0031937410 MORTGAGORS: GORDON SCOTT
GORDON DIANE
REGION CODE ADDRESS : 26W400 GLEN EAGLES
01 CITY : WINFIELD
STATE/ZIP : IL 60190
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,364.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,841.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 63.52900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,539,000.00
P & I AMT: 10,684.77 UPB AMT: 1,534,958.78
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 338
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031937444 MORTGAGORS: CNOSSEN CORNELIUS
REGION CODE ADDRESS : 2065 - 76TH STREET SW
01 CITY : BYRON CENTER
STATE/ZIP : MI 49315
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,585.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,807.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.14900
----------------------------------------------------------------------------
0 0031937451 MORTGAGORS: FECHER MARK
FECHER ELLEN
REGION CODE ADDRESS : 228 MERRIWEATHER
01 CITY : GROSSE POINTE FARMS
STATE/ZIP : MI 48236
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,428.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,684.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031937469 MORTGAGORS: BRODIE JAMES
BRODIE LAURA
REGION CODE ADDRESS : 4821 EAST MEADOWS CT
01 CITY : GRAND RAPIDS
STATE/ZIP : MI 49546
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,430.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.01800
----------------------------------------------------------------------------
0 0031937477 MORTGAGORS: BECKMAN WILLIAM
BECKMAN WILLA
REGION CODE ADDRESS : 2021 LAKEWAY DRIVE
01 CITY : HOLLAND
STATE/ZIP : MI 49423
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,117.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,558.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031937501 MORTGAGORS: DICKHOLTZ MARSHALL
DICKHOLTZ LISA
REGION CODE ADDRESS : 646 RALEIGH ROAD
01 CITY : GLENVIEW
STATE/ZIP : IL 60025
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,684.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,463.48 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,647,000.00
P & I AMT: 11,227.26 UPB AMT: 1,644,246.01
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 339
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031937519 MORTGAGORS: RICHARDS DANIEL
RICHARDS KRISTA
REGION CODE ADDRESS : 409 OAK TREE
01 CITY : GLENDORA
STATE/ZIP : CA 91741
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 372,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,506.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031938053 MORTGAGORS: FIERENS-ANDERSON JULIE
REGION CODE ADDRESS : 3009 OAKWOOD DRIVE SE
01 CITY : EAST GRAND RAPIDS
STATE/ZIP : MI 49506
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,544.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.30 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031938061 MORTGAGORS: HOLWAY LEONARD
HOLWAY MARY
REGION CODE ADDRESS : 624 NORTH RIVERSIDE AVENUE
01 CITY : ST CLAIR
STATE/ZIP : MI 48079
MORTGAGE AMOUNT : 316,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,979.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,105.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.47000
----------------------------------------------------------------------------
0 0031938079 MORTGAGORS: LEE DAVID
LEE KIMBERLY
REGION CODE ADDRESS : 6400 DONNEGAL LANE SE
01 CITY : GRAND RAPIDS
STATE/ZIP : MI 49546
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,483.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,251.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 59.23000
----------------------------------------------------------------------------
0 0031938095 MORTGAGORS: BOWSHER NANCY
BOWSHER MARK
REGION CODE ADDRESS : 909 1/2 W BROAD ST.
01 CITY : LINDEN
STATE/ZIP : MI 48451
MORTGAGE AMOUNT : 263,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,349.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,749.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.14200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,545,500.00
P & I AMT: 10,325.14 UPB AMT: 1,543,356.82
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 340
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031938103 MORTGAGORS: RUMPH TIMOTHY
RUMPH SUSAN
REGION CODE ADDRESS : 3 MIDDLE POND LANE
01 CITY : SOUTHAMPTON
STATE/ZIP : NY 11968
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031938111 MORTGAGORS: DODMAN MICHELE
REGION CODE ADDRESS : 140 HARLAN
01 CITY : BLOOMFIELD
STATE/ZIP : MI 48304
MORTGAGE AMOUNT : 556,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 555,157.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,749.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.40600
----------------------------------------------------------------------------
0 0031938129 MORTGAGORS: BURROWS CHRISTOPHER
BURROWS CATHY
REGION CODE ADDRESS : 7609 MACARTHUR LANE
01 CITY : PORTAGE
STATE/ZIP : MI 49024
MORTGAGE AMOUNT : 300,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,755.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,999.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 61.95800
----------------------------------------------------------------------------
0 0031938137 MORTGAGORS: MIKULA PATRICK
MIKULA KAROL
REGION CODE ADDRESS : 2280 TUNNEL BREEZE COURT
01 CITY : HOLLAND
STATE/ZIP : MI 49424
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,189.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,263.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031938145 MORTGAGORS: COURY BRIAN
REGION CODE ADDRESS : 6559 BASSWOOD DRIVE
01 CITY : TROY
STATE/ZIP : MI 48098
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,340.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,773,000.00
P & I AMT: 11,968.78 UPB AMT: 1,769,442.87
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 341
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031938152 MORTGAGORS: MILLARD SUSAN
MILLARD WILLIAM
REGION CODE ADDRESS : 1605 BEARD DRIVE
01 CITY : GRAND RAPIDS
STATE/ZIP : MI 49546
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,491.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,217.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 84.96700
----------------------------------------------------------------------------
0 0031938160 MORTGAGORS: PRAGER JORDAN
PRAGER ANNE
REGION CODE ADDRESS : 1360 EDGEWOOD LANE
01 CITY : WINNETKA
STATE/ZIP : IL 60093
MORTGAGE AMOUNT : 407,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 406,347.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,742.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.00000
----------------------------------------------------------------------------
0 0031938194 MORTGAGORS: GROW STEPHEN
GROW BONNIE
REGION CODE ADDRESS : 7563 LEONARD ST NE
01 CITY : ADA
STATE/ZIP : MI 49301
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,518.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.42800
----------------------------------------------------------------------------
0 0031938202 MORTGAGORS: GRANGER DAWN
NASH LINDA
REGION CODE ADDRESS : 900 CAMBRIDGE DRIVE SE
01 CITY : EAST GRAND RAPIDS
STATE/ZIP : MI 49506
MORTGAGE AMOUNT : 323,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,093.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,207.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.80200
----------------------------------------------------------------------------
0 0031938210 MORTGAGORS: KOSTY DONALD
KOSTY CAROL
REGION CODE ADDRESS : 3515 CLOVERLEAF LANE
01 CITY : PORTAGE
STATE/ZIP : MI 49024
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,436.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,455.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.22600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,715,600.00
P & I AMT: 11,643.61 UPB AMT: 1,712,887.54
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 342
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031938228 MORTGAGORS: KHEDER NOBLE
KHEDER CAROLE
REGION CODE ADDRESS : 240 VICTORIAN HILLS
01 CITY : OKEMOS
STATE/ZIP : MI 48864
MORTGAGE AMOUNT : 419,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,093.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,863.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 52.46800
----------------------------------------------------------------------------
0 0031938236 MORTGAGORS: GAWEL JEFFREY
GAWEL KAREN
REGION CODE ADDRESS : 2261 GRAND VALLEY DR. NE
01 CITY : ADA
STATE/ZIP : MI 49301
MORTGAGE AMOUNT : 253,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,671.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,750.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99200
----------------------------------------------------------------------------
0 0031938244 MORTGAGORS: ANDERS JOSEPH
ANDERS KELLEY
REGION CODE ADDRESS : 123 TOURNAMENT DRIVE
01 CITY : GAYLORD
STATE/ZIP : MI 49735
MORTGAGE AMOUNT : 248,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,091.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,653.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.46100
----------------------------------------------------------------------------
0 0031938251 MORTGAGORS: ROZSA JOHN
ROZSA CHRISTINE
REGION CODE ADDRESS : 8019 KYLEY CT #79
01 CITY : CALEDONIA
STATE/ZIP : MI 49316
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,384.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,851.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031938269 MORTGAGORS: REDDING STEPHEN
REDDING DEBORAH
REGION CODE ADDRESS : 20465 ST LAURENCE DRIVE
01 CITY : CLINTON TOWNSHIP
STATE/ZIP : MI 48038
MORTGAGE AMOUNT : 610,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 609,390.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,267.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.25300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,800,000.00
P & I AMT: 12,385.55 UPB AMT: 1,796,631.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 343
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031938277 MORTGAGORS: IVERSON WILLIAM
IVERSON SUSAN
REGION CODE ADDRESS : 28273 ELBA
01 CITY : GROSSE ILE, MI
STATE/ZIP : MI 48138
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,175.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,387.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 48.27500
----------------------------------------------------------------------------
0 0031938285 MORTGAGORS: TIMMONS PAUL
TIMMONS MARY
REGION CODE ADDRESS : 8119 GINGER BROOK CT. SE
01 CITY : ADA
STATE/ZIP : MI 49301
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,391.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,830.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 83.72800
----------------------------------------------------------------------------
0 0031938293 MORTGAGORS: FORZLEY GREGORY
FORZLEY KATHY
REGION CODE ADDRESS : 1701 PONTIAC ROAD SE
01 CITY : EAST GRAND RAPIDS
STATE/ZIP : MI 49506
MORTGAGE AMOUNT : 370,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,920.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,527.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031938301 MORTGAGORS: KROHN DAVID
BUCHALTER- KROHN CYNTHIA
REGION CODE ADDRESS : 9134 PENINSULA DR
01 CITY : TRAVERSE CITY
STATE/ZIP : MI 49686
MORTGAGE AMOUNT : 260,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,632.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,797.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031938319 MORTGAGORS: AMAYA VICTOR
AMAYA LESLIE
REGION CODE ADDRESS : 719 PLYMOUTH AVE SE
01 CITY : EAST GRAND RAPIDS
STATE/ZIP : MI 49506
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,272.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,816.07 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 58.94700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,525,750.00
P & I AMT: 10,358.92 UPB AMT: 1,522,392.55
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 344
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031938343 MORTGAGORS: HOLSTER WILLIAM
HOLSTER CARMEN
REGION CODE ADDRESS : 620 DARTMOUTH AVENUE
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 355,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,486.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,278.23 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 72.61200
----------------------------------------------------------------------------
0 0031938350 MORTGAGORS: RAMIREZ RUBEN
RAMIREZ JULIA
REGION CODE ADDRESS : 1634 YORKSHIRE COURT
01 CITY : SAN DIMAS
STATE/ZIP : CA 91773
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,805.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,637.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031938368 MORTGAGORS: JOHNSON JEFFREY
JOHNSON SUZETTE
REGION CODE ADDRESS : 20709 NORTHEAST 38TH STREET
01 CITY : REDMOND
STATE/ZIP : WA 98053
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,786.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031938376 MORTGAGORS: DAVIS DONALD
MARKEWITZ-DAVIS MIA
REGION CODE ADDRESS : 66 CALLE CABRILLO
01 CITY : FOOTHILL RANCH
STATE/ZIP : CA 92610
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,697.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,364.94 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031938384 MORTGAGORS: SMITH TERRY
SMITH DUANE
REGION CODE ADDRESS : 802 RAINTREE COURT
01 CITY : WESTLAKE VILLAGE
STATE/ZIP : CA 91361
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,466.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,439.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/18
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,538,800.00
P & I AMT: 10,653.96 UPB AMT: 1,537,242.74
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 345
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031938434 MORTGAGORS: MOORE MICHAEL
MOORE RONNIELLE
REGION CODE ADDRESS : 33031 GREBE COURT
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,816.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,727.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031938467 MORTGAGORS: ZOCCHI MICHAEL
ZOCCHI PRISCILLA
REGION CODE ADDRESS : 2590 CHEYENNE COURT
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94598
MORTGAGE AMOUNT : 415,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 415,106.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,975.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.12300
----------------------------------------------------------------------------
0 0031938475 MORTGAGORS: MELINE LESLIE
REGION CODE ADDRESS : 540 LOS ALTOS COURT
01 CITY : SANTA ROSA
STATE/ZIP : CA 95403
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,713.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,328.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 62.61100
----------------------------------------------------------------------------
0 0031938483 MORTGAGORS: CHEN ZHI
DU FEI
REGION CODE ADDRESS : 270 EMARON DRIVE
01 CITY : SAN BRUNO
STATE/ZIP : CA 94066
MORTGAGE AMOUNT : 289,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,927.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031938491 MORTGAGORS: SMART KENT
CORTES-SMART LUCILLE
REGION CODE ADDRESS : 104 LEAFIELD ROAD
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 547,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 547,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,596.69 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,849,650.00
P & I AMT: 12,556.00 UPB AMT: 1,848,886.61
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 346
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031938509 MORTGAGORS: STEINMAN ARNOLD
STEINMAN SUSAN
REGION CODE ADDRESS : 2656 SOUTH FITCH MOUNTAIN ROAD
01 CITY : HEALDSBURG
STATE/ZIP : CA 95448
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.76744
----------------------------------------------------------------------------
0 0031938541 MORTGAGORS: ROLANDO LUIS
REGION CODE ADDRESS : 867 S. WOLFE ROAD
01 CITY : SUNNYVALE
STATE/ZIP : CA 94086
MORTGAGE AMOUNT : 283,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,789.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.48600
----------------------------------------------------------------------------
0 0031938566 MORTGAGORS: MOYNIHAN JOHN
MOYNIHAN KIM
REGION CODE ADDRESS : 27 VIAGGIO LANE
01 CITY : FOOTHILL RANCH
STATE/ZIP : CA 92610
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,768.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,806.56 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.62000
----------------------------------------------------------------------------
0 0031938590 MORTGAGORS: NEWELL RAYMOND
SUTTON DONNA
REGION CODE ADDRESS : 26035 CAMINO LARGO
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,788.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,655.47 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.20000
----------------------------------------------------------------------------
0 0031938608 MORTGAGORS: REUBELT SCOTT
REUBELT DORENE
REGION CODE ADDRESS : 34893 HERRINGBONE WAY
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,778.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,937.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,394,000.00
P & I AMT: 9,348.98 UPB AMT: 1,393,125.66
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 347
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031938624 MORTGAGORS: KING THADIAS BURTRUN
REGION CODE ADDRESS : 7559 SAN BARI WAY
01 CITY : GOLETA
STATE/ZIP : CA 93117
MORTGAGE AMOUNT : 279,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,292.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,954.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.74500
----------------------------------------------------------------------------
0 0031938632 MORTGAGORS: ROSE COREY
ROSE GINA
REGION CODE ADDRESS : 22601 NAPA STREET
01 CITY : WEST HILLS
STATE/ZIP : CA 91304
MORTGAGE AMOUNT : 249,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,405.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,702.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031938640 MORTGAGORS: SCHOFIELD ROBERT
SCHOFIELD KAREN
REGION CODE ADDRESS : 5 OCEAN RIDGE DRIVE
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 495,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 494,573.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,210.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.43600
----------------------------------------------------------------------------
0 0031938665 MORTGAGORS: WASHBURNE BRENTON
WASHBURNE LAURIE
REGION CODE ADDRESS : 164 GLASGOW LANE
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,747.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 36.80900
----------------------------------------------------------------------------
0 0031938673 MORTGAGORS: ZIEFF RICHARD
STUART ALISON
REGION CODE ADDRESS : 341 N. LAUREL AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90048
MORTGAGE AMOUNT : 334,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,504.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,143.77 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,658,900.00
P & I AMT: 10,982.14 UPB AMT: 1,657,524.25
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 348
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031938681 MORTGAGORS: MAZLOMI FARSHAD
REGION CODE ADDRESS : 8810 E. HEATHERWOOD ROAD
01 CITY : ANAHEIM HILLS
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 244,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,754.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,650.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.98200
----------------------------------------------------------------------------
0 0031938707 MORTGAGORS: KELLY WILLIAM
KELLY MONICA
REGION CODE ADDRESS : 1852 OXLEY STREET
01 CITY : SOUTH PASADENA
STATE/ZIP : CA 91030
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,769.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,671.22 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 72.50000
----------------------------------------------------------------------------
0 0031938723 MORTGAGORS: CONWAY GARY
CONWAY RENEE
REGION CODE ADDRESS : 3401 LANG RANCH PARKWAY
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 262,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,007.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,724.11 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------------------
0 0031938780 MORTGAGORS: STOUT JACK
STOUT DIANA
REGION CODE ADDRESS : 9142 EL VERANO WAY
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 266,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,147.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,839.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.98600
----------------------------------------------------------------------------
0 0031938798 MORTGAGORS: GLASGOW STUART
REGION CODE ADDRESS : 420 AIRSTREAM COURT
01 CITY : SCOTTS VALLEY
STATE/ZIP : CA 95066
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,780.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,302,750.00
P & I AMT: 8,668.25 UPB AMT: 1,301,459.22
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 349
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031938830 MORTGAGORS: LUFKIN CHARLES
LUFKIN MARILYN
REGION CODE ADDRESS : 44-527 KANEOHE BAY DRIVE
01 CITY : KANEOHE
STATE/ZIP : HI 96744
MORTGAGE AMOUNT : 515,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 514,110.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,340.29 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 73.57100
----------------------------------------------------------------------------
0 0031938863 MORTGAGORS: BARNES DEAN
REGION CODE ADDRESS : 4063 LATIGO CANYON ROAD
01 CITY : MALIBU
STATE/ZIP : CA 52804
MORTGAGE AMOUNT : 316,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,310.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,213.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.12500
----------------------------------------------------------------------------
0 0031938871 MORTGAGORS: CASSIDY RICHARD
CASSIDY LOIS
REGION CODE ADDRESS : 10 MILFORD DRIVE
01 CITY : MARLTON
STATE/ZIP : NJ 08053
MORTGAGE AMOUNT : 429,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 428,783.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,788.33 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------------------
0 0031938897 MORTGAGORS: MUELLER JOHN
REGION CODE ADDRESS : 419 CANYON CREST DRIVE
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 287,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,352.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,865.37 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99500
----------------------------------------------------------------------------
0 0031938905 MORTGAGORS: GRAY JOHN
JIANOS JEAN
REGION CODE ADDRESS : 10746 RIVERSCAPE RUN
01 CITY : GREAT FALLS
STATE/ZIP : VA 22066
MORTGAGE AMOUNT : 559,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 558,234.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,626.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 73.57800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,108,200.00
P & I AMT: 13,833.98 UPB AMT: 2,103,791.49
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 350
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031939085 MORTGAGORS: RICHTER JOHN
REGION CODE ADDRESS : 10512 DAYSAILER DRIVE
01 CITY : FAIRFAX STATION
STATE/ZIP : VA 22039
MORTGAGE AMOUNT : 253,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,704.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.06200
----------------------------------------------------------------------------
0 0031939101 MORTGAGORS: HARDACRE MARK
REGION CODE ADDRESS : 6353 ARLINGTON DRIVE
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 310,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,039.11 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031939168 MORTGAGORS: STEVENS BRUCE
STEVENS DALE
REGION CODE ADDRESS : 13923 COUNTRY CREEK ROAD
01 CITY : POWAY
STATE/ZIP : CA 92064
MORTGAGE AMOUNT : 316,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,134.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031939184 MORTGAGORS: VARGAS LOUIS
DIAZ DORA
REGION CODE ADDRESS : 107 KATHLEEN COURT
01 CITY : PACIFICA
STATE/ZIP : CA 94044
MORTGAGE AMOUNT : 353,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,291.17 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.38200
----------------------------------------------------------------------------
0 0031939192 MORTGAGORS: PEARSON KIB
PEARSON LILY
REGION CODE ADDRESS : 32912 BUCCANEER STREET
01 CITY : DANA POINT
STATE/ZIP : CA 92629
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,675.17 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 72.85700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,488,450.00
P & I AMT: 9,844.30 UPB AMT: 1,488,450.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 351
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031939390 MORTGAGORS: KONG KENNY
KONG SUNNIE
REGION CODE ADDRESS : 1569 EMERALD LANE
01 CITY : DIAMOND BAR
STATE/ZIP : CA 91765
MORTGAGE AMOUNT : 368,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 368,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,419.47 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------------------
0 0031939499 MORTGAGORS: ROSENBERG ALAN
ROSENBERG CAROLYN
REGION CODE ADDRESS : 920 PORTSWOOD CIRCLE
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,048.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.88500
----------------------------------------------------------------------------
0 0031939556 MORTGAGORS: YAN GANG
PEI JIN
REGION CODE ADDRESS : 1214 HAZEL PLACE
01 CITY : COSTA MESA
STATE/ZIP : CA 92626
MORTGAGE AMOUNT : 254,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,609.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------------------
0 0031939697 MORTGAGORS: SCROFANO ROBERT
SCROFANO SUZANNE
REGION CODE ADDRESS : 4960 KILBURN COURT
01 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 434,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 434,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,746.34 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 68.96800
----------------------------------------------------------------------------
0 0031939739 MORTGAGORS: HARRIS ANDREW
HARRIS LAURA
REGION CODE ADDRESS : 14104 BLUE ASH WAY
01 CITY : ROCKVILLE
STATE/ZIP : MD 20850
MORTGAGE AMOUNT : 340,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,433.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,149.35 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.99700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,701,450.00
P & I AMT: 10,972.51 UPB AMT: 1,700,833.51
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 352
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031940000 MORTGAGORS: RHODEMAN THOMAS
REGION CODE ADDRESS : 7429 SPYGLASS DRIVE
01 CITY : MODESTO
STATE/ZIP : CA 95356
MORTGAGE AMOUNT : 354,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,709.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,355.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.95600
----------------------------------------------------------------------------
0 0031940133 MORTGAGORS: PERRY DENNIS
ENGLE TRACY
REGION CODE ADDRESS : 2283 PASEO SAUCEDAL
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 269,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,289.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,838.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 64.24000
----------------------------------------------------------------------------
0 0031940224 MORTGAGORS: PHILLIPS THOMAS
PHILLIPS WANDA
REGION CODE ADDRESS : 1708 JORDANS PARISH PLACE
01 CITY : VIRGINIA BEACH
STATE/ZIP : VA 23455
MORTGAGE AMOUNT : 385,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,259.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,469.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031940281 MORTGAGORS: ALMAGUER LETICIA
SUNDA REBECCA
REGION CODE ADDRESS : 2402 YARROW STREET
01 CITY : HOLLISTER
STATE/ZIP : CA 95023
MORTGAGE AMOUNT : 261,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,015.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,871.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 94.98527
----------------------------------------------------------------------------
0 0031940307 MORTGAGORS: ROSOLIE WILLIAM
ROSOLIE ANDREA
REGION CODE ADDRESS : 7 CARDINAL AVENUE
01 CITY : EDISON
STATE/ZIP : NJ 08820
MORTGAGE AMOUNT : 258,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,876.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,529,050.00
P & I AMT: 10,410.07 UPB AMT: 1,528,025.03
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 353
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031940315 MORTGAGORS: GUDENAS INGRID
PEARCE RANDY
REGION CODE ADDRESS : 150 CAPRICORN AVENUE
01 CITY : OAKLAND
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 287,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,764.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,909.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.72200
----------------------------------------------------------------------------
0 0031940349 MORTGAGORS: GUTIERREZ CHRISTOPHER
GUTIERREZ SHANNA
REGION CODE ADDRESS : 3132 STEVELY AVENUE
01 CITY : LONG BEACH
STATE/ZIP : CA 90808
MORTGAGE AMOUNT : 244,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,959.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,665.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031940406 MORTGAGORS: BROOKS ALBERT
BROOKS DOROTHY
REGION CODE ADDRESS : 12070 TARTAN WAY
01 CITY : OAKLAND
STATE/ZIP : CA 94610
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,188.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,243.00 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031940414 MORTGAGORS: JOHNSON LINNEA
VASQUEZ MARCIA
REGION CODE ADDRESS : 485-485A ARLINGTON STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94131
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,753.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,406.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031940422 MORTGAGORS: WILSON ROBERT
REGION CODE ADDRESS : 11622 OTSEGO STREET
01 CITY : NORTH HOLLYWOOD
STATE/ZIP : CA 91601
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,001.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 78.85700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,647,150.00
P & I AMT: 11,225.65 UPB AMT: 1,645,667.15
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 354
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031940455 MORTGAGORS: NILES REGINALD
NILES LORRAINE
REGION CODE ADDRESS : 1192 LENARK COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95132
MORTGAGE AMOUNT : 295,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,958.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,963.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031940463 MORTGAGORS: MC EWING TONY
MC EWING SHEARON
REGION CODE ADDRESS : 13758 MAGNOLIA BOULEVARD
01 CITY : LOS ANGELES, SHERMAN OAKS
STATE/ZIP : CA 91423
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,434.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,972.05 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031940497 MORTGAGORS: KUCSERKA CHARLES
KUCSERKA GRETCHEN
REGION CODE ADDRESS : 110 ALDER AVENUE
01 CITY : SAN ANSELMO
STATE/ZIP : CA 94960
MORTGAGE AMOUNT : 412,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,779.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031940513 MORTGAGORS: TEODOSIO HENRY
TEODOSIO IMELDA
REGION CODE ADDRESS : 35282 PRESTON PLACE
01 CITY : NEWARK
STATE/ZIP : CA 94560
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,684.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 64.57500
----------------------------------------------------------------------------
0 0031940521 MORTGAGORS: NYE RICHARD
NYE BEVERLY
REGION CODE ADDRESS : 6640 FREEDOM BOULEVARD
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 509,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 509,450.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,220.07 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 78.98400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,776,150.00
P & I AMT: 11,620.16 UPB AMT: 1,775,342.40
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 355
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031941206 MORTGAGORS: MCCORMICK JOHN
MCCORMICK CHRISTINA
REGION CODE ADDRESS : 2213 OLYMPIA AVE NE
01 CITY : RENTON
STATE/ZIP : WA 98056
MORTGAGE AMOUNT : 328,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,296.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031941214 MORTGAGORS: SWANLUND RANDAL
SWANLUND BECKY
REGION CODE ADDRESS : 5531 ELIZABETH AVENUE SE.
01 CITY : AUBURN
STATE/ZIP : WA 98092
MORTGAGE AMOUNT : 288,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,015.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.80200
----------------------------------------------------------------------------
0 0031941230 MORTGAGORS: BENZING DAVID
BENZING RUTH
REGION CODE ADDRESS : 1203 FOXWORTHY AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95118
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,809.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,726.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 53.76300
----------------------------------------------------------------------------
0 0031941255 MORTGAGORS: BEIERLE ROBERT
BEIERLE SALLY
REGION CODE ADDRESS : 20980 GOLD RUN DRIVE
01 CITY : DIAMOND BAR
STATE/ZIP : CA 91765
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,782.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,763.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.94100
----------------------------------------------------------------------------
0 0031941271 MORTGAGORS: BAKER JOEL
BAKER KATHY
REGION CODE ADDRESS : 18735 RANCHITO DEL RIO DRIVE
01 CITY : SALINAS
STATE/ZIP : CA 93908
MORTGAGE AMOUNT : 445,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 444,661.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,073.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.95000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,576,700.00
P & I AMT: 10,875.32 UPB AMT: 1,575,953.93
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 356
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031941289 MORTGAGORS: HORNA EDWIN
DEMES MONIKA
REGION CODE ADDRESS : 291 MORAGA WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95119
MORTGAGE AMOUNT : 340,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,234.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031941339 MORTGAGORS: APPERSON RONALD
APPERSON PERKY
REGION CODE ADDRESS : 3357 WALTON WAY,
01 CITY : SAN JOSE,
STATE/ZIP : CA 95117
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,771.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031941354 MORTGAGORS: HANSON JOHN
HANSON CHRISTINE
REGION CODE ADDRESS : 2439 E DENISE AVE
01 CITY : ORANGE
STATE/ZIP : CA 92867
MORTGAGE AMOUNT : 378,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,690.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,514.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031941362 MORTGAGORS: STRAUS JAY
STRAUS ILEANA
REGION CODE ADDRESS : 5914 THORNTREE DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,648.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,964.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 67.69200
----------------------------------------------------------------------------
0 0031941370 MORTGAGORS: SIMPSON IVAN
REGION CODE ADDRESS : 21261 NORTH BAY DRIVE
01 CITY : SPIRIT LAKE
STATE/ZIP : IA 51360
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,762.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,073.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,762,200.00
P & I AMT: 11,859.95 UPB AMT: 1,761,072.85
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 357
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031941396 MORTGAGORS: MATISTA JOSEPH
COXEY DIANE
REGION CODE ADDRESS : 6118 TRAVERS WAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92122
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,744.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,926.34 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.18900
----------------------------------------------------------------------------
0 0031941404 MORTGAGORS: GOTTFRIED HARRY
GOTTFRIED ALEECE
REGION CODE ADDRESS : 905 JANET LANE
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,757.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,969.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031941412 MORTGAGORS: SONG BRYAN
SONG SUSIE
REGION CODE ADDRESS : 1627 POST AVENUE
01 CITY : TORRANCE
STATE/ZIP : CA 90501
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,806.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,691.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031941461 MORTGAGORS: ORAK BARBARA
REGION CODE ADDRESS : 4373 25TH STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94114
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,791.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,821.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 62.82300
----------------------------------------------------------------------------
0 0031941487 MORTGAGORS: DE LEON RICHARD
DE LEON CECILIA
REGION CODE ADDRESS : 1649 ALBEMARLE WAY
01 CITY : BURLINGAME
STATE/ZIP : CA 94010
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,377.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.55500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,448,000.00
P & I AMT: 9,786.19 UPB AMT: 1,447,099.90
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 358
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031941495 MORTGAGORS: SAXELBY ANTHONY
SAXELBY DENISE
REGION CODE ADDRESS : 1178 ALAMEDA DE LAS PULGAS
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94061
MORTGAGE AMOUNT : 287,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,286.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,010.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.86100
----------------------------------------------------------------------------
0 0031941503 MORTGAGORS: LEE DAL
LEE YOUNG
REGION CODE ADDRESS : 21946 SORREL COURT,
01 CITY : WALNUT,
STATE/ZIP : CA 91789
MORTGAGE AMOUNT : 452,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 452,410.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,936.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031941511 MORTGAGORS: SMITHLINE ADAM
SMITHLINE NANCY
REGION CODE ADDRESS : 1228 YORKSHIRE DRIVE
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 441,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 440,829.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,898.37 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031941602 MORTGAGORS: GUMPENBERGER W.
GUMPENBERGER MARY
REGION CODE ADDRESS : 1717 NW GREGORY DRIVE
01 CITY : VANCOUVER
STATE/ZIP : WA 98665
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,067.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,806.56 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.92400
----------------------------------------------------------------------------
0 0031941677 MORTGAGORS: KALMBACH ROBERT
KALMBACH LISA
REGION CODE ADDRESS : 517 ORCHID AVENUE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 293,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,793.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,099.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 59.20000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,749,500.00
P & I AMT: 11,751.13 UPB AMT: 1,747,387.18
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 359
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031941719 MORTGAGORS: CARY BRUCE
CARY DEANN
REGION CODE ADDRESS : 212 RIVERFIELD COURT
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 428,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 427,631.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,776.00 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031941727 MORTGAGORS: TOMITA MELANIE
TOMITA CHARLOTTE
REGION CODE ADDRESS : 8608 E. SUNNYWALK LANE
01 CITY : ANAHEIM HILLS
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 275,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,688.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,699.08 OUTSIDE CONV DATE :
LIFETIME RATE : 6.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.25000 PRODUCT CODE : 002
LTV : 79.98700
----------------------------------------------------------------------------
0 0031941750 MORTGAGORS: STOUFFER KEITH
STOUFFER DANA
REGION CODE ADDRESS : 7249 STONEDALE DRIVE
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,989.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031941792 MORTGAGORS: MARIS JERRY
MARIS CHARLOTTE
REGION CODE ADDRESS : 3730 CANNES PLACE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95403
MORTGAGE AMOUNT : 283,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,950.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,865.35 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 72.81700
----------------------------------------------------------------------------
0 0031941800 MORTGAGORS: OSBORN LAWRENCE
OSBORN RACHAEL
REGION CODE ADDRESS : 536 MARSHALL ROAD SW
01 CITY : VIENNA
STATE/ZIP : VA 22180
MORTGAGE AMOUNT : 294,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,984.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,570,400.00
P & I AMT: 10,313.69 UPB AMT: 1,569,769.66
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 360
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031942154 MORTGAGORS: SPRINGFIELD PHILIP
SPRINGFIELD CHERYL
REGION CODE ADDRESS : 193 LAKE ALMADOR WEST DRIVE
01 CITY : CHESTER
STATE/ZIP : CA 96020
MORTGAGE AMOUNT : 361,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 361,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,497.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031942709 MORTGAGORS: BOUCHER THOMAS
BOUCHER ANNE
REGION CODE ADDRESS : 18 MIKRO
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 398,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,782.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.91900
----------------------------------------------------------------------------
0 0031943020 MORTGAGORS: GIBB RULON
GIBB CAROLYN
REGION CODE ADDRESS : 8 WALSTON WALK COURT
01 CITY : BETHANY BEACH
STATE/ZIP : DE 19930
MORTGAGE AMOUNT : 253,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,302.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031943061 MORTGAGORS: BACLIT RAMON
SEVILLA-BACLIT THERESA
REGION CODE ADDRESS : 34884 TRAVERTINE WAY
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,801.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,873.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.79000
----------------------------------------------------------------------------
0 0031943095 MORTGAGORS: RAMAN VENKATRAMA
RAMAN VIJAYALAKSHMI
REGION CODE ADDRESS : 25231 MISTYRIDGE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,756.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,767.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,557,100.00
P & I AMT: 10,650.84 UPB AMT: 1,556,459.83
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 361
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031943103 MORTGAGORS: ALBERT WILLIAM
ALBERT ANNETTE
REGION CODE ADDRESS : 21 WEST YALE LOOP
01 CITY : IRVINE
STATE/ZIP : CA 92604
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031943137 MORTGAGORS: BOESE MICHAEL
BOESE AMY
REGION CODE ADDRESS : 1101 CARLOS PRIVADA
01 CITY : MOUNTAIN VIEW
STATE/ZIP : CA 94040
MORTGAGE AMOUNT : 453,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 453,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,094.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.00000
----------------------------------------------------------------------------
0 0031943202 MORTGAGORS: SEMMOUD ABDELKRIM
SEMMOUD ZAKYA
REGION CODE ADDRESS : 3111 WINDMILL CANYON DRIVE
01 CITY : CLAYTON
STATE/ZIP : CA 94517
MORTGAGE AMOUNT : 303,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,888.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,966.23 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------------------
0 0031943210 MORTGAGORS: BOTELL ROBERT
BOTELL DAVALYNN
REGION CODE ADDRESS : 36 LILY COURT
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 341,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,583.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,332.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------------------
0 0031943228 MORTGAGORS: VALENCIA JUANA
REGION CODE ADDRESS : 304 PERSIAN DRIVE
01 CITY : SUNNYVALE
STATE/ZIP : CA 94089
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,641.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,605,600.00
P & I AMT: 10,892.53 UPB AMT: 1,604,713.61
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 362
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031943715 MORTGAGORS: HOFFEDITZ STEPHEN
REGION CODE ADDRESS : 4607 FRANKLIN STREET
01 CITY : KENSINGTON
STATE/ZIP : MD 20895
MORTGAGE AMOUNT : 292,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,050.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,918.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 94.98900
----------------------------------------------------------------------------
0 0031943798 MORTGAGORS: FIELDS LINDA
REGION CODE ADDRESS : 6174 MANCHESTER PARK CIRCLE
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22310
MORTGAGE AMOUNT : 251,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,653.82 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031944150 MORTGAGORS: MOORE MICHAEL
REGION CODE ADDRESS : 427 BAKER STREET
01 CITY : ORLANDO
STATE/ZIP : FL 32806
MORTGAGE AMOUNT : 355,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,805.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/19
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.00000
----------------------------------------------------------------------------
0 0031944218 MORTGAGORS: PON RUSSELL
PON THERESA
REGION CODE ADDRESS : 222 MARIGOLD STREET
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 332,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,490.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,269.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99000
----------------------------------------------------------------------------
0 0031944226 MORTGAGORS: NAGORSKI STEPHEN
REGION CODE ADDRESS : 4009 HUMMINGBIRD WAY
01 CITY : CLAYTON
STATE/ZIP : CA 94517
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,770.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,725.28 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 76.73900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,497,550.00
P & I AMT: 10,373.45 UPB AMT: 1,497,061.39
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 363
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031944275 MORTGAGORS: WOOD WILLIAM
WOOD AGUEDA
REGION CODE ADDRESS : 4003 HUMMINGBIRD WAY
01 CITY : CLAYTON
STATE/ZIP : CA 94517
MORTGAGE AMOUNT : 321,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,736.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,135.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.97700
----------------------------------------------------------------------------
0 0031944333 MORTGAGORS: WEYLAND TIM
SMITH LISA
REGION CODE ADDRESS : 8260 SKYLINE CIRCLE
01 CITY : OAKLAND
STATE/ZIP : CA 94605
MORTGAGE AMOUNT : 343,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 342,918.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,283.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.97800
----------------------------------------------------------------------------
0 0031944630 MORTGAGORS: ANDREWS RICHARD
ANDREWS CYNTHIA
REGION CODE ADDRESS : 434 EDGEMONT DRIVE
01 CITY : REDLANDS
STATE/ZIP : CA 92373
MORTGAGE AMOUNT : 427,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 427,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,876.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.93600
----------------------------------------------------------------------------
0 0031944754 MORTGAGORS: GOODMAN STEVEN
GOODMAN DONNA
REGION CODE ADDRESS : 4742 FINCHLEY TERRACE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 549,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 549,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,745.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.62500
----------------------------------------------------------------------------
0 0031945355 MORTGAGORS: KANE CHRISTOPHER
KANE NANCY
REGION CODE ADDRESS : 8885 CALLE PERICO
01 CITY : SAN DIEGO
STATE/ZIP : CA 92129
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,805.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,892,200.00
P & I AMT: 12,846.24 UPB AMT: 1,891,655.55
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 364
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031945454 MORTGAGORS: PARDEE STEVEN
REGION CODE ADDRESS : 1439 SEA RIDGE DRIVE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 410,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.33300
----------------------------------------------------------------------------
0 0031945512 MORTGAGORS: DANIELLS RICHARD
DANIELLS VALERIE
REGION CODE ADDRESS : 34135 CALLE LA PRIMAVERA
01 CITY : DANA POINT
STATE/ZIP : CA 92629
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 410,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,762.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.54500
----------------------------------------------------------------------------
0 0031945546 MORTGAGORS: THOMAS GREGORY
THOMAS MACY
REGION CODE ADDRESS : 32 CORTE DE ROSAS
01 CITY : MORAGA
STATE/ZIP : CA 94556
MORTGAGE AMOUNT : 356,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 356,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,489.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.11100
----------------------------------------------------------------------------
0 0031945660 MORTGAGORS: COLLINSWORTH SEAN
COLLINSWORTH TRACY
REGION CODE ADDRESS : 1400 FARNAM ROAD
01 CITY : OJAI (AREA OF OJAI)
STATE/ZIP : CA 93023
MORTGAGE AMOUNT : 424,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,176.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,931.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.18100
----------------------------------------------------------------------------
0 0031945926 MORTGAGORS: MEANS OTIS
DRAPER SARA
REGION CODE ADDRESS : 4031 SCHWEEN COURT
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,878.82 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 65.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,886,500.00
P & I AMT: 12,893.96 UPB AMT: 1,886,176.99
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 365
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031945975 MORTGAGORS: ANDERSON CARL
ANDERSON LINDA
REGION CODE ADDRESS : 5627 SUNDOWN LANE
01 CITY : TRES PINOS
STATE/ZIP : CA 95075
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,754.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 57.14200
----------------------------------------------------------------------------
0 0031946163 MORTGAGORS: DIAMOND MARK
DIAMOND CHERYL
REGION CODE ADDRESS : 36 MOCCASIN LANE
01 CITY : ROLLING HILLS ESTATES
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 592,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 592,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,991.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031946197 MORTGAGORS: CHRISTIAN WILLIAM
SEAVEY-CHRISTIAN LORI
REGION CODE ADDRESS : 1437 2ND STREET
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 522,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 522,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,516.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 67.79200
----------------------------------------------------------------------------
0 0031946213 MORTGAGORS: BARNETT LOUIS
BARNETT GERALDINE
REGION CODE ADDRESS : 1219 FORD AVENUE
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90278
MORTGAGE AMOUNT : 266,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,771.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031946361 MORTGAGORS: CHEJLAVA EDWARD
HARCOURT TRACY
REGION CODE ADDRESS : 336 COURTLAND DRIVE
01 CITY : SAN BRUNO
STATE/ZIP : CA 94066
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 59.55000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,945,750.00
P & I AMT: 13,016.73 UPB AMT: 1,945,504.09
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 366
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031946387 MORTGAGORS: COHEN ABE
COHEN CAMILLE
REGION CODE ADDRESS : 7845 BELLAKAREN PLACE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 370,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,524.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.15800
----------------------------------------------------------------------------
0 0031946403 MORTGAGORS: KESTENBAUM DAVID
KESTENBAUM JANET
REGION CODE ADDRESS : 1597 HEATHER OAKS LANE
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91360
MORTGAGE AMOUNT : 406,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 406,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,634.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 53.96000
----------------------------------------------------------------------------
0 0031946429 MORTGAGORS: VELLIOS PETER
VELLIOS MARY
REGION CODE ADDRESS : 3572 LYNX DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95136
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,763.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.94800
----------------------------------------------------------------------------
0 0031946445 MORTGAGORS: REFAEIL RAMIN
REGION CODE ADDRESS : 1433 DONHILL DRIVE
01 CITY : BEVERLY HILLS
STATE/ZIP : CA 90210
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,496.33 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 38.00000
----------------------------------------------------------------------------
0 0031946452 MORTGAGORS: ARUFFO TOM
REGION CODE ADDRESS : 2218 NORTH THIRD AVE
01 CITY : UPLAND
STATE/ZIP : CA 91784
MORTGAGE AMOUNT : 378,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 378,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,546.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,799,250.00
P & I AMT: 11,965.04 UPB AMT: 1,799,250.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 367
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031946460 MORTGAGORS: LIPUS CRAIG
LIPUS ROBIN
REGION CODE ADDRESS : 19692 TORRES WAY
01 CITY : TRABUCO CANYON
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,425.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031946478 MORTGAGORS: FOOTE BRYAN
FOOTE WENDY
REGION CODE ADDRESS : 1507 WOODSON
01 CITY : SAN JOSE
STATE/ZIP : CA 95118
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,945.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031946494 MORTGAGORS: PERRY HENRY
PERRY JANE
REGION CODE ADDRESS : 2372 EDGEHILL ROAD
01 CITY : VISTA
STATE/ZIP : CA 92084
MORTGAGE AMOUNT : 398,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,681.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.36300
----------------------------------------------------------------------------
0 0031946528 MORTGAGORS: MOVASSAGHI BAHRAM
VAZIR MAHNAZ
REGION CODE ADDRESS : 3400 AYARS CANYON WAY
01 CITY : GLENDALE
STATE/ZIP : CA 91208
MORTGAGE AMOUNT : 562,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 562,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,695.23 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 61.81300
----------------------------------------------------------------------------
0 0031946551 MORTGAGORS: DRNEK JOSEPH
DRNEK SHELLEY
REGION CODE ADDRESS : 1647 GATES AVENUE
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 502,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 502,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,343.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,123,000.00
P & I AMT: 14,090.97 UPB AMT: 2,123,000.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 368
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031946577 MORTGAGORS: CUNHA ANTHONY
PORTER CUNHA CATHERINE
REGION CODE ADDRESS : 117 ROCKY POINT ROAD
01 CITY : PALOS VERDES ESTATES
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 649,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,950.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,324.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.92300
----------------------------------------------------------------------------
0 0031946585 MORTGAGORS: ASHAMALLA MICHAEL
ORR-ASHAMALLA DENISE
REGION CODE ADDRESS : 5028 LILLIAN STREET
01 CITY : TORRANCE
STATE/ZIP : CA 90503
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,740.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.14200
----------------------------------------------------------------------------
0 0031946593 MORTGAGORS: MASON RICKY
MASON LINDA
REGION CODE ADDRESS : 215 RICHARDSON STREET
01 CITY : SAUSALITO
STATE/ZIP : CA 94965
MORTGAGE AMOUNT : 367,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,412.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031946627 MORTGAGORS: KAKULAWARAM RAMACHANDRA
KAKULAWARAM KALPANA
REGION CODE ADDRESS : 24 NEVADA
01 CITY : IRVINE
STATE/ZIP : CA 92606
MORTGAGE AMOUNT : 371,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,410.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.97900
----------------------------------------------------------------------------
0 0031946643 MORTGAGORS: GHAZVINI SAEED
REGION CODE ADDRESS : 913 CAROLA AVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95130
MORTGAGE AMOUNT : 275,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,788.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,988,650.00
P & I AMT: 13,118.92 UPB AMT: 1,988,390.90
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 369
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031946833 MORTGAGORS: MOORE JOHN
MOORE MICHELLE
REGION CODE ADDRESS : 1702 NORA LANE
01 CITY : PETALUMA
STATE/ZIP : CA 94952
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,455.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.72700
----------------------------------------------------------------------------
0 0031946957 MORTGAGORS: TAGUE DIANA
DOMINGUEZ ANGEL
REGION CODE ADDRESS : 273 LONGRIDGE ROAD
01 CITY : LOS GATOS
STATE/ZIP : CA 95032
MORTGAGE AMOUNT : 442,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 442,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,128.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 67.17300
----------------------------------------------------------------------------
0 0031946965 MORTGAGORS: FUKUYAMA HIROKI
FUKUYAMA EILEEN
REGION CODE ADDRESS : 9859 CARRARA CIRCLE
01 CITY : CYPRESS
STATE/ZIP : CA 90630
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,619.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.56300
----------------------------------------------------------------------------
0 0031947096 MORTGAGORS: NASEER NASIM
REGION CODE ADDRESS : 25011 CASTLEWOOD
01 CITY : LAKE FOREST
STATE/ZIP : CA 92630
MORTGAGE AMOUNT : 271,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,875.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.99800
----------------------------------------------------------------------------
0 0031947112 MORTGAGORS: HAUSER JOHN
HAUSER KATHRYN
REGION CODE ADDRESS : 26545 MIKANOS DRIVE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,800.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,953.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,733,600.00
P & I AMT: 12,033.25 UPB AMT: 1,733,400.23
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 370
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031947120 MORTGAGORS: NEPOMUCENO ERWIN
NEPOMUCENO LUCY
REGION CODE ADDRESS : 5259 VISTA HERMOSA
01 CITY : CYPRESS
STATE/ZIP : CA 90630
MORTGAGE AMOUNT : 280,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,591.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,963.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031947617 MORTGAGORS: FURUKAWA MASAAKI
FURUKAWA ATSUKO
REGION CODE ADDRESS : 5814 MCDONIE AVENUE
01 CITY : WOODLAND HILLS (AREA)
STATE/ZIP : CA 91367
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,969.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.96900
----------------------------------------------------------------------------
0 0031947674 MORTGAGORS: HUNTER JACQUES
HUNTER KARIMA
REGION CODE ADDRESS : 1215 GOLDENROD AVENUE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 518,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 518,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,489.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.06600
----------------------------------------------------------------------------
0 0031947716 MORTGAGORS: HOLDEN JAMES
HOLDEN ANGELA
REGION CODE ADDRESS : 5240 PORTILLO VALLEY DRIVE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 397,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 397,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,745.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.29900
----------------------------------------------------------------------------
0 0031948144 MORTGAGORS: PEPPER MICHAEL
PEPPER BETH
REGION CODE ADDRESS : 4380 ELDER AVENUE
01 CITY : SEAL BEACH
STATE/ZIP : CA 90740
MORTGAGE AMOUNT : 404,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,693.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,897,100.00
P & I AMT: 12,861.13 UPB AMT: 1,896,891.60
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 371
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031948417 MORTGAGORS: CARTER JOHN
CARTER BERTA
REGION CODE ADDRESS : 3933 SUMMER WAY
01 CITY : ESCONDIDO
STATE/ZIP : CA 92025
MORTGAGE AMOUNT : 275,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,808.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.53500
----------------------------------------------------------------------------
0 0031948565 MORTGAGORS: STEVANOVIC MILAN
STEVANOVIC GORDANA
REGION CODE ADDRESS : 1101 GLEN OAKS BOULEVARD
01 CITY : PASADENA
STATE/ZIP : CA 91105
MORTGAGE AMOUNT : 643,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 643,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,444.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 49.50000
----------------------------------------------------------------------------
0 0031948581 MORTGAGORS: GIVENTAL ALEXANDER
GIVENTAL LAURA
REGION CODE ADDRESS : 5426 HILLSIDE AVENUE
01 CITY : EL CERRITO
STATE/ZIP : CA 94530
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,467.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,971.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.26000
----------------------------------------------------------------------------
0 0031948656 MORTGAGORS: DZUBNAR MICHAEL
DZUBNAR MARGARET
REGION CODE ADDRESS : 43 LA PURISIMA
01 CITY : RANCHO SANTA MARGARITA
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,663.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.44400
----------------------------------------------------------------------------
0 0031948664 MORTGAGORS: LAKE ROBERT
LAKE LISA
REGION CODE ADDRESS : 31951 CAMINO DEL CIELO
01 CITY : TRABUCO CANYON
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,128.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,766,750.00
P & I AMT: 12,016.70 UPB AMT: 1,766,217.24
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 372
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031948672 MORTGAGORS: LUCAS CHRISTINA
REGION CODE ADDRESS : 790 44TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94121
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.46300
----------------------------------------------------------------------------
0 0031948680 MORTGAGORS: MUETZEL BENJAMIN
REGION CODE ADDRESS : 31651 JEWEL AVENUE
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 292,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,946.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031948698 MORTGAGORS: BRECHTEL FREDRICK
REGION CODE ADDRESS : 26373 PARKSIDE DR
01 CITY : HAYWARD
STATE/ZIP : CA 94542
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 67.50000
----------------------------------------------------------------------------
0 0031948722 MORTGAGORS: ASHMAN DONALD
SPRINGER-ASHMAM ELLEN
REGION CODE ADDRESS : 1020 HOLLCROFT ROAD
01 CITY : GLENDALE
STATE/ZIP : CA 91207
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 31.11100
----------------------------------------------------------------------------
0 0031948748 MORTGAGORS: KOBAYASHI SUSUMU
KOBAYASHI KAZUKO
REGION CODE ADDRESS : 16176 EAST HIGH TOR DRIVE
01 CITY : HACIENDA HEIGHTS
STATE/ZIP : CA 91745
MORTGAGE AMOUNT : 265,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,786.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.89800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,357,700.00
P & I AMT: 9,186.22 UPB AMT: 1,357,700.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 373
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031948805 MORTGAGORS: DODWELL DAVID
DODWELL CYNTHIA
REGION CODE ADDRESS : 5606 MOUNTAIN VIEW AVENUE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 435,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 435,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,821.41 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.65200
----------------------------------------------------------------------------
0 0031948839 MORTGAGORS: HASSELJIAN RAFI
REGION CODE ADDRESS : 10613 BAXTER AVENUE
01 CITY : LOS ALTOS
STATE/ZIP : CA 94024
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,713.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,328.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 58.33300
----------------------------------------------------------------------------
0 0031948854 MORTGAGORS: TRICERRI ROBERT
REGION CODE ADDRESS : 8333 OCEAN VIEW AVE
01 CITY : WHITTIER
STATE/ZIP : CA 90602
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.87 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.10400
----------------------------------------------------------------------------
0 0031949100 MORTGAGORS: JUDD DONALD
REGION CODE ADDRESS : 2649 FIR PARK WAY
01 CITY : SANTA ROSA
STATE/ZIP : CA 95404
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031949589 MORTGAGORS: GONZALEZ ALEX
GONZALEZ SONIA
REGION CODE ADDRESS : 347 SEA WOLF WAY
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 493,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 493,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,450.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,867,500.00
P & I AMT: 12,497.04 UPB AMT: 1,867,213.11
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 374
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031949647 MORTGAGORS: CAUGHEY PATRICK
CAUGHEY JENNIFER
REGION CODE ADDRESS : 2272 CAMINO ROBLEDO
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 360,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,950.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,371.19 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99700
----------------------------------------------------------------------------
0 0031949654 MORTGAGORS: WILLIAMS DAVID
REGION CODE ADDRESS : 830 CHAPMAN STREET
01 CITY : SAN JOSE
STATE/ZIP : CA 95726
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,406.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031949662 MORTGAGORS: JOHNSON HAROLD
JOHNSON DAWN
REGION CODE ADDRESS : 483 LEXINGTON CIRCLE
01 CITY : OCEANSIDE
STATE/ZIP : CA 92054
MORTGAGE AMOUNT : 299,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,119.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 94.98600
----------------------------------------------------------------------------
0 0031949670 MORTGAGORS: REYES DIANA
REYES SEAN
REGION CODE ADDRESS : 12462 SOUTH LOPEZ PLACE
01 CITY : TUSTIN
STATE/ZIP : CA 92782
MORTGAGE AMOUNT : 258,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,743.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031949779 MORTGAGORS: HAZARD THOMAS
HAZARD ROBIN
REGION CODE ADDRESS : 1101 IRVING AVENUE
01 CITY : MONTEREY
STATE/ZIP : CA 93940
MORTGAGE AMOUNT : 266,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,525,500.00
P & I AMT: 10,457.40 UPB AMT: 1,525,500.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 375
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031949944 MORTGAGORS: SHOHET ALEXANDER
FRIED BERNADINE
REGION CODE ADDRESS : 8530 APPIAN WAY
01 CITY : LOS ANGELES
STATE/ZIP : CA 90046
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,717.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,207.28 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.66600
----------------------------------------------------------------------------
0 0031950017 MORTGAGORS: BAKER WAYNE
BAKER CHERYL
REGION CODE ADDRESS : 5555 KARAKUL LANE
01 CITY : ANN ARBOR
STATE/ZIP : MI 48105
MORTGAGE AMOUNT : 370,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 370,283.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,561.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.31700
----------------------------------------------------------------------------
0 0031950025 MORTGAGORS: MCALPINE BARRY
MCALPINE KIMBERLY
REGION CODE ADDRESS : 895 SOUTH SHORE DR
01 CITY : HOLLAND
STATE/ZIP : MI 49423
MORTGAGE AMOUNT : 555,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 554,545.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,692.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.37500
----------------------------------------------------------------------------
0 0031950041 MORTGAGORS: SLOAN DOUGLAS
SLOAN CYNTHIA
REGION CODE ADDRESS : 21519 FOX RIDGE
01 CITY : WATERTOWN
STATE/ZIP : NY 13601
MORTGAGE AMOUNT : 298,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,493.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,064.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.98900
----------------------------------------------------------------------------
0 0031950264 MORTGAGORS: PAPPALARDO JOHN
PAPPALARDO JENNIFER
REGION CODE ADDRESS : 1942 PALOMAR DRIVE
01 CITY : GLENDORA
STATE/ZIP : CA 91741
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,845,800.00
P & I AMT: 12,470.06 UPB AMT: 1,844,040.34
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 376
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031950488 MORTGAGORS: BURTON ELLEN
BURTON GARY
REGION CODE ADDRESS : 20211 CROWN REEF LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031950652 MORTGAGORS: ESPINO XAVIER
ESPINO COLLEEN
REGION CODE ADDRESS : 22715 TEAKWOOD
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,754.00 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 58.04300
----------------------------------------------------------------------------
0 0031950710 MORTGAGORS: JOHNS SCOTT
JOHNS PAULA
REGION CODE ADDRESS : 6605 VIREO COURT
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.66600
----------------------------------------------------------------------------
0 0031950736 MORTGAGORS: KREUTZER KURT
KREUTZER LORI
REGION CODE ADDRESS : 15309 MIDLAND ROAD
01 CITY : POWAY
STATE/ZIP : CA 92064
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,205.23 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031951106 MORTGAGORS: ADAM N
ADAM ELAINE
REGION CODE ADDRESS : 26242 CANNES CIRCLE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,774.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,760.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 62.32500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,425,000.00
P & I AMT: 9,472.73 UPB AMT: 1,424,774.85
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 377
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031951189 MORTGAGORS: SEMENE ALFREDO
HENSON-SEMENE CHARITO
REGION CODE ADDRESS : 5711 KNOLLWELL WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95138
MORTGAGE AMOUNT : 252,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,743.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.65200
----------------------------------------------------------------------------
0 0031951403 MORTGAGORS: SCHELIN KEVIN
SCHELIN CONSTANCE
REGION CODE ADDRESS : 1218 PEMBROKE LANE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,621.50 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 48.54300
----------------------------------------------------------------------------
0 0031951452 MORTGAGORS: DANT RICHARD
DANT CAROLINE
REGION CODE ADDRESS : 3159 FALLS CREEK DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 348,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,261.67 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 66.41900
----------------------------------------------------------------------------
0 0031952146 MORTGAGORS: MCNEELY KELLY
MCNEELY SUSANA
REGION CODE ADDRESS : 221 BETHANY DRIVE
01 CITY : SCOTTS VALLEY
STATE/ZIP : CA 95066
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,859.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031952187 MORTGAGORS: CERESA GLEN
REGION CODE ADDRESS : 252 FAST LANE
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95065
MORTGAGE AMOUNT : 438,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 438,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,914.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 64.88800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,565,200.00
P & I AMT: 10,400.61 UPB AMT: 1,565,200.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 378
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031952278 MORTGAGORS: MASDEN KENNETH
MASDEN MARTHA
REGION CODE ADDRESS : 2711 W SNOQUALMIE RIVER RD NE
01 CITY : CARNATION
STATE/ZIP : WA 98014
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031952377 MORTGAGORS: SCARLATO GERARD
SCARLATO LILA
REGION CODE ADDRESS : 1121 VIRGINIA WAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,236.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031952435 MORTGAGORS: LEE SANG
LEE KATHIE
REGION CODE ADDRESS : 4452 CHEVY CHASE DRIVE
01 CITY : LA CANADA
STATE/ZIP : CA 91011
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,348.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.00000
----------------------------------------------------------------------------
0 0031953565 MORTGAGORS: MCVERRY ROBERT
MCVERRY MARLENE
REGION CODE ADDRESS : 24866 LUNA BONITA DRIVE
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 254,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,692.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031953763 MORTGAGORS: BLACK SUSAN
REGION CODE ADDRESS : 2027 FALLEN LEAF LANE
01 CITY : LOS ALTOS
STATE/ZIP : CA 94024
MORTGAGE AMOUNT : 568,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 568,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,874.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.24800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,814,400.00
P & I AMT: 12,335.31 UPB AMT: 1,814,400.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 379
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031953797 MORTGAGORS: WEBB JOHN
WEBB JAMIE
REGION CODE ADDRESS : 29 DEERWOOD WEST
01 CITY : IRVINE
STATE/ZIP : CA 92604
MORTGAGE AMOUNT : 291,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,961.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031953870 MORTGAGORS: WEATHERS LACY
WEATHERS YURIKO
REGION CODE ADDRESS : 1036 MAJELLA ROAD
01 CITY : PEBBLE BEACH
STATE/ZIP : CA 93953
MORTGAGE AMOUNT : 429,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 429,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,001.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031953961 MORTGAGORS: SHERMAN TINA
REGION CODE ADDRESS : 14024 PEACHGROVE STREET
01 CITY : SHERMAN OAKS
STATE/ZIP : CA 91423
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,643.38 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031954001 MORTGAGORS: ERICKSON DAVID
ERICKSON JANET
REGION CODE ADDRESS : 13381 SAN SIMEON STREET
01 CITY : TUSTIN
STATE/ZIP : CA 92782
MORTGAGE AMOUNT : 303,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,068.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031955131 MORTGAGORS: TCHIKOVANI EVGUENI
GVAKHARIA MARINA
REGION CODE ADDRESS : 1554 SOUTH STELLING ROAD
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 390,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,594.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.75400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,673,600.00
P & I AMT: 11,269.32 UPB AMT: 1,673,600.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 380
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031955503 MORTGAGORS: LEV WILLIAM
REGION CODE ADDRESS : 625 LUPINE VALLEY ROAD
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,228.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 60.46900
----------------------------------------------------------------------------
0 0070113212 MORTGAGORS: WELCH CAROL
REGION CODE ADDRESS : 1820 SANTA FE AVENUE
01 CITY : TORRANCE
STATE/ZIP : CA 90501
MORTGAGE AMOUNT : 196,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 195,367.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,320.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070113253 MORTGAGORS: LOWE PAUL
LOWE PATRICIA
REGION CODE ADDRESS : 6810 BELL DRIVE
01 CITY : GRANITE BAY
STATE/ZIP : CA 95746
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,033.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,868.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070125737 MORTGAGORS: HAHN RUDOLF
HAHN LILO
REGION CODE ADDRESS : 5807 & 5809 HAZEL AVENUE
01 CITY : ORANGEVALE
STATE/ZIP : CA 95662
MORTGAGE AMOUNT : 64,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 63,587.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 438.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 47.98507
----------------------------------------------------------------------------
0 0070155825 MORTGAGORS: WALTON ARTHUR
WALTON DIANA
REGION CODE ADDRESS : 16 PORTUGUESE BEND ROAD
01 CITY : ROLLING HIL
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 883,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 877,468.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,249.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 015
LTV : 61.96491
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,742,300.00
P & I AMT: 12,106.29 UPB AMT: 1,733,457.48
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 381
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070183595 MORTGAGORS: RASMUSSEN DOUGLAS
RASMUSSEN NADENE
REGION CODE ADDRESS : 1205 NORTH BAYFRONT
01 CITY : NEWPORT BEA
STATE/ZIP : CA 92662
MORTGAGE AMOUNT : 979,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 973,556.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,678.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 57.86052
----------------------------------------------------------------------------
0 0070212329 MORTGAGORS: LEXIN JACK
LEXIN CONNIE
REGION CODE ADDRESS : 2505 ROSEMARY COURT
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 692,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 688,336.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,838.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 68.24458
----------------------------------------------------------------------------
0 0070219340 MORTGAGORS: HAGAN NELSON
HAGAN JERILYNN
REGION CODE ADDRESS : 408 MONARCH PLACE
01 CITY : LAHAINA
STATE/ZIP : HI 96761
MORTGAGE AMOUNT : 698,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 695,311.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,820.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 69.80000
----------------------------------------------------------------------------
0 0070236864 MORTGAGORS: BENTON HILARY
REGION CODE ADDRESS : 1001 CORNELL DRIVE
01 CITY : DAVIS
STATE/ZIP : CA 95616
MORTGAGE AMOUNT : 178,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 177,613.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,231.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.32000
----------------------------------------------------------------------------
0 0070241328 MORTGAGORS: ROSNER SCOTT
ROSNER STEPHANIE
REGION CODE ADDRESS : 2231 BELFORD AVENUE
01 CITY : PLACENTIA
STATE/ZIP : CA 92670
MORTGAGE AMOUNT : 220,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 219,529.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,503.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 84.76923
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,767,700.00
P & I AMT: 19,072.97 UPB AMT: 2,754,347.78
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 382
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070244215 MORTGAGORS: DAVIS CHRISTOPHE
SCHAEFER ANDREA
REGION CODE ADDRESS : 40 CLARK DRIVE
01 CITY : BEDFORD
STATE/ZIP : NY 10506
MORTGAGE AMOUNT : 750,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 747,181.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,244.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 49.34211
----------------------------------------------------------------------------
0 0070263496 MORTGAGORS: THOMSEN ERICA
TURPYN VICTOR
REGION CODE ADDRESS : 3607 JUSTINE DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 210,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 209,679.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,450.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0070272968 MORTGAGORS: DANIELE BARBARA
DANIELE ANTHONY
REGION CODE ADDRESS : 300 STANWICH ROAD
01 CITY : GREENWICH
STATE/ZIP : CT 06830
MORTGAGE AMOUNT : 1,092,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 1,087,581.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 7,357.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 015
LTV : 80.00000
----------------------------------------------------------------------------
0 0070281647 MORTGAGORS: WOLDS DAVID
HEARN KATHLEEN
REGION CODE ADDRESS : 7705 WHITEFIELD PLACE
01 CITY : LA JOLLA
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 965,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 960,635.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,747.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 68.92857
----------------------------------------------------------------------------
0 0070282389 MORTGAGORS: SOMAIYA MANISH
REGION CODE ADDRESS : 245 EAST 93RD STREET
01 CITY : NEW YORK
STATE/ZIP : NY 10128
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,012.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.60465
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 3,312,000.00
P & I AMT: 22,811.38 UPB AMT: 3,300,078.18
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 383
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070282702 MORTGAGORS: KAO ROO JI
SUN TSYR YI(SH
REGION CODE ADDRESS : 22071 DEER TRAIL
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 700,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 697,303.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,834.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 43.07692
----------------------------------------------------------------------------
0 0070283056 MORTGAGORS: MORRIS TONY
MORRIS MARY
REGION CODE ADDRESS : 800 ELM DRIVE
01 CITY : DIXON
STATE/ZIP : CA 95620
MORTGAGE AMOUNT : 140,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 139,460.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 966.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.32011
----------------------------------------------------------------------------
0 0070283130 MORTGAGORS: BODEN EUGENE
BODEN MARTHA
REGION CODE ADDRESS : 805 SWAGGERTOWN ROAD
01 CITY : SCOTIA
STATE/ZIP : NY 12302
MORTGAGE AMOUNT : 240,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,749.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,642.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99335
----------------------------------------------------------------------------
0 0070292917 MORTGAGORS: WEST MARK
WEST KARYNE
REGION CODE ADDRESS : 2619 MARSEILLES DRIVE
01 CITY : WEST PALM B
STATE/ZIP : FL 33410
MORTGAGE AMOUNT : 452,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,167.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,089.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 60.38000
----------------------------------------------------------------------------
0 0070294236 MORTGAGORS: SORRENTINO GARY
REGION CODE ADDRESS : 66 TALMAGE FARM LANE
01 CITY : EASTHAMPTON
STATE/ZIP : NY 11937
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,037.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,726.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.56757
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,783,550.00
P & I AMT: 12,259.61 UPB AMT: 1,774,718.58
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 384
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070297023 MORTGAGORS: DARRIN DRAKE
REGION CODE ADDRESS : 533 STANWICH ROAD
01 CITY : GREENWICH
STATE/ZIP : CT 06831
MORTGAGE AMOUNT : 1,000,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 996,148.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,906.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 30.30303
----------------------------------------------------------------------------
0 0070300181 MORTGAGORS: KIEREN MELVIN
KIEREN BEVERLY
REGION CODE ADDRESS : 2201 PINEHURST PLACE
01 CITY : ONTARIO
STATE/ZIP : CA 91761
MORTGAGE AMOUNT : 94,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 93,239.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 646.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.62295
----------------------------------------------------------------------------
0 0070303276 MORTGAGORS: HIRSCH DAVID
HIRSCH CLAUDIA
REGION CODE ADDRESS : 25 CLAPBOARD RIDGE ROAD
01 CITY : GREENWICH
STATE/ZIP : CT 06830
MORTGAGE AMOUNT : 1,000,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 996,148.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,906.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 60.24096
----------------------------------------------------------------------------
0 0070303490 MORTGAGORS: STOLTZ MATTHEW
REGION CODE ADDRESS : 300 EAST 54TH STREET #33H
01 CITY : NEW YORK
STATE/ZIP : NY 10022
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,383.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,494.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.21739
----------------------------------------------------------------------------
0 0070306352 MORTGAGORS: MCDONNELL DENNIS
MCDONNELL CELESTE
REGION CODE ADDRESS : 54 ROSEWOOD DRIVE
01 CITY : ATHERTON
STATE/ZIP : CA 94027
MORTGAGE AMOUNT : 950,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 946,430.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,642.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 55.88235
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 3,419,700.00
P & I AMT: 23,596.94 UPB AMT: 3,406,350.45
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 385
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070306527 MORTGAGORS: VASSALLE ANTONIO
SMITH VASSAL LORI
REGION CODE ADDRESS : 31062 VIA MADERA
01 CITY : SAN JUAN CA
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 256,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,362.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,727.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 94.99815
----------------------------------------------------------------------------
0 0070306824 MORTGAGORS: PROVAN DONALD
PROVAN JANICE
REGION CODE ADDRESS : 2 GREY EAGLE COURT
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 724,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 721,568.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,881.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 015
LTV : 70.00000
----------------------------------------------------------------------------
0 0070307418 MORTGAGORS: MCDONALD RONALD
MCDONALD DOROTHY
REGION CODE ADDRESS : 7408 STREET ANDREWS ROAD
01 CITY : RANCHO SANT
STATE/ZIP : CA 92067
MORTGAGE AMOUNT : 770,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 767,974.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,455.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 015
LTV : 53.15862
----------------------------------------------------------------------------
0 0070309323 MORTGAGORS: LANGE SCOTT
LANGE ANN
REGION CODE ADDRESS : 35 ELLIOT ROAD
01 CITY : GREAT NECK
STATE/ZIP : NY 11021
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 408,709.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,796.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.09524
----------------------------------------------------------------------------
0 0070309398 MORTGAGORS: FEUERSTEIN HENRY
FEUERSTEIN ELISE
REGION CODE ADDRESS : 10 BROOKSIDE DRIVE
01 CITY : WESTPORT
STATE/ZIP : CT 06880
MORTGAGE AMOUNT : 730,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 728,654.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,048.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 48.72667
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,892,600.00
P & I AMT: 19,909.23 UPB AMT: 2,882,269.88
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 386
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070310271 MORTGAGORS: HOCKINSON WILLIAM
HOCKINSON DIANE
REGION CODE ADDRESS : 12 MISSION BAY DRIVE
01 CITY : NEWPORT BEA
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 366,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 366,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,465.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 41.82857
----------------------------------------------------------------------------
0 0070312384 MORTGAGORS: KILLIAN GARY
KILLIAN JULIA
REGION CODE ADDRESS : 42 FOREST AVENUE
01 CITY : RYE
STATE/ZIP : NY 10580
MORTGAGE AMOUNT : 1,000,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 996,928.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,906.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 41.66667
----------------------------------------------------------------------------
0 0070313812 MORTGAGORS: BAKER LISA
MACKEBEN MANFRED
REGION CODE ADDRESS : 309 CASTRO STREET
01 CITY : SAN FRANCIS
STATE/ZIP : CA 94114
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,165.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,807.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 36.55172
----------------------------------------------------------------------------
0 0070315882 MORTGAGORS: GONYER WILLIAM
GONYER DANILSA
REGION CODE ADDRESS : 18 ROBERTA DRIVE
01 CITY : CORTLANDT
STATE/ZIP : NY 10566
MORTGAGE AMOUNT : 316,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,517.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,104.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.72960
----------------------------------------------------------------------------
0 0070318043 MORTGAGORS: LACHMAN BRAD
LACHMAN WENDI
REGION CODE ADDRESS : 7721 FLYNN RANCH ROAD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90046
MORTGAGE AMOUNT : 1,455,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 1,449,532.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 10,173.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 63.26087
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 3,402,300.00
P & I AMT: 23,458.25 UPB AMT: 3,392,144.34
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 387
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070318498 MORTGAGORS: ROSENKRANZ PAUL
ROSENKRANZ PAULA
REGION CODE ADDRESS : 1743 SCHOOLHOUSE CIRCLE
01 CITY : THOUSAND OA
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 647,433.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,434.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.44633
----------------------------------------------------------------------------
0 0070342993 MORTGAGORS: BUHL PATRICIA
REGION CODE ADDRESS : 2818 CONNECTICUT AVENUE NW
01 CITY : WASHINGTON
STATE/ZIP : DC 20008
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 420,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,829.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 59.91441
----------------------------------------------------------------------------
0 0070355607 MORTGAGORS: HALPERT HUGH
HALPERT MERRY
REGION CODE ADDRESS : 7311 DARNOCH WAY
01 CITY : LOS ANGELES
STATE/ZIP : CA 91307
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,791.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,087.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0070357538 MORTGAGORS: GOODSON BRANCH
GOODSON MELISSA
REGION CODE ADDRESS : 1492 SHEPPARD MILL ROAD
01 CITY : GREENVILLE
STATE/ZIP : NC 27834
MORTGAGE AMOUNT : 270,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,563.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,843.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.47059
----------------------------------------------------------------------------
0 0070358767 MORTGAGORS: JEHLE AUGUSTINE
JEHLE MARGARET
REGION CODE ADDRESS : 156 80TH STREET
01 CITY : BROOKLYN
STATE/ZIP : NY 11209
MORTGAGE AMOUNT : 392,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 392,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,102.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/19
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.36364
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,038,700.00
P & I AMT: 14,296.70 UPB AMT: 2,034,289.63
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 388
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070373436 MORTGAGORS: GRANITO A
GRANITO BEVERLY
REGION CODE ADDRESS : 5120 OAKMONT PLACE
01 CITY : WESTERVILLE
STATE/ZIP : OH 43082
MORTGAGE AMOUNT : 266,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,660.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,818.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.02778
----------------------------------------------------------------------------
0 0070376629 MORTGAGORS: ALBARINO RICHARD
ALBARINO KIM
REGION CODE ADDRESS : 266 21ST STREET
01 CITY : SANTA MONIC
STATE/ZIP : CA 90402
MORTGAGE AMOUNT : 900,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 897,166.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,139.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 52.94118
----------------------------------------------------------------------------
0 0070378526 MORTGAGORS: GLASSER DAVID
GLASSER CARLA
REGION CODE ADDRESS : 8 RIVERCREST ROAD
01 CITY : BRONX
STATE/ZIP : NY 10471
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,592.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.08696
----------------------------------------------------------------------------
0 0070378765 MORTGAGORS: BLACK CAROLE
REGION CODE ADDRESS : 9575 LIME ORCHARD ROAD
01 CITY : BEVERLY HIL
STATE/ZIP : CA 90210
MORTGAGE AMOUNT : 944,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 942,375.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,443.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 75.56800
----------------------------------------------------------------------------
0 0070397641 MORTGAGORS: TEMPLIN D
TEMPLIN LISA
REGION CODE ADDRESS : 515 SAN BERNARDINO AVENUE
01 CITY : NEWPORT BEA
STATE/ZIP : CA 92663
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,930.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,403.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.04255
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,839,100.00
P & I AMT: 19,397.25 UPB AMT: 2,832,133.90
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 389
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070397781 MORTGAGORS: SOHN RALPH
SOHN JEAN
REGION CODE ADDRESS : 3 VIA LAS ROSAS
01 CITY : LAGUNA NIGU
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 730,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 728,444.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,229.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 015
LTV : 73.51460
----------------------------------------------------------------------------
0 0070398847 MORTGAGORS: OTOOLE MICHAEL
OTOOLE SANDRA
REGION CODE ADDRESS : 251 BALLAST
01 CITY : THE SEA RAN
STATE/ZIP : CA 95497
MORTGAGE AMOUNT : 503,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 502,212.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,431.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.37931
----------------------------------------------------------------------------
0 0070400585 MORTGAGORS: OSMANI OSMAN
OSMANI ZYRAFETE
REGION CODE ADDRESS : 4 OLD HOUSE LANE
01 CITY : CHAPPAQUA
STATE/ZIP : NY 10514
MORTGAGE AMOUNT : 363,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,510.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 49.45578
----------------------------------------------------------------------------
0 0070402581 MORTGAGORS: TORRENCE ROGER
TORRENCE IRIS
REGION CODE ADDRESS : 34024 CALLE DE BONANZA
01 CITY : SAN JUAN CA
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 254,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,200.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,732.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.20365
----------------------------------------------------------------------------
0 0070405766 MORTGAGORS: WILSON ALEXANDER
BAILEY WILSO JOAN
REGION CODE ADDRESS : 14549 MANOR ROAD
01 CITY : PHOENIX
STATE/ZIP : MD 21131
MORTGAGE AMOUNT : 346,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,363.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,197,000.00
P & I AMT: 15,268.23 UPB AMT: 2,193,857.35
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 390
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070407408 MORTGAGORS: KENT PAUL
KENT TERRIE
REGION CODE ADDRESS : 15945 CAMINO DEL CERRO
01 CITY : LOS GATOS
STATE/ZIP : CA 95032
MORTGAGE AMOUNT : 660,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 658,484.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,558.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 80.00000
----------------------------------------------------------------------------
0 0070408125 MORTGAGORS: MCGARITY SUZANNE
MCGARITY PAT
REGION CODE ADDRESS : 400 CRAVEN STREET
01 CITY : BEAUFORT
STATE/ZIP : SC 29902
MORTGAGE AMOUNT : 545,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 545,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,765.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 54.52000
----------------------------------------------------------------------------
0 0070410360 MORTGAGORS: CAPUTO MICHAEL
CAPUTO MARIA
REGION CODE ADDRESS : 153 SEQUAMS LANE CENTER
01 CITY : WEST ISLIP
STATE/ZIP : NY 11795
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,920.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.51220
----------------------------------------------------------------------------
0 0070411699 MORTGAGORS: GOLBERT THOMAS
GOLBERT GLORIA
REGION CODE ADDRESS : 165 FOREST STREET
01 CITY : DENVER
STATE/ZIP : CO 80220
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,436.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,826.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 86.00000
----------------------------------------------------------------------------
0 0070411764 MORTGAGORS: ANSLOW ROBERT
MARRELLI MARINA
REGION CODE ADDRESS : 4481 HORTENSIA STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92103
MORTGAGE AMOUNT : 855,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 853,036.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,905.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 67.05882
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,603,200.00
P & I AMT: 17,975.50 UPB AMT: 2,599,156.55
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 391
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070411939 MORTGAGORS: PRINGLE CHERYL
HANSON ELTON
REGION CODE ADDRESS : 161 COMMONWEALTH AVENUE
01 CITY : MOUNT VERNO
STATE/ZIP : NY 10550
MORTGAGE AMOUNT : 285,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,898.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0070413422 MORTGAGORS: CUTTING KEITH
CUTTING JANE
REGION CODE ADDRESS : 459 JASMINE STREET
01 CITY : LAGUNA BEAC
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,920.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 47.11864
----------------------------------------------------------------------------
0 0070414909 MORTGAGORS: LAMPERT IRA
REGION CODE ADDRESS : 125 OCEAN BOULEVARD
01 CITY : GOLDEN BEAC
STATE/ZIP : FL 33160
MORTGAGE AMOUNT : 1,190,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 1,188,271.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 8,422.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 015
LTV : 70.00000
----------------------------------------------------------------------------
0 0070415351 MORTGAGORS: MC GUINNESS J
MC GUINNESS VIVIAN
REGION CODE ADDRESS : 2621 WEST LAKE VAN NESS
01 CITY : FRESNO
STATE/ZIP : CA 93711
MORTGAGE AMOUNT : 618,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 616,544.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,215.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.83051
----------------------------------------------------------------------------
0 0070418710 MORTGAGORS: MCMANUS WILLIAM
MCMANUS ROSANNE
REGION CODE ADDRESS : 37 CHESTER STREET
01 CITY : STAMFORD
STATE/ZIP : CT 06905
MORTGAGE AMOUNT : 304,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,150.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,100.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.56471
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,675,450.00
P & I AMT: 18,557.48 UPB AMT: 2,672,266.90
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 392
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070424049 MORTGAGORS: DONIGER SHEPARD
TILLEM DONIG LESLIE
REGION CODE ADDRESS : 4 THE SPUR
01 CITY : ROSLYN
STATE/ZIP : NY 11576
MORTGAGE AMOUNT : 560,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 560,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,820.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.68421
----------------------------------------------------------------------------
0 0070429469 MORTGAGORS: JOHNSON RICHARD
JOHNSON LINDA
REGION CODE ADDRESS : 11 EAST WILDFLOWER
01 CITY : SANTA FE
STATE/ZIP : NM 87501
MORTGAGE AMOUNT : 312,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,150.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,103.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.44706
----------------------------------------------------------------------------
0 0070430996 MORTGAGORS: LEWIS DAPHNE
REGION CODE ADDRESS : 803 NORTH ALPINE DRIVE
01 CITY : BEVERLY HIL
STATE/ZIP : CA 90210
MORTGAGE AMOUNT : 765,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 763,473.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,586.56 OUTSIDE CONV DATE :
LIFETIME RATE : 6.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.00000 PRODUCT CODE : 015
LTV : 38.25000
----------------------------------------------------------------------------
0 0070432703 MORTGAGORS: HARRIS JAMES
HARRIS LAUREEN
REGION CODE ADDRESS : 25 WEST DRIVE
01 CITY : PLANDOME
STATE/ZIP : NY 11030
MORTGAGE AMOUNT : 388,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 388,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,650.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 27.75000
----------------------------------------------------------------------------
0 0070433800 MORTGAGORS: AGUHOB ELIGIO
AGUHOB CECILIA
REGION CODE ADDRESS : 2048 GEORGE WASHINGTON
01 CITY : VIENNA
STATE/ZIP : VA 22182
MORTGAGE AMOUNT : 369,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,650.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,521.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.49462
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,395,300.00
P & I AMT: 15,681.67 UPB AMT: 2,393,773.07
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 393
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070433982 MORTGAGORS: FIS SHALOM
FIS SARA
REGION CODE ADDRESS : 12648 RYE STREET
01 CITY : STUDIO CITY
STATE/ZIP : CA 91604
MORTGAGE AMOUNT : 329,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,245.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.82000
----------------------------------------------------------------------------
0 0070438858 MORTGAGORS: THOMPSON ROBERT
THOMPSON LARAINE
REGION CODE ADDRESS : 13800 NW GLENDOVEER DRIVE
01 CITY : PORTLAND
STATE/ZIP : OR 97231
MORTGAGE AMOUNT : 735,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 733,226.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,951.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 015
LTV : 70.00000
----------------------------------------------------------------------------
0 0070440540 MORTGAGORS: DORFMAN GARY
DORFMAN TIFFANY
REGION CODE ADDRESS : 288 HILLSIDE AVENUE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 930,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 928,839.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 7,068.67 OUTSIDE CONV DATE :
LIFETIME RATE : 8.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 8.37500 PRODUCT CODE : 015
LTV : 69.40299
----------------------------------------------------------------------------
0 0070441530 MORTGAGORS: FLEMING FRANCIS
FLEMING PATRICIA
REGION CODE ADDRESS : 4169 DAN WOOD DRIVE
01 CITY : WESTLAKE VI
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 299,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,018.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.84810
----------------------------------------------------------------------------
0 0070445747 MORTGAGORS: WOOD MARK
WOOD DONNA
REGION CODE ADDRESS : 5730 STONEGATE DRIVE
01 CITY : DALLAS
STATE/ZIP : TX 75209
MORTGAGE AMOUNT : 350,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,098.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,272.69 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,644,100.00
P & I AMT: 18,556.69 UPB AMT: 2,640,864.39
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 394
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070446372 MORTGAGORS: MA ANTHONY
MA PATRICIA
REGION CODE ADDRESS : 5869 GOLD CREEK DRIVE
01 CITY : CASTRO VALL
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,195.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0070446760 MORTGAGORS: GERARD DANIEL
GERARD JANI
REGION CODE ADDRESS : 1965 BROADWAY
01 CITY : NEW YORK
STATE/ZIP : NY 10023
MORTGAGE AMOUNT : 645,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 645,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,345.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 29.31818
----------------------------------------------------------------------------
0 0070450614 MORTGAGORS: JONES ROBERT
JONES JILL
REGION CODE ADDRESS : 69 AUTUMN DRIVE
01 CITY : NEWTOWN
STATE/ZIP : PA 18940
MORTGAGE AMOUNT : 300,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,999.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.92021
----------------------------------------------------------------------------
0 0070451976 MORTGAGORS: SHUEY ROBERT
REGION CODE ADDRESS : 6019 ST. ANDREWS PLACE
01 CITY : UNIVERSITY
STATE/ZIP : TX 75205
MORTGAGE AMOUNT : 1,214,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 1,211,710.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 8,388.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 70.00000
----------------------------------------------------------------------------
0 0070452495 MORTGAGORS: CONLEY JEFFREY
REGION CODE ADDRESS : 890 COACHWAY
01 CITY : ANNAPOLIS
STATE/ZIP : MD 21401
MORTGAGE AMOUNT : 302,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,037.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,792,400.00
P & I AMT: 18,965.78 UPB AMT: 2,789,610.51
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 395
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070456512 MORTGAGORS: FIGLIOLO JOSEPH
FIGLIOLO JACQUELINE
REGION CODE ADDRESS : 15 CUMBERLAND PATH
01 CITY : EAST SETAUK
STATE/ZIP : NY 11733
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.42105
----------------------------------------------------------------------------
0 0070457593 MORTGAGORS: KOENIGSTEIN NATHAN
KOENIGSTEIN SUSAN
REGION CODE ADDRESS : 1933 LESLIE LA
01 CITY : MERRICK
STATE/ZIP : NY 11566
MORTGAGE AMOUNT : 228,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 227,822.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,555.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 64.22535
----------------------------------------------------------------------------
0 0070458203 MORTGAGORS: TURANO JEFFREY
TURANO MELISSA
REGION CODE ADDRESS : 8412 RANCHO VERANO COURT
01 CITY : ALBUQUERQUE
STATE/ZIP : NM 87120
MORTGAGE AMOUNT : 229,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 229,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,544.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 93.55102
----------------------------------------------------------------------------
0 0070458872 MORTGAGORS: PYLE RICHARD
PYLE MARGARET
REGION CODE ADDRESS : 39 PARK AVENUE
01 CITY : BRONXVILLE
STATE/ZIP : NY 10708
MORTGAGE AMOUNT : 491,990.00 OPTION TO CONVERT :
UNPAID BALANCE : 491,596.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,314.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.48514
----------------------------------------------------------------------------
0 0070459243 MORTGAGORS: FIRTH RICHARD
FIRTH LESLIE
REGION CODE ADDRESS : 3071 SANDSTONE RD
01 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 721,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 720,398.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,983.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 57.72000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,930,690.00
P & I AMT: 13,149.04 UPB AMT: 1,929,017.32
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 396
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070459540 MORTGAGORS: RAHM DAVID
REGION CODE ADDRESS : 3601 BAYVEIW DRIVE
01 CITY : MANHATTAN B
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 714,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 713,054.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,811.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 015
LTV : 57.59677
----------------------------------------------------------------------------
0 0070468137 MORTGAGORS: BYE MAURY
BYE PATRICIA
REGION CODE ADDRESS : 1940 HOMESTEAD ROAD
01 CITY : SANTA CLARA
STATE/ZIP : CA 95050
MORTGAGE AMOUNT : 369,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,518.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 58.14961
----------------------------------------------------------------------------
0 0070469267 MORTGAGORS: VERNAZZA JAMES
VERNAZZA ELLEN
REGION CODE ADDRESS : 445 CERVANTES ROAD
01 CITY : PORTOLA VAL
STATE/ZIP : CA 94028
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,387.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 22.22222
----------------------------------------------------------------------------
0 0070471370 MORTGAGORS: STILES E ROBERT
STILES ROSEMARY
REGION CODE ADDRESS : 29 SIMPSON'S LANE
01 CITY : EDGARTOWN
STATE/ZIP : MA 02539
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,738.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 36.85714
----------------------------------------------------------------------------
0 0070471826 MORTGAGORS: ROY RENATA
REGION CODE ADDRESS : 12302 LONGWATER DRIVE
01 CITY : MITCHELLVIL
STATE/ZIP : MD 20721
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,716.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 56.08696
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,949,450.00
P & I AMT: 13,172.93 UPB AMT: 1,948,304.33
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 397
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070472899 MORTGAGORS: CHABAN EDWARD
CHABAN LAURA
REGION CODE ADDRESS : 6953 RIDGE COURT
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,694.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.87616
----------------------------------------------------------------------------
0 0070473244 MORTGAGORS: ALIDIO RAUL
KUMAGAI AYUMI
REGION CODE ADDRESS : 2162 PALMETTO TERRACE
01 CITY : FULLERTON
STATE/ZIP : CA 92831
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,656.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.30189
----------------------------------------------------------------------------
0 0070473467 MORTGAGORS: KNOWLTON TIMOTHY
KNOWLTON CHRISTINE
REGION CODE ADDRESS : 11 MARISA CT
01 CITY : MONTROSE
STATE/ZIP : NY 10548
MORTGAGE AMOUNT : 241,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,707.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/24
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 63.74670
----------------------------------------------------------------------------
0 0070474465 MORTGAGORS: DE TROU DEAN
DE TROU JOAN
REGION CODE ADDRESS : 59 COMPO ROAD NORTH
01 CITY : WESTPORT
STATE/ZIP : CT 06880
MORTGAGE AMOUNT : 738,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 737,380.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,848.13 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 015
LTV : 79.78378
----------------------------------------------------------------------------
0 0070474804 MORTGAGORS: INGLE FRANK
INGLE SHARON
REGION CODE ADDRESS : 814 RICHARDSON COURT
01 CITY : PALO ALTO
STATE/ZIP : CA 94303
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 47.61905
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,786,600.00
P & I AMT: 11,903.10 UPB AMT: 1,785,980.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 398
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070475454 MORTGAGORS: HELIE DENNIS
HELIE PAMELA
REGION CODE ADDRESS : 2745 LADY ANNES WAY
01 CITY : HUNTINGTOWN
STATE/ZIP : MD 20639
MORTGAGE AMOUNT : 253,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,687.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070476197 MORTGAGORS: DUFRESNE CHRISTOPHE
DUFRESNE GINA
REGION CODE ADDRESS : 5640 COUNTRY CLUB PARKWAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95138
MORTGAGE AMOUNT : 735,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 734,426.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,014.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 57.64706
----------------------------------------------------------------------------
0 0070477021 MORTGAGORS: WILLIAMS ANTHONY
WILLIAMS SHEILA
REGION CODE ADDRESS : 2000 ROSE THEATRE CIRCLE
01 CITY : OLNEY
STATE/ZIP : MD 20832
MORTGAGE AMOUNT : 330,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,200.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 83.95939
----------------------------------------------------------------------------
0 0070477070 MORTGAGORS: FISHER GENI
REGION CODE ADDRESS : 2888 ENGLISH ROAD
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 629,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 629,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,184.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 61.36585
----------------------------------------------------------------------------
0 0070479431 MORTGAGORS: LICHMAN JAY
SONDEL HENNIE
REGION CODE ADDRESS : 610 KINGS ROAD
01 CITY : NEWPORT BEA
STATE/ZIP : CA 92663
MORTGAGE AMOUNT : 744,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 742,835.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,075.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 63.58974
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,692,400.00
P & I AMT: 18,162.17 UPB AMT: 2,690,662.35
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 399
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070480744 MORTGAGORS: BRADVICA MATTHEW
NAPOLI KRISTIN
REGION CODE ADDRESS : 11708 CASTILE WAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92128
MORTGAGE AMOUNT : 274,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,846.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.98366
----------------------------------------------------------------------------
0 0070481072 MORTGAGORS: CALTAGIRONE FRANK
CALTAGIRONE GRACE
REGION CODE ADDRESS : 39 JOHNNY DRIVE
01 CITY : FARMINGDALE
STATE/ZIP : NJ 07727
MORTGAGE AMOUNT : 242,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,882.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/19
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.85938
----------------------------------------------------------------------------
0 0070481825 MORTGAGORS: SUCHODOLSKI MICHAEL
FOX SUSAN
REGION CODE ADDRESS : 43231 MAPLE CROSS ST
01 CITY : CHANTILLY
STATE/ZIP : VA 22022
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,675.17 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.68750
----------------------------------------------------------------------------
0 0070481981 MORTGAGORS: LOCASCIO JOAN
REGION CODE ADDRESS : 107 HILLTOP LANE
01 CITY : WYCKOFF
STATE/ZIP : NJ 07481
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,195.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 60.43956
----------------------------------------------------------------------------
0 0070482799 MORTGAGORS: EASTMAN EARL
EASTMAN KIMBERLEY
REGION CODE ADDRESS : 4844 LADERA SARINA
01 CITY : DEL MAR
STATE/ZIP : CA 92014
MORTGAGE AMOUNT : 850,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 848,702.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,870.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 65.38462
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,951,850.00
P & I AMT: 13,470.11 UPB AMT: 1,950,552.46
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 400
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070483623 MORTGAGORS: STEWART VIVIENNE
REGION CODE ADDRESS : 133 N QUAKER HILL RD
01 CITY : PAWLING
STATE/ZIP : NY 12564
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,809.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,726.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 37.59398
----------------------------------------------------------------------------
0 0070483821 MORTGAGORS: ESQUILLO EDISON
ESQUILLO MAGDALENA
REGION CODE ADDRESS : 3321 113TH STREET
01 CITY : EVERETT
STATE/ZIP : WA 98208
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,576.63 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 87.27273
----------------------------------------------------------------------------
0 0070484464 MORTGAGORS: NOZNESKY ALAN
NOZNESKY DENISE
REGION CODE ADDRESS : 8020 GRAND TETON DRIVE
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070484795 MORTGAGORS: HOROWITZ RICHARD
HOROWITZ MICHELE
REGION CODE ADDRESS : 94 GARRY ROAD
01 CITY : CLOSTER
STATE/ZIP : NJ 07624
MORTGAGE AMOUNT : 306,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,014.14 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 63.87500
----------------------------------------------------------------------------
0 0070485743 MORTGAGORS: WHEAT EDWARD
REGION CODE ADDRESS : 16365 EAST LA CHIQUITA
01 CITY : LOS GATOS
STATE/ZIP : CA 95032
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,251.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 36.46409
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,398,600.00
P & I AMT: 9,378.26 UPB AMT: 1,398,409.77
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 401
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070486014 MORTGAGORS: BINGHAM JERRY
BINGHAM JEANNEAN
REGION CODE ADDRESS : 2360 EAGLEWOOD DRIVE
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 322,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,143.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0070488143 MORTGAGORS: MARIN ERNESTO
MARIN LISA
REGION CODE ADDRESS : 8 MILL NECK LANE
01 CITY : PITTSFORD
STATE/ZIP : NY 14534
MORTGAGE AMOUNT : 350,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,692.72 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/19
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.70455
----------------------------------------------------------------------------
0 0070488341 MORTGAGORS: MOORE MICHAEL
MOORE KATHLEEN
REGION CODE ADDRESS : 8988 LELY ISLAND CIRCLE
01 CITY : NAPLES
STATE/ZIP : FL 33962
MORTGAGE AMOUNT : 243,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,599.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.57143
----------------------------------------------------------------------------
0 0070488556 MORTGAGORS: KENNEDY ROBERT
KENNEDY PATSY
REGION CODE ADDRESS : 3524 SPRINGHILL ROAD
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,270.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 62.50000
----------------------------------------------------------------------------
0 0070489042 MORTGAGORS: KREMER RICHARD
KREMER ELLEN
REGION CODE ADDRESS : 425 LYNN STREET
01 CITY : HARRINGTON
STATE/ZIP : NJ 07640
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,655.46 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,518,400.00
P & I AMT: 10,361.49 UPB AMT: 1,518,400.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 402
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070489331 MORTGAGORS: POULIN STEVE
POULIN JOAN
REGION CODE ADDRESS : 1 ALYCE COURT
01 CITY : SOMERS
STATE/ZIP : NY 10589
MORTGAGE AMOUNT : 307,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,993.14 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 87.80000
----------------------------------------------------------------------------
0 0070491519 MORTGAGORS: AHN HENRY
REGION CODE ADDRESS : 480 BUFFALO COURT
01 CITY : WEST NEW YO
STATE/ZIP : NJ 07093
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,945.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 73.11859
----------------------------------------------------------------------------
0 0070491600 MORTGAGORS: ROSEN PHILIP
ROSEN DIANE
REGION CODE ADDRESS : 87 ASHFORD DRIVE
01 CITY : SYOSSET
STATE/ZIP : NY 11791
MORTGAGE AMOUNT : 243,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,601.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.86364
----------------------------------------------------------------------------
0 0070491782 MORTGAGORS: MAROSKY NEW PATRICIA
NEWMAN MARC
REGION CODE ADDRESS : 4312 CEDAR OAK WYND
01 CITY : RALEIGH
STATE/ZIP : NC 27612
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 65.21739
----------------------------------------------------------------------------
0 0070492145 MORTGAGORS: SPRADLIN WILLIAM
SPRADLIN LINDA
REGION CODE ADDRESS : 15300 BLACKHAWK DRIVE
01 CITY : FORT MYERS
STATE/ZIP : FL 33912
MORTGAGE AMOUNT : 301,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,982.28 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,452,800.00
P & I AMT: 9,493.26 UPB AMT: 1,452,800.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 403
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070492657 MORTGAGORS: ELDER THOMAS
ELDER STEPHANIE
REGION CODE ADDRESS : 4 DORAL COURT
01 CITY : FRISCO
STATE/ZIP : TX 75034
MORTGAGE AMOUNT : 288,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,894.58 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 55.56840
----------------------------------------------------------------------------
0 0070493150 MORTGAGORS: SWEIDAN JACOB
SWEIDAN GABRIELA
REGION CODE ADDRESS : 55 MONTECITO DRIVE
01 CITY : CORONA DEL
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 983,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 981,383.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,539.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 015
LTV : 54.61111
----------------------------------------------------------------------------
0 0070494034 MORTGAGORS: BAUER DAVID
BAUER JOANNE
REGION CODE ADDRESS : 11141 GLADE DRIVE
01 CITY : RESTON
STATE/ZIP : VA 22091
MORTGAGE AMOUNT : 258,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,805.76 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/24
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.77778
----------------------------------------------------------------------------
0 0070494091 MORTGAGORS: DARGI JEFFREY
DARGI CARLENE
REGION CODE ADDRESS : 7751 PALENQUE STREET
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 326,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,251.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.12621
----------------------------------------------------------------------------
0 0070494588 MORTGAGORS: SUSSMAN ROBERT
SUSSMAN LESLIE
REGION CODE ADDRESS : 7 TERENCE DRIVE
01 CITY : MANALAPAN
STATE/ZIP : NJ 07726
MORTGAGE AMOUNT : 254,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,668.60 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 84.66667
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,109,800.00
P & I AMT: 14,160.46 UPB AMT: 2,108,183.78
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 404
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070494844 MORTGAGORS: MARANDOLA JOHN
MARANDOLA JENNIFER
REGION CODE ADDRESS : 232 SILVER SPRING ROAD
01 CITY : WILTON
STATE/ZIP : CT 06897
MORTGAGE AMOUNT : 280,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,842.03 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.19565
----------------------------------------------------------------------------
0 0070495403 MORTGAGORS: HILLS LISA
HILLS BARRY
REGION CODE ADDRESS : 45 WEST SUMMIT DRIVE
01 CITY : REDWOOD CIT
STATE/ZIP : CA 94062
MORTGAGE AMOUNT : 376,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,470.05 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070495890 MORTGAGORS: HELFAND JOSEPH
HELFAND LINDA
REGION CODE ADDRESS : 963 CHESTNUT HILL ROAD
01 CITY : S GLASTONBU
STATE/ZIP : CT 06073
MORTGAGE AMOUNT : 271,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.56 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 72.40000
----------------------------------------------------------------------------
0 0070496070 MORTGAGORS: SCHRAMM ROBERT
WILLIAMS NANCY
REGION CODE ADDRESS : 117 6TH STREET N.E.
01 CITY : WASHINGTON
STATE/ZIP : DC 20002
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 480,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,153.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070496294 MORTGAGORS: MARKS JACK
AURE KATHLEEN
REGION CODE ADDRESS : 782 ROSEMOUNT ROAD
01 CITY : OAKLAND
STATE/ZIP : CA 94610
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,931.37 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 61.25000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,701,900.00
P & I AMT: 11,180.27 UPB AMT: 1,701,900.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 405
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070496484 MORTGAGORS: SULLIVAN KEVIN
SULLIVAN ANNEMIEKE
REGION CODE ADDRESS : 3402 ROYAL WOOD DRIVE
01 CITY : CRYSTAL LAK
STATE/ZIP : IL 60014
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,965.60 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/19
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 72.72727
----------------------------------------------------------------------------
0 0070497375 MORTGAGORS: BRANT ZAWADZ MICHAEL
BRANT ZAWADZ VICTORIA
REGION CODE ADDRESS : 535 VIA LIDO SOUD
01 CITY : NEWPORT BEA
STATE/ZIP : CA 92663
MORTGAGE AMOUNT : 899,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 897,557.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,056.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 015
LTV : 38.45989
----------------------------------------------------------------------------
0 0070497417 MORTGAGORS: CAPANO ROBERT
CAPANO LORRAINE
REGION CODE ADDRESS : 21 GOLF CLUB DRIVE
01 CITY : AMAGANSETT
STATE/ZIP : NY 11930
MORTGAGE AMOUNT : 286,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,884.07 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 49.87826
----------------------------------------------------------------------------
0 0070497524 MORTGAGORS: MOLESKY MICHAEL
MOLESKY KATHERINE
REGION CODE ADDRESS : 2108 INVERRARY COURT
01 CITY : RALEIGH
STATE/ZIP : NC 27615
MORTGAGE AMOUNT : 278,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,808.29 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 48.19360
----------------------------------------------------------------------------
0 0070497987 MORTGAGORS: SCHMIESING DANIEL
SCHMIESING TIJA
REGION CODE ADDRESS : 18206 78TH STREET
01 CITY : GRANITE FAL
STATE/ZIP : WA 98252
MORTGAGE AMOUNT : 298,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.65 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 66.22222
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,018,600.00
P & I AMT: 13,672.34 UPB AMT: 2,017,157.89
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 406
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070499298 MORTGAGORS: CIRKSENA ANN
GASSLER PAULINE
REGION CODE ADDRESS : 651 ENSENADA AVENUE
01 CITY : BERKELEY
STATE/ZIP : CA 94707
MORTGAGE AMOUNT : 271,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.56 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 59.67033
----------------------------------------------------------------------------
0 0070499371 MORTGAGORS: FLAUGHER JEFFREY
FLAUGHER CYNTHIA
REGION CODE ADDRESS : 8440 REESE ROAD
01 CITY : INDEPENDENC
STATE/ZIP : MI 48348
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,299.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 47.94521
----------------------------------------------------------------------------
0 0070501135 MORTGAGORS: PAIK CHANG
PAIK DONG
REGION CODE ADDRESS : 3010 WEBER PLACE
01 CITY : OAKTON
STATE/ZIP : VA 22124
MORTGAGE AMOUNT : 617,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 617,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,054.56 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.99392
----------------------------------------------------------------------------
0 0070501358 MORTGAGORS: KELLEHER RICHARD
KELLEHER NANCY
REGION CODE ADDRESS : 47 CROOKED LANE
01 CITY : DUXBURY
STATE/ZIP : MA 02331
MORTGAGE AMOUNT : 435,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 435,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,857.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 43.06931
----------------------------------------------------------------------------
0 0070501572 MORTGAGORS: MANDEL RICHARD
MANDEL ARLENE
REGION CODE ADDRESS : 52 DAWN LANE
01 CITY : SUFFERN
STATE/ZIP : NY 10901
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,587.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,921,700.00
P & I AMT: 12,582.98 UPB AMT: 1,921,700.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 407
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070502729 MORTGAGORS: RONAI DOUGLAS
RONAI ROBIN
REGION CODE ADDRESS : 6 NURSERY COURT
01 CITY : NORWALK
STATE/ZIP : CT 06850
MORTGAGE AMOUNT : 262,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,702.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 58.33333
----------------------------------------------------------------------------
0 0070503669 MORTGAGORS: SILVERMAN DAVID
SILVERMAN BARBARA
REGION CODE ADDRESS : 2148 OLD GLENVIEW RD
01 CITY : WILMETTE
STATE/ZIP : IL 60091
MORTGAGE AMOUNT : 252,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,658.75 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 62.34568
----------------------------------------------------------------------------
0 0070503925 MORTGAGORS: KRAMER JOHN
KRAMER DIANE
REGION CODE ADDRESS : 123 DRISCOLL WAY
01 CITY : GAITHERSBUR
STATE/ZIP : MD 20878
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,671.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070504006 MORTGAGORS: FREEMAN DOUGLAS
HARTMANN FRE LILAINE
REGION CODE ADDRESS : 101 KENDALL COURT
01 CITY : GRANITE BAY
STATE/ZIP : CA 95746
MORTGAGE AMOUNT : 275,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,831.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.43421
----------------------------------------------------------------------------
0 0070504444 MORTGAGORS: PAN SHI HUI
REGION CODE ADDRESS : 619 EAST LONGDEN DRIVE
01 CITY : SAN GABRIEL
STATE/ZIP : CA 91775
MORTGAGE AMOUNT : 333,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,332.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 65.41176
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,391,850.00
P & I AMT: 9,197.12 UPB AMT: 1,391,850.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 408
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070505185 MORTGAGORS: NICHOLSON ALAN
ASHER NICHOL JOYCE
REGION CODE ADDRESS : 8750 NE LEWIS RIVER ROAD
01 CITY : ARIEL
STATE/ZIP : WA 98603
MORTGAGE AMOUNT : 278,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,855.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.51282
----------------------------------------------------------------------------
0 0070506878 MORTGAGORS: TAYLOR MARK
TAYLOR NANCY
REGION CODE ADDRESS : 480 MAYHEW COURT
01 CITY : SOUTH ORANG
STATE/ZIP : NJ 07079
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070506894 MORTGAGORS: BARDET WILLIAM
REGION CODE ADDRESS : 412 MONTEREY BOULEVARD
01 CITY : HERMOSA BEA
STATE/ZIP : CA 90254
MORTGAGE AMOUNT : 287,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,911.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 47.88333
----------------------------------------------------------------------------
0 0070507686 MORTGAGORS: ZACANTI JAMES
ZACANTI DENA
REGION CODE ADDRESS : 621 CUESTA DR
01 CITY : LOS ALTOS
STATE/ZIP : CA 94024
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 48.00000
----------------------------------------------------------------------------
0 0070507900 MORTGAGORS: YAMASHITA TATSUO
TYAU LAURIE
REGION CODE ADDRESS : 18 LILY POND COURT
01 CITY : ROCKVILLE
STATE/ZIP : MD 20852
MORTGAGE AMOUNT : 268,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,789.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.87263
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,415,100.00
P & I AMT: 9,389.58 UPB AMT: 1,415,100.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 409
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070508445 MORTGAGORS: CULLIGAN THOMAS
CULLIGAN KATHERINE
REGION CODE ADDRESS : 17501 CARRIGER ROAD
01 CITY : SONOMA
STATE/ZIP : CA 95476
MORTGAGE AMOUNT : 601,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 601,350.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,000.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 58.85779
----------------------------------------------------------------------------
0 0070510573 MORTGAGORS: ALMAND CHARLES
ALMAND LORI
REGION CODE ADDRESS : 1050 VIA DI SALERNO
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 819,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 817,653.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,448.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 015
LTV : 70.00000
----------------------------------------------------------------------------
0 0070511365 MORTGAGORS: BAKER H
BAKER KRISTIN
REGION CODE ADDRESS : 445 REDLANDS AVE
01 CITY : NEWPORT BEA
STATE/ZIP : CA 92663
MORTGAGE AMOUNT : 493,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 492,585.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,238.66 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.43411
----------------------------------------------------------------------------
0 0070514567 MORTGAGORS: CABLE WADE
CABLE SUSAN
REGION CODE ADDRESS : 1 PINEHURST LANE
01 CITY : NEWPORT BEA
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 999,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 999,169.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,821.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 57.96812
----------------------------------------------------------------------------
0 0070521158 MORTGAGORS: KOCH DAVID
KOCH CYNTHIA
REGION CODE ADDRESS : 4818 DALEWOOD DRIVE
01 CITY : EL DORADO H
STATE/ZIP : CA 95762
MORTGAGE AMOUNT : 273,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,885.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 82.22892
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 3,186,300.00
P & I AMT: 21,395.25 UPB AMT: 3,183,759.19
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 410
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070523154 MORTGAGORS: GABLE HAROLD
GABLE JANE
REGION CODE ADDRESS : 714 H STREET
01 CITY : GEARHART
STATE/ZIP : OR 97138
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,210.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070527940 MORTGAGORS: MAIOLO FRANK
MAIOLO VIRGINIA
REGION CODE ADDRESS : 16870 HAPPY LANDING DRIVE
01 CITY : MONUMENT
STATE/ZIP : CO 80132
MORTGAGE AMOUNT : 258,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,742.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.88571
----------------------------------------------------------------------------
0 0070528781 MORTGAGORS: GILHOOLEY DENNIS
GILHOOLEY CAROL
REGION CODE ADDRESS : 1N591 AUGUSTA COURT
01 CITY : WINFIELD
STATE/ZIP : IL 60190
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,920.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.83193
----------------------------------------------------------------------------
0 0070529219 MORTGAGORS: MITCHELL BENNETT
MITCHELL DEBBIE
REGION CODE ADDRESS : 8220 PASEO VISTA DRIVE
01 CITY : LAS VEGAS
STATE/ZIP : NV 89128
MORTGAGE AMOUNT : 262,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,787.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.08824
----------------------------------------------------------------------------
0 0070530134 MORTGAGORS: LEVIT LAWRENCE
PASCUAL ENILDA
REGION CODE ADDRESS : 5823 OGDEN COURT
01 CITY : BETHESDA
STATE/ZIP : MD 20816
MORTGAGE AMOUNT : 267,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,802.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.71582
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,393,200.00
P & I AMT: 9,462.68 UPB AMT: 1,393,200.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 411
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070533443 MORTGAGORS: WOLFE MAURICE
WOLFE PATRICIA
REGION CODE ADDRESS : 12 SILVER CIRCLE
01 CITY : RANCHO MIRA
STATE/ZIP : CA 92270
MORTGAGE AMOUNT : 311,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,096.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.93258
----------------------------------------------------------------------------
0 0070533518 MORTGAGORS: QUAGLIERI ANTHONY
TURNER QUAG MARY
REGION CODE ADDRESS : 3415 CHARING COURT
01 CITY : CHESAPEAKE
STATE/ZIP : MD 20732
MORTGAGE AMOUNT : 244,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,649.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070533880 MORTGAGORS: IDUMONYI SAMUEL
REGION CODE ADDRESS : 1357 15TH STREET
01 CITY : FORT LEE
STATE/ZIP : NJ 07024
MORTGAGE AMOUNT : 343,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,451.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/24
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.22222
----------------------------------------------------------------------------
0 0070534581 MORTGAGORS: KAPLAN DAVID
KAPLAN SUZIE
REGION CODE ADDRESS : 1106 WOTAN DRIVE
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 239,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,593.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 54.43182
----------------------------------------------------------------------------
0 0070537014 MORTGAGORS: LEVINSON DEBORAH
REGION CODE ADDRESS : 7 SPREAD OAK LANE
01 CITY : EAST HAMPTO
STATE/ZIP : NY 11937
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,146.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/24
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.43902
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,435,500.00
P & I AMT: 9,937.68 UPB AMT: 1,435,500.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 412
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070547674 MORTGAGORS: UNDERWOOD JOHN
UNDERWOOD DEBRA
REGION CODE ADDRESS : 470 CANOPY COURT
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 244,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,649.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070548888 MORTGAGORS: BARNETT GARY
BARNETT GWENDOLYN
REGION CODE ADDRESS : 3203 ALYSHEBA COURT
01 CITY : MITCHELLVIL
STATE/ZIP : MD 20721
MORTGAGE AMOUNT : 288,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,018.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 86.43713
----------------------------------------------------------------------------
0 0070549415 MORTGAGORS: WONG GARY
WONG JANET
REGION CODE ADDRESS : 3121 PERSIMMON CIRCLE
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 307,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,094.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.43045
----------------------------------------------------------------------------
0 0070551064 MORTGAGORS: ABDESAKEN FEREYDON
ABDESAKEN FATANEH
REGION CODE ADDRESS : 269 WESTWIND WAY
01 CITY : UPPER DUBLI
STATE/ZIP : PA 19025
MORTGAGE AMOUNT : 258,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,804.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.13569
----------------------------------------------------------------------------
0 0070552484 MORTGAGORS: NASH DAVID
NASH SHARON
REGION CODE ADDRESS : 6660 EDMONTON AVENUE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92122
MORTGAGE AMOUNT : 319,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,150.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,204.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.98810
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,417,850.00
P & I AMT: 9,771.81 UPB AMT: 1,417,850.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 413
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070552690 MORTGAGORS: SHOCKLEY HILLARY
REGION CODE ADDRESS : 356 SO PALM DRIVE
01 CITY : BEVERLY HIL
STATE/ZIP : CA 90212
MORTGAGE AMOUNT : 1,050,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 1,050,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 7,252.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 70.00000
----------------------------------------------------------------------------
0 0070556170 MORTGAGORS: PENLAND KIRK
PENLAND KARI
REGION CODE ADDRESS : 9 TRACY COURT
01 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 476,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 476,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,328.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.41420
----------------------------------------------------------------------------
0 0070556386 MORTGAGORS: ZABEN LEE
REGION CODE ADDRESS : 2 HYLIE COURT
01 CITY : NEWARK
STATE/ZIP : DE 19711
MORTGAGE AMOUNT : 247,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,686.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.47619
----------------------------------------------------------------------------
0 0070557830 MORTGAGORS: FOGEL DANIEL
NORELL EVE
REGION CODE ADDRESS : 3238 FUTURA POINT
01 CITY : THOUSAND OA
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 355,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,425.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070558119 MORTGAGORS: ROSA DAVID
ROSA DEANNA
REGION CODE ADDRESS : 949 WILLOW GLEN WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,010.65 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 63.91753
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,438,800.00
P & I AMT: 16,703.16 UPB AMT: 2,438,800.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 414
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070559000 MORTGAGORS: FEUER EDUARD
FEUER MARGARETE
REGION CODE ADDRESS : 1551 RAYMOND AVENUE
01 CITY : GLENDALE
STATE/ZIP : CA 91201
MORTGAGE AMOUNT : 455,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 455,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,109.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.34921
----------------------------------------------------------------------------
0 0070559182 MORTGAGORS: CHENG KUANG
HSIAO YEA
REGION CODE ADDRESS : 872 HYDE AVENUE
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,796.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.50000
----------------------------------------------------------------------------
0 0070559851 MORTGAGORS: YEUNG PAUL
YEUNG PAULINE
REGION CODE ADDRESS : 14602 178TH AVE NORTHEAST
01 CITY : WOODINVILLE
STATE/ZIP : WA 98072
MORTGAGE AMOUNT : 244,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,850.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,649.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 34.48592
----------------------------------------------------------------------------
0 0070561139 MORTGAGORS: BELINSKY CRAIG
BELINSKY VIKTORIA
REGION CODE ADDRESS : 3620 TORREY VIEW COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 329,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,150.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,217.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.83000
----------------------------------------------------------------------------
0 0070561436 MORTGAGORS: FARAGUNA JOHN
FARAGUNA KAREN
REGION CODE ADDRESS : 28 OAKS HUNT ROAD
01 CITY : GREAT NECK
STATE/ZIP : NY 11020
MORTGAGE AMOUNT : 353,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,384.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 64.34545
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,653,700.00
P & I AMT: 11,157.11 UPB AMT: 1,653,700.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 415
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070562764 MORTGAGORS: MCGOVERN JOHN
MCGOVERN PAULA
REGION CODE ADDRESS : 23102 VIA CELESTE
01 CITY : TRABUCO CAN
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 355,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,421.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 58.19672
----------------------------------------------------------------------------
0 0070562830 MORTGAGORS: CHITRE SANJEEV
CHITRE DEEPA
REGION CODE ADDRESS : 510 SANTA ROSA DRIVE
01 CITY : LOS GATOS
STATE/ZIP : CA 95032
MORTGAGE AMOUNT : 1,000,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 1,000,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 7,077.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 015
LTV : 55.55556
----------------------------------------------------------------------------
0 0070562962 MORTGAGORS: SCARBOROUGH J
SCARBOROUGH PHYLLIS
REGION CODE ADDRESS : 4779 PALM AVENUE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92686
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,692.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 55.68182
----------------------------------------------------------------------------
0 0070563325 MORTGAGORS: ERVIN ROGER
ERVIN JACQUELYN
REGION CODE ADDRESS : 8662 SW MULEDEER DRIVE
01 CITY : BEAVERTON
STATE/ZIP : OR 97007
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,796.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.05263
----------------------------------------------------------------------------
0 0070563812 MORTGAGORS: CHANG JIN
REGION CODE ADDRESS : 7 NORTH RIDGE RD
01 CITY : POMONA
STATE/ZIP : NY 10970
MORTGAGE AMOUNT : 348,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,349.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.98925
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,218,700.00
P & I AMT: 15,337.40 UPB AMT: 2,218,700.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 416
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070564265 MORTGAGORS: MERRILL GILBERT
MERRILL LORNA
REGION CODE ADDRESS : 830 RIDGE DRIVE
01 CITY : CONCORD
STATE/ZIP : CA 94518
MORTGAGE AMOUNT : 328,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,265.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.31373
----------------------------------------------------------------------------
0 0070564331 MORTGAGORS: COTE CHRIS
COTE DIANE
REGION CODE ADDRESS : 338 BEIRUT AVENUE
01 CITY : PACIFIC PAL
STATE/ZIP : CA 90272
MORTGAGE AMOUNT : 365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 365,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,367.38 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 69.92337
----------------------------------------------------------------------------
0 0070567912 MORTGAGORS: LEIGHTON JAMES
LEIGHTON ADRIAN
REGION CODE ADDRESS : 8 VILLAGE VIEW ROAD
01 CITY : WESTFORD
STATE/ZIP : MA 01886
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,953.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.45205
----------------------------------------------------------------------------
0 0070569090 MORTGAGORS: JENCO SALVATORE
REGION CODE ADDRESS : 853 NORTH GENESEE AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90046
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,122.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.41379
----------------------------------------------------------------------------
0 0070571518 MORTGAGORS: ZAMORA NICK
ZAMORA BONNIE
REGION CODE ADDRESS : 17822 WHITFORD LANE
01 CITY : HUNTINGTON
STATE/ZIP : CA 92649
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 420,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,689.31 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,718,000.00
P & I AMT: 11,398.09 UPB AMT: 1,718,000.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 417
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070571914 MORTGAGORS: GILDEA PATRICK
GILDEA AUDREY
REGION CODE ADDRESS : 9622 OLYMPIC DRIVE
01 CITY : HUNTINGTON
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,802.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.09091
----------------------------------------------------------------------------
0 0070576939 MORTGAGORS: HILL JAMES
HILL DOLORES
REGION CODE ADDRESS : 13874 JAMUL DRIVE
01 CITY : JAMUL
STATE/ZIP : CA 91935
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,812.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070577812 MORTGAGORS: LYNCH WILLIAM
SILLMAN CATHERINE
REGION CODE ADDRESS : 20203 SKYLINE BOULEVARD
01 CITY : WOODSIDE
STATE/ZIP : CA 94062
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 475,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,080.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 70.89552
----------------------------------------------------------------------------
0 0070579883 MORTGAGORS: DAY STEPHEN
DAY MARSHA
REGION CODE ADDRESS : 5812 WEST 75TH STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90045
MORTGAGE AMOUNT : 468,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 468,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,074.43 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070580139 MORTGAGORS: HAVERLAND JAMES
HAVERLAND JUDITH
REGION CODE ADDRESS : 604 MASSACHUSETTS AVE
01 CITY : BOSTON
STATE/ZIP : MA 02114
MORTGAGE AMOUNT : 260,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,863.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,716,100.00
P & I AMT: 11,583.34 UPB AMT: 1,715,912.98
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 418
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070582150 MORTGAGORS: O'BERRY KENNETH
O'BERRY KRISTEN
REGION CODE ADDRESS : 32567 CARMEL WAY
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 395,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 395,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,728.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.98704
----------------------------------------------------------------------------
0 0070582176 MORTGAGORS: SHEDD STEVEN
SHEDD TERRI
REGION CODE ADDRESS : 18 CEDAR RIDGE
01 CITY : IRVINE
STATE/ZIP : CA 92612
MORTGAGE AMOUNT : 527,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 527,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,684.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 65.06173
----------------------------------------------------------------------------
0 0070586417 MORTGAGORS: HSU WALTER
MALIG ELIZABETH
REGION CODE ADDRESS : 16801 NE 176TH STREET
01 CITY : WOODINVILLE
STATE/ZIP : WA 98072
MORTGAGE AMOUNT : 273,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,797.36 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0070588454 MORTGAGORS: SWEENEY KEVIN
SWEENEY L
REGION CODE ADDRESS : 2628 58TH STREET SOUTHWEST
01 CITY : EVERETT
STATE/ZIP : WA 98203
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.97436
----------------------------------------------------------------------------
0 0070589494 MORTGAGORS: A FREITAS MARIE
REGION CODE ADDRESS : 223 CONEFLOWER ST
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 153,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 153,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,005.10 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,656,700.00
P & I AMT: 11,291.23 UPB AMT: 1,656,700.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 419
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070590187 MORTGAGORS: COOKS CLIFFORD
COOKS DAVITA
REGION CODE ADDRESS : 7907 GREENEBROOK COURT
01 CITY : FAIRFAX STA
STATE/ZIP : VA 22039
MORTGAGE AMOUNT : 361,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 361,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,672.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/24
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 84.11628
----------------------------------------------------------------------------
0 0070590567 MORTGAGORS: HENRICH WILLIAM
HENRICH ROSEMARY
REGION CODE ADDRESS : 5958 CORTE PLAYA PACIFICA
01 CITY : SAN DIEGO
STATE/ZIP : CA 92124
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070592639 MORTGAGORS: SHAW BRENT
REGION CODE ADDRESS : 1301 AMBERDALE COURT
01 CITY : ANTIOCH
STATE/ZIP : CA 94509
MORTGAGE AMOUNT : 310,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,263.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,144.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0070594486 MORTGAGORS: FINCHER THOMAS
FINCHER JUDITH
REGION CODE ADDRESS : 17225 WHIRLWIND LANE
01 CITY : RAMONA
STATE/ZIP : CA 92065
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,747.43 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.87988
----------------------------------------------------------------------------
0 0070595418 MORTGAGORS: LUCENTE STEVEN
LUCENTE LORI
REGION CODE ADDRESS : 3223 NE KLICKITAT
01 CITY : PORTLAND
STATE/ZIP : OR 97212
MORTGAGE AMOUNT : 246,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,641.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.83819
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,436,900.00
P & I AMT: 9,882.77 UPB AMT: 1,436,663.73
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 420
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070596523 MORTGAGORS: WINTER JAMES
WINTER DIAN
REGION CODE ADDRESS : 7045 PARTRIDGE PLACE
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 356,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 356,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,398.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070597836 MORTGAGORS: THOMPSON GREGORY
THOMPSON M
REGION CODE ADDRESS : 4332 SECOND STREET
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.00000
----------------------------------------------------------------------------
0 0070599857 MORTGAGORS: MCGUINNESS MICHAEL
MCGUINNESS RUANN
REGION CODE ADDRESS : 2943 SAINT GREGORY ROAD
01 CITY : GLENDALE
STATE/ZIP : CA 91206
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,975.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.44444
----------------------------------------------------------------------------
0 0070602255 MORTGAGORS: NOBLE MICHAEL
NOBLE MAUREEN
REGION CODE ADDRESS : 4112 RAINWOOD AVENUE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 365,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 365,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,429.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.51613
----------------------------------------------------------------------------
0 0070605860 MORTGAGORS: WOON RICHARD
WOON JACQUELINE
REGION CODE ADDRESS : 994 JUNIPERO SERRA BLVD
01 CITY : SAN FRANCIS
STATE/ZIP : CA 94132
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,639,100.00
P & I AMT: 11,034.43 UPB AMT: 1,639,100.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 421
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070606306 MORTGAGORS: PRATT STEVEN
PRATT KATHERINE
REGION CODE ADDRESS : 2026 VIA VINA
01 CITY : SAN CLEMENT
STATE/ZIP : CA 92673
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,123.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070606397 MORTGAGORS: BOVENIZER BRIAN
BOVENIZER CATHERINE
REGION CODE ADDRESS : 1218 JILLIAN COURT
01 CITY : WALNUT CREE
STATE/ZIP : CA 94598
MORTGAGE AMOUNT : 269,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,950.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 79.11765
----------------------------------------------------------------------------
0 0070610092 MORTGAGORS: SWEENEY JOHN
MOSTACCIO SW SANDRA
REGION CODE ADDRESS : 462 GLENRIDGE ROAD
01 CITY : KEY BISCAYN
STATE/ZIP : FL 33149
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0070610324 MORTGAGORS: BRUSS JEFFERY
BRUSS SANDRA
REGION CODE ADDRESS : 10 RAINSTAR
01 CITY : IRVINE
STATE/ZIP : CA 92614
MORTGAGE AMOUNT : 405,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 405,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.14286
----------------------------------------------------------------------------
0 0070612338 MORTGAGORS: PENNY STEPHEN
PENNY DEBORAH
REGION CODE ADDRESS : 23271 CHERVIL COURT
01 CITY : VALENCIA
STATE/ZIP : CA 91354
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,991.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,566,000.00
P & I AMT: 10,868.38 UPB AMT: 1,566,000.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 422
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070612403 MORTGAGORS: CONDIE GARY
CONDIE MYRNA
REGION CODE ADDRESS : 25726 NORTH HOOD WAY
01 CITY : STEVENSON R
STATE/ZIP : CA 91381
MORTGAGE AMOUNT : 308,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,025.31 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99190
----------------------------------------------------------------------------
0 0070613880 MORTGAGORS: VOIGT GILBERT
VOIGT VIRGINIA
REGION CODE ADDRESS : 44939 SW KNIGHT ROAD
01 CITY : GASTON
STATE/ZIP : OR 97119
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070616586 MORTGAGORS: MARLEY JEFFREY
MARLEY LAURA
REGION CODE ADDRESS : 1045 SUNSET DRIVE
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 397,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 397,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,741.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.90566
----------------------------------------------------------------------------
0 0070617238 MORTGAGORS: ZANDI HOSSEIN
ZANDI SHALLA
REGION CODE ADDRESS : 6970 EAST AVENIDA DE
01 CITY : ANAHEIM
STATE/ZIP : CA 92807
MORTGAGE AMOUNT : 700,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 700,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,598.50 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 015
LTV : 58.33333
----------------------------------------------------------------------------
0 0070617881 MORTGAGORS: SALISBURY HENRY
SALISBURY ROBYN
REGION CODE ADDRESS : 11025 SW ESQUILINE CIRCUS
01 CITY : PORTLAND
STATE/ZIP : OR 97219
MORTGAGE AMOUNT : 305,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,058.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 31.82292
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,978,800.00
P & I AMT: 13,207.01 UPB AMT: 1,978,800.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 423
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070619929 MORTGAGORS: RUGEE KEVIN
RUGEE GAIL
REGION CODE ADDRESS : 6120 LAPORT STREET
01 CITY : LA MESA
STATE/ZIP : CA 91942
MORTGAGE AMOUNT : 328,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070620992 MORTGAGORS: SULLIVAN PATRICK
ZAPPETTI DAWN
REGION CODE ADDRESS : 130 OLD FARM ROAD
01 CITY : SAGAPONACK
STATE/ZIP : NY 11962
MORTGAGE AMOUNT : 375,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,496.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070621040 MORTGAGORS: SMITH JAMES
ALLISON BROOKE
REGION CODE ADDRESS : 5400 VAL VERDE ROAD
01 CITY : LOOMIS
STATE/ZIP : CA 95650
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,627.72 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070621495 MORTGAGORS: SINGLETON OZELLA
REGION CODE ADDRESS : 2317 WEST 74TH STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90043
MORTGAGE AMOUNT : 94,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 94,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 665.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 66.19718
----------------------------------------------------------------------------
0 0070621834 MORTGAGORS: HEWITT GREG
HILL DARLENE
REGION CODE ADDRESS : 3495 CHARTER OAK DRIVE
01 CITY : CARLSBAD
STATE/ZIP : CA 92008
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.04762
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,487,200.00
P & I AMT: 9,949.76 UPB AMT: 1,487,200.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 424
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070622519 MORTGAGORS: SIEFERT JOHN
SIEFERT ANN
REGION CODE ADDRESS : 827 J. AVENUE
01 CITY : CORONADO
STATE/ZIP : CA 92118
MORTGAGE AMOUNT : 510,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 510,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,393.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 61.81818
----------------------------------------------------------------------------
0 0070622915 MORTGAGORS: GALLAGHER GARY
GALLAGHER FAYE
REGION CODE ADDRESS : 9515 31ST AVENUE NW
01 CITY : SEATTLE
STATE/ZIP : WA 98117
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,661.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.88764
----------------------------------------------------------------------------
0 0070623327 MORTGAGORS: BRADSHAW RONALD
REGION CODE ADDRESS : 3285 OCEAN FRONT WALK
01 CITY : SAN DIEGO
STATE/ZIP : CA 92109
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,916.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070623335 MORTGAGORS: COLARUSSO JOSEPH
COLARUSSO KATHLEEN
REGION CODE ADDRESS : 4221 VIA MAR DE DELFINAS
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 399,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,627.06 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------------------
0 0070624093 MORTGAGORS: SMITH MICHAEL
ABLER MICHAEL
REGION CODE ADDRESS : 1384 MARTIN AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95126
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,594.39 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 72.72727
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,997,900.00
P & I AMT: 13,191.77 UPB AMT: 1,997,900.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 425
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070626155 MORTGAGORS: HELMBRECHT DIANA
REGION CODE ADDRESS : 4886 ALBERSON COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 502,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 502,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,301.07 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.27972
----------------------------------------------------------------------------
0 0070630900 MORTGAGORS: PADMANABHAN PRASAD
PRASAD PANNAGA
REGION CODE ADDRESS : 12107 MIL PITRERO ROAD
01 CITY : SAN DIEGO
STATE/ZIP : CA 92128
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070632070 MORTGAGORS: CANDELARIO RANDOLPH
CANDELARIO TAMMIE
REGION CODE ADDRESS : 2714 CORTE PONDEROSA
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 347,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,396.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.11111
----------------------------------------------------------------------------
0 0070632336 MORTGAGORS: STOUGHTON JULIANNE
NAWROCKI MARK
REGION CODE ADDRESS : 15 POWERS AVENUE
01 CITY : ANDOVER
STATE/ZIP : MA 01810
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 432,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,947.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.54545
----------------------------------------------------------------------------
0 0070634621 MORTGAGORS: LACEFIELD JOHN
LACEFIELD PATRICIA
REGION CODE ADDRESS : 28526 VIA REGGIO
01 CITY : LAGUNA NIGU
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,756.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,841,500.00
P & I AMT: 12,345.62 UPB AMT: 1,841,500.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 01/01/99
P.O. BOX 5260 TMS AG0004990130 00 01 03
PAGE: 426
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070635883 MORTGAGORS: MCKITTRICK JOANNA
REGION CODE ADDRESS : 6449 DOWLING DRIVE
01 CITY : LA JOLLA
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 302,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,011.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070641469 MORTGAGORS: SCHREIBER MOSHE
SCHREIBER DALIA
REGION CODE ADDRESS : 88 BEALS STREET #1
01 CITY : BROOKLINE
STATE/ZIP : MA 02146
MORTGAGE AMOUNT : 350,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,390.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070645411 MORTGAGORS: LEONARDIS MARY
LEONARDIS STEVEN
REGION CODE ADDRESS : 1140 DERBYSHIRE DRIVE
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,183.71 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 53.58491
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 3 LOAN AMT: 936,800.00
P & I AMT: 6,585.93 UPB AMT: 936,800.00
0 TOTAL NUM OF LOANS: 2128 LOAN AMT: 706,934,447.73
P & I AMT: 4,809,123.66 UPB AMT: 704,839,385.99
<PAGE>
EXHIBIT D
FORM OF SERVICER'S CERTIFICATE
----------------, ------
(month) (year)
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC Multi-Class Pass-Through Certificates,
Series 1999-1
Pursuant to the Pooling and Servicing Agreement dated as of January 1, 1999
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company"),
and State Street Bank and Trust Company (the "Trustee"), governing the
Certificates referred to above, the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this
month:
Mortgage Loan Information:
<TABLE>
<CAPTION>
<S> <C> <C>
(1) Aggregate Scheduled Monthly Payments:
(a) Principal $________
(b) Interest $________
(c) Total $________
(2) Aggregate Monthly Payments received and Monthly
Advances made this Month:
(a) Principal $________
(b) Interest $________
(c) Total $________
(3) Aggregate Principal Prepayments in part received and
applied in the applicable Prepayment Period:
(a) Principal $________
(b) Interest $________
(c) Total $________
(4) Aggregate Principal Prepayments in full received in
the applicable Prepayment Period:
(a) Principal $________
(b) Interest $________
(c) Total $________
(5) Aggregate Insurance Proceeds (including purchases
of Mortgage Loans by primary mortgage insurers) for
prior month:
(a) Principal $________
(b) Interest $________
(c) Total $________
(6) Aggregate Liquidation Proceeds for prior month:
(a) Principal $________
(b) Interest $________
(c) Total $________
(7) Aggregate Purchase Prices for Defaulted and
Modified Mortgage Loans:
(a) Principal $________
(b) Interest $________
(c) Total $________
(8) Aggregate Purchase Prices (and substitution
adjustments) for Defective Mortgage Loans:
(a) Principal $________
(b) Interest $________
(c) Total $________
(9) Pool Scheduled Principal Balance: $________
(10) Available Funds: $________
(11) Realized Losses for prior month: $________
(12) Aggregate Realized Losses and Debt Service
Reductions:
(a) Deficient Valuations $________
(b) Special Hazard Losses $________
(c) Fraud Losses $________
(d) Excess Bankruptcy Losses $________
(e) Excess Special Hazard Losses $________
(f) Excess Fraud Losses $________
(g) Debt Service Reductions $________
(13) Compensating Interest Payment: $________
</TABLE>
<TABLE>
<CAPTION>
(14) Accrued Certificate Interest, Unpaid Class Interest
Shortfalls and Pay-out Rate:
<S> <C> <C> <C> <C>
Class A1 $__________ $__________ ____%
Class A2 $__________ $__________ ____%
Class A3 $__________ $__________ ____%
Class A4 $__________ $__________ ____%
Class A5 $__________ $__________ ____%
Class A6 $__________ $__________ ____%
Class A7 $__________ $__________ ____%
Class A8 $__________ $__________ ____%
Class A9 $__________ $__________ ____%
Class A10 $__________ $__________ ____%
Class A11 $__________ $__________ ____%
Class A12 $__________ $__________ ____%
Class A13 $__________ $__________ ____%
Class A14 $__________ $__________ ____%
Class A15 $__________ $__________ ____%
Class M $__________ $__________ ____%
Class B1 $__________ $__________ ____%
Class B2 $__________ $__________ ____%
Class B3 $__________ $__________ ____%
Class B4 $__________ $__________ ____%
Class B5 $__________ $__________ ____%
Class R $__________ $__________ ____%
</TABLE>
(15) Accrual amount:
N/A
(16) Principal distributable:
Class A1 $__________
Class A2 $__________
Class A3 $__________
Class A4 $__________
Class A5 $__________
Class A6 $__________
Class A7 $__________
Class A8 $__________
Class A9 $__________
Class A10 $__________
Class A11 $__________
Class A12 $__________
Class A13 $__________
Class A14 $__________
Class A15 $__________
Class PO $__________
Class M $__________
Class B1 $__________
Class B2 $__________
Class B3 $__________
Class B4 $__________
Class B5 $__________
Class R $__________
(17) Additional distributions to the Class R Certificate
pursuant to Section 4.01(b):
Class R $__________
(18) Distributions Allocable to Unanticipated Recoveries:
Class A1 $__________
Class A2 $__________
Class A3 $__________
Class A4 $__________
Class A5 $__________
Class A6 $__________
Class A7 $__________
Class A8 $__________
Class A9 $__________
Class A10 $__________
Class A11 $__________
Class A12 $__________
Class A13 $__________
Class A14 $__________
Class A15 $__________
Class PO $__________
Class M $__________
Class B1 $__________
Class B2 $__________
Class B3 $__________
Class B4 $___________
Class B5 $__________
Class R $__________
B. Other Amounts:
1. Senior Percentage for such Distribution Date: _____________%
2. Senior Prepayment Percentage for such Distribution Date: _____________%
3. Junior Percentage for such Distribution Date: _____________%
4. Junior Prepayment Percentage for such Distribution Date: _____________%
5. Group II Senior Percentage for such Distribution Date: _____________%
6. Group II Senior Prepayment Distribution Percentage for such Distribution
Date: _____________%
7. Subordinate Certificate Writedown Amount for such Distribution Date:
$_____________
8. Prepayment Distribution Triggers satisfied:
Yes No
Class B1 _____ _____
Class B2 _____ _____
Class B3 _____ _____
Class B4 _____ _____
Class B5 _____ _____
9. Base Servicing Fee $___________
Supplemental Servicing Fee: $___________
Capitalized terms used in this Certificate shall have the same meanings as
in the Agreement.
<PAGE>
EXHIBIT E
FORM OF TRANSFER CERTIFICATE AS TO ERISA MATTERS FOR
DEFINITIVE ERISA-RESTRICTED CERTIFICATES
State Street Bank and Trust Company
Corporate Trust Department
225 Franklin Street
Boston, Massachusetts 02110
[NAME OF OFFICER] ______________________ hereby certifies that:
1. That he [she] is [title of officer] ___________________________________
of [name of Investor] _______________________________________ (the "Investor"),
a __________ ______________________ [description of type of entity] duly
organized and existing under the laws of the [State of ____________] [United
States], on behalf of which he [she] makes this affidavit.
2. The Investor (i) is not, and on ________________ [insert date of
transfer of Certificate to Investor] will not be, and on such date will not be
investing the funds of, an employee benefit plan subject to the Employee
Retirement Income Security Act of 1974, as amended ("ERISA") or a plan subject
to Section 4975 of the Code or (ii) is an insurance company investing assets of
its general account and the exemptions provided by Section III(a) of Department
of Labor Prohibited Transaction Class Exemption 95-60, 60 Fed. Reg. 35925 (July
12, 1995) (the "Exemptions") apply to the Investor's acquisition and holding or
any ERISA-Restricted Certificate.
3. The Investor hereby acknowledges that under the terms of the Pooling and
Servicing Agreement (the "Agreement") between State Street Bank and Trust
Company, as Trustee and GE Capital Mortgage Services, Inc., dated as of January
1, 1999, no transfer of any ERISA-Restricted Certificate shall be permitted to
be made to any person unless the Trustee has received (i) a certificate from
such transferee to the effect that (x) such transferee is not an employee
benefit plan subject to ERISA or a plan subject to Section 4975 of the Code (a
"Plan") and is not using the assets of any such employee benefit or other plan
to acquire any such Certificate or (y) such transferee is an insurance company
investing assets of its general account and the Exemptions apply to such
transferee's acquisition and holding of any such Certificate or (ii) an opinion
of counsel satisfactory to the Trustee to the effect that the purchase and
holding of any such Certificate will not constitute or result in the assets of
the Trust Fund created by the Agreement being deemed to be "plan assets" and
subject to the prohibited transaction provisions of ERISA or Section 4975 of the
Code and will not subject the Trustee or the Company to any obligation in
addition to those undertaken in the Agreement (provided, however, that the
Trustee will not require such certificate or opinion in the event that, as a
result of change of law or otherwise, counsel satisfactory to the Trustee has
rendered an opinion to the effect that the purchase and holding of any such
Certificate by a Plan or a Person that is purchasing or holding any such
Certificate with the assets of a Plan will not constitute or result in a
prohibited transaction under ERISA or Section 4975 of the Code).
[4. The ERISA-Restricted Certificates shall be registered in the name of
______________________________________________ as nominee for the Investor.]
IN WITNESS WHEREOF, the Investor has caused this instrument to be executed on
its behalf, pursuant to authority of its Board of Directors, by its [title of
officer] __________________ and its corporate seal to be hereunder attached,
attested by its [Assistant] Secretary, this ____ day of _________, 199_.
---------------------------------------
[name of Investor]
By:____________________________________
Name:
Title:
The undersigned hereby acknowledges that it is holding and will hold the
ERISA-Restricted Certificates at the exclusive direction of and as nominee of
the Investor named above.
- -------------------------------
[name of nominee]
By:____________________________
Name:
Title:
<PAGE>
EXHIBIT F
FORM OF RESIDUAL CERTIFICATE TRANSFEREE AFFIDAVIT
STATE OF )
) ss.:
COUNTY OF )
[NAME OF OFFICER], _________________ being first duly sworn, deposes and says:
1. That he [she] is [title of officer] ________________________ of [name of
Purchaser] _________________________________________ (the "Purchaser"), a
_________________ ____________________ [description of type of entity] duly
organized and existing under the laws of the [State of __________] [United
States], on behalf of which he [she] makes this affidavit.
2. That the Purchaser's Taxpayer Identification Number is [ ].
3. That the Purchaser is not a "disqualified organization" within the
meaning of Section 860E(e)(5) of the Internal Revenue Code of 1986, as amended
(the "Code") and will not be a "disqualified organization" as of [date of
transfer], and that the Purchaser is not acquiring a Residual Certificate (as
defined below) for the account of, or as agent (including a broker, nominee, or
other middleman) for, any person or entity from which it has not received an
affidavit substantially in the form of this affidavit. For these purposes, a
"disqualified organization" means the United States, any state or political
subdivision thereof, any foreign government, any international organization, any
agency or instrumentality of any of the foregoing (other than an instrumentality
if all of its activities are subject to tax and a majority of its board of
directors is not selected by such governmental entity), any cooperative
organization furnishing electric energy or providing telephone service to
persons in rural areas as described in Code Section 1381(a)(2)(C), or any
organization (other than a farmers' cooperative described in Code Section 521)
that is exempt from federal income tax unless such organization is subject to
the tax on unrelated business income imposed by Code Section 511. As used
herein, "Residual Certificate" means any Certificate designated as a "Class R
Certificate" of GE Capital Mortgage Services, Inc.'s REMIC Multi-Class
Pass-Through Certificates, Series 1999-1.
4. That the Purchaser is not, and on __________ [insert date of transfer of
Residual Certificate to Purchaser] will not be, and is not and on such date will
not be investing the assets of, an employee benefit plan subject to the Employee
Retirement Income Security Act of 1974, as amended ("ERISA"), or a plan subject
to Code Section 4975 or a person or entity that is using the assets of any
employee benefit plan or other plan to acquire a Residual Certificate.
5. That the Purchaser hereby acknowledges that under the terms of the
Pooling and Servicing Agreement (the "Agreement") between State Street Bank and
Trust Company, as Trustee, and GE Capital Mortgage Services, Inc., dated as of
January 1, 1999, no transfer of the Residual Certificates shall be permitted to
be made to any person unless the Trustee has received a certificate from such
transferee to the effect that such transferee is not an employee benefit plan
subject to ERISA or a plan subject to Section 4975 of the Code and is not using
the assets of any employee benefit plan or other plan to acquire Residual
Certificates.
6. That the Purchaser does not hold REMIC residual securities as nominee to
facilitate the clearance and settlement of such securities through electronic
book-entry changes in accounts of participating organizations (such entity, a
"Book-Entry Nominee").
7. That the Purchaser does not have the intention to impede the assessment
or collection of any federal, state or local taxes legally required to be paid
with respect to such Residual Certificate.
8. That the Purchaser will not transfer a Residual Certificate to any
person or entity (i) as to which the Purchaser has actual knowledge that the
requirements set forth in paragraph 3, paragraph 6 or paragraph 10 hereof are
not satisfied or that the Purchaser has reason to believe does not satisfy the
requirements set forth in paragraph 7 hereof, and (ii) without obtaining from
the prospective Purchaser an affidavit substantially in this form and providing
to the Trustee a written statement substantially in the form of Exhibit G to the
Agreement.
9. That the Purchaser understands that, as the holder of a Residual
Certificate, the Purchaser may incur tax liabilities in excess of any cash flows
generated by the interest and that it intends to pay taxes associated with
holding such Residual Certificate as they become due.
10. That the Purchaser (i) is not a Non-U.S. Person or (ii) is a Non-U.S.
Person that holds a Residual Certificate in connection with the conduct of a
trade or business within the United States and has furnished the transferor and
the Trustee with an effective Internal Revenue Service Form 4224 or successor
form at the time and in the manner required by the Code or (iii) is a Non-U.S.
Person that has delivered to both the transferor and the Trustee an opinion of a
nationally recognized tax counsel to the effect that the transfer of such
Residual Certificate to it is in accordance with the requirements of the Code
and the regulations promulgated thereunder and that such transfer of a Residual
Certificate will not be disregarded for federal income tax purposes. "Non-U.S.
Person" means an individual, corporation, partnership or other person other than
(i) a citizen or resident of the United States; (ii) a corporation (or entity
treated as a corporation for tax purposes) created or organized in the United
States or under the laws of the United States or of any state thereof,
including, for this purpose, the District of Columbia; (iii) a partnership (or
entity treated as a partnership for tax purposes) organized in the United States
or under the laws of the United States or of any state thereof, including, for
this purpose, the District of Columbia (unless provided otherwise by future
Treasury regulations); (iv) an estate whose income is includible in gross income
for United States income tax purposes regardless of its source; or (v) a trust,
if a court within the United States is able to exercise primary supervision over
the administration of the trust and one or more U.S. Persons have authority to
control all substantial decisions of the trust. Notwithstanding the last clause
of the preceding sentence, to the extent provided in Treasury regulations,
certain trusts in existence on August 20, 1996, and treated as U.S. Persons
prior to such date, may elect to continue to be U.S. Persons.
11. That the Purchaser agrees to such amendments of the Pooling and
Servicing Agreement as may be required to further effectuate the restrictions on
transfer of any Residual Certificate to such a "disqualified organization," an
agent thereof, a Book-Entry Nominee, or a person that does not satisfy the
requirements of paragraph 7 and paragraph 10 hereof.
12. That the Purchaser consents to the designation of the Company as its
agent to act as "tax matters person" of the Trust Fund, pursuant to the Pooling
and Servicing Agreement.
<PAGE>
IN WITNESS WHEREOF, the Purchaser has caused this instrument to be executed
on its behalf, pursuant to authority of its Board of Directors, by its [title of
officer] this _____ day of __________, 19__.
---------------------------------
[name of Purchaser]
By:______________________________
Name:
Title:
Personally appeared before me the above-named [name of officer]
________________, known or proved to me to be the same person who executed the
foregoing instrument and to be the [title of officer] _________________ of the
Purchaser, and acknowledged to me that he [she] executed the same as his [her]
free act and deed and the free act and deed of the Purchaser.
Subscribed and sworn before me this _____ day of __________, 19__.
NOTARY PUBLIC
- ------------------------------
COUNTY OF_____________________
STATE OF______________________
My commission expires the _____ day of __________, 19__.
<PAGE>
EXHIBIT G
[LETTER FROM TRANSFEROR OF RESIDUAL CERTIFICATE]
-------------------
Date
State Street Bank and Trust Company
Corporate Trust Department
225 Franklin Street
8th Floor
Boston, Massachusetts 02110
Re: GE Capital Mortgage Services, Inc.
REMIC Multi-Class Pass-Through
Certificates, Series 1999-1
Ladies and Gentlemen:
_______________________ (the "Transferor") has reviewed the attached
affidavit of _____________________________ (the "Transferee"), and has no actual
knowledge that such affidavit is not true and has no reason to believe that the
information contained in paragraph 7 thereof is not true, and has no reason to
believe that the Transferee has the intention to impede the assessment or
collection of any federal, state or local taxes legally required to be paid with
respect to a Residual Certificate. In addition, the Transferor has conducted a
reasonable investigation at the time of the transfer and found that the
Transferee had historically paid its debts as they came due and found no
significant evidence to indicate that the Transferee will not continue to pay
its debts as they become due.
Very truly yours,
-------------------------------
Name:
Title:
<PAGE>
EXHIBIT H
ADDITIONAL SERVICER COMPENSATION
QUALIFIED ADMINISTRATIVE EXPENSES
(Conventional, Non-Conforming Loans)
<TABLE>
<CAPTION>
<S> <C>
Assumption Fees $550 - $800
Late Charges Per Loan Documents
Appraisal/Inspection Fees Reasonable and Customary Charges
Partial Release Fees $300
Easements $150
Insufficient Funds Charges $15
Document Requests (copies of loan file
documents, additional pay-off quotations,
amortization schedules, payment histories) $0
Modification Fees Reasonable and Customary Charges
</TABLE>
<PAGE>
EXHIBIT I
FORM OF INVESTMENT LETTER FOR
DEFINITIVE RESTRICTED CERTIFICATES
---------------------
Date
State Street Bank and Trust Company
Corporate Trust Department
225 Franklin Street
8th Floor
Boston, Massachusetts 02110
Re: GE Capital Mortgage Services, Inc.
REMIC Multi-Class Pass Through
Certificates, Series 1999-1
Ladies and Gentlemen:
1. The undersigned, a [title of officer] _______________ of [name of
Investor] _________________________________________ (the "Investor"), a
______________ ___________________ [description of type of entity] duly
organized and existing under the laws of the [State of __________________]
[United States], hereby certifies as follows:
2. The Investor hereby acknowledges that under the terms of the Pooling and
Servicing Agreement between State Street Bank and Trust Company, as Trustee, and
GE Capital Mortgage Services, Inc. (the "Company"), dated as of January 1, 1999
(the "Agreement"), no transfer of a Restricted Certificate may be made unless
such transfer is exempt from the registration requirements of the Securities Act
of 1933, as amended (the "Securities Act"), and any applicable state securities
laws, or is made in accordance with the Securities Act and such laws.
3. The Investor understands that (a) the Restricted Certificates have not
been and will not be registered or qualified under the Securities Act, or the
securities laws of any state, (b) neither the Company nor the Trustee is
required, and neither intends, to so register or qualify the Restricted
Certificates, (c) the Restricted Certificates cannot be resold unless (i) they
are registered and qualified under the Securities Act and the applicable state
securities laws or (ii) such sale is exempt from the requirements of the
Securities Act, (d) the Agreement contains restrictions regarding the transfer
of the Restricted Certificates and (e) the Restricted Certificates will bear a
legend to the foregoing effect.
4. The Investor is acquiring the Restricted Certificates for its own
account for investment only and not with a view to or for sale or other transfer
in connection with any distribution of the Restricted Certificates in any manner
that would violate the Securities Act or any applicable state securities laws.
5. The Investor (a) is a substantial, sophisticated institutional investor
having such knowledge and experience in financial and business matters, and in
particular in such matters related to securities similar to the Restricted
Certificates, such that it is capable of evaluating the merits and risks of
investment in the Restricted Certificates, (b) is able to bear the economic
risks of such an investment and (c) is an "accredited investor" within the
meaning of Rule 501(a)(1), (2), (3) or (7) promulgated pursuant to the
Securities Act.
6. The Investor will not authorize nor has it authorized any person to (a)
offer, pledge, sell, dispose of or otherwise transfer any Restricted
Certificate, any interest in any Restricted Certificate or any other similar
security to any person in any manner, (b) solicit any offer to buy or to accept
a pledge, disposition or other transfer of any Restricted Certificate, any
interest in any Restricted Certificate or any other similar security from any
person in any manner, (c) otherwise approach or negotiate with respect to any
Restricted Certificate, any interest in any Restricted Certificate or any other
similar security with any person in any manner, (d) make any general
solicitation by means of general advertising or in any other manner, or (e) take
any other action that would constitute a distribution of any Restricted
Certificate under the Securities Act, that would render the disposition of any
Restricted Certificate a violation of Section 5 of the Securities Act or any
state securities law, or that could require registration or qualification
pursuant thereto. Neither the Investor nor anyone acting on its behalf has
offered the Restricted Certificates for sale or made any general solicitation by
means of general advertising or in any other manner with respect to the
Restricted Certificates. The Investor will not sell or otherwise transfer any of
the Restricted Certificates, except in compliance with the provisions of the
Agreement.
7. If an Investor in a Restricted Certificate sells or otherwise transfers
any such Certificate to a transferee other than a "qualified institutional
buyer" under Rule 144A of the Securities Act, such Investor will obtain (a) from
any subsequent purchaser the same certifications, representations, warranties
and covenants contained in the foregoing paragraphs and in this paragraph or (b)
an opinion of counsel in form and substance satisfactory to the Trustee pursuant
to the Agreement.
8. The Investor hereby indemnifies the Trustee and the Company against any
liability that may result if the Investor's transfer of a Restricted Certificate
(or any portion thereof) is not exempt from the registration requirements of the
Securities Act and any applicable state securities laws or is not made in
accordance with such federal and state laws. Such indemnification of the Trustee
and the Company shall survive the termination of the Agreement.
[9. The Restricted Certificates shall be registered in the name of
_____________________________ as nominee
for the Investor.]
IN WITNESS WHEREOF, the Investor has caused this instrument to be executed
on its behalf, pursuant to authority of its Board of Directors, by its [title of
officer] _____________ this _____ day of __________, 19__.
---------------------------------
[name of Investor]
By:______________________________
Name:
Title:
The undersigned hereby acknowledges that it is holding and will hold
the Restricted Certificates at the exclusive direction of and as nominee of the
Investor named above.
- ------------------------------
[name of nominee]
By:__________________________
Name:
Title:
<PAGE>
EXHIBIT J
FORM OF DISTRIBUTION DATE STATEMENT
-----------------, ------
(month) (year)
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC Multi-Class Pass-Through Certificates,
Series 1999-1
Pursuant to the Pooling and Servicing Agreement dated as of January 1, 1999
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company"),
and State Street Bank and Trust Company (the "Trustee"), governing the
Certificates referred to above, the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this
month:
The amounts below are for a Single Certificate of $1,000:
(1) Amount of distribution allocable to principal:
Class A1 $__________
Class A2 $__________
Class A3 $__________
Class A4 $__________
Class A5 $__________
Class A6 $__________
Class A7 $__________
Class A8 $__________
Class A9 $__________
Class A10 $__________
Class A11 $__________
Class A12 $__________
Class A13 $__________
Class A14 $__________
Class A15 $__________
Class PO $__________
Class M $__________
Class B1 $__________
Class B2 $__________
Class B3 $__________
Class B4 $__________
Class B5 $__________
Class R $__________
(2) Aggregate principal prepayments included in distribution:
Class A1 $__________
Class A2 $__________
Class A3 $__________
Class A4 $__________
Class A5 $__________
Class A6 $__________
Class A7 $__________
Class A8 $__________
Class A9 $__________
Class A10 $__________
Class A11 $__________
Class A12 $__________
Class A13 $__________
Class A14 $__________
Class A15 $__________
Class PO $__________
Class M $__________
Class B1 $__________
Class B2 $__________
Class B3 $__________
Class B4 $__________
Class B5 $__________
Class R $__________
(3) Amount of distribution allocable to interest; Pay-out Rate:
Class A1 $__________ ____%
Class A2 $__________ ____%
Class A3 $__________ ____%
Class A4 $__________ ____%
Class A5 $__________ ____%
Class A6 $__________ ____%
Class A7 $__________ ____%
Class A8 $__________ ____%
Class A9 $__________ ____%
Class A10 $__________ ____%
Class A11 $__________ ____%
Class A12 $__________ ____%
Class A13 $__________ ____%
Class A14 $__________ ____%
Class A15 $__________ ____%
Class M $__________ ____%
Class B1 $__________ ____%
Class B2 $__________ ____%
Class B3 $__________ ____%
Class B4 $__________ ____%
Class B5 $__________ ____%
Class R $__________ ____%
(4) Accrual Amount:
N/A
(5) Amount of distribution allocable to Unanticipated Recoveries:
Class A1 $__________ ____%
Class A2 $__________ ____%
Class A3 $__________ ____%
Class A4 $__________ ____%
Class A5 $__________ ____%
Class A6 $__________ ____%
Class A7 $__________ ____%
Class A8 $__________ ____%
Class A9 $__________ ____%
Class A10 $__________ ____%
Class A11 $__________ ____%
Class A12 $__________ ____%
Class A13 $__________ ____%
Class A14 $__________ ____%
Class A15 $__________ ____%
Class PO $__________ ____%
Class M $__________ ____%
Class B1 $__________ ____%
Class B2 $__________ ____%
Class B3 $__________ ____%
Class B4 $__________ ____%
Class B5 $__________ ____%
Class R $__________ ____%
(6) Servicing Compensation: $__________
The amounts below are for the aggregate of all Certificates:
(7) Pool Scheduled Principal Balance; number of Mortgage Loans: $__________
__________
(8) Class Certificate Principal Balance (or Notional Principal Balance) of
each Class; Certificate Principal Balance (or Notional Principal Balance) of
Single Certificate of each Class:
Single
Certificate
Class Balance Balance
----- ------- -------
Class A1 $__________ $__________
Class A2 $__________ $__________
Class A3 $__________ $__________
Class A4 $__________ $__________
Class A5 $__________ $__________
Class A6 $__________ $__________
Class A7 $__________ $__________
Class A8 $__________ $__________
Class A9 $__________ $__________
Class A10 $__________ $__________
Class A11 $__________ $__________
Class A12 $__________ $__________
Class A13 $__________ $__________
Class A14 $__________ $__________
Class A15 $__________ $__________
Class PO $__________ $__________
Class M $__________ $__________
Class B1 $__________ $__________
Class B2 $__________ $__________
Class B3 $__________ $__________
Class B4 $__________ $__________
Class B5 $__________ $__________
Class R $__________ $__________
(9) Book value of real estate acquired on behalf of Certificate-holders;
number of related Mortgage Loans: $__________ __________
(10) Aggregate Scheduled Principal Balance and number of delinquent
Mortgage Loans:
30-59 days delinquent $__________ __________
60-89 days delinquent $__________ __________
90 or more days delinquent $__________ __________
In foreclosure $__________ __________
(11) Aggregate Scheduled Principal Balance and number of replaced Mortgage
Loans: $__________ __________
(12) Aggregate Scheduled Principal Balance and number of modified Mortgage
Loans: $__________ __________
(13) Senior Percentage for such Distribution Date: __________%
(14) Senior Prepayment Percentage for such Distribution Date: __________%
(15) Group II Senior Percentage for such Distribution Date: __________%
(16) Group II Senior Prepayment Distribution Percentage for such
Distribution Date: __________%
(17) Junior Percentage for such Distribution Date: __________%
(18) Junior Prepayment Percentage for such Distribution Date: __________%
Capitalized terms used in this Statement shall have the same meanings as in
the Agreement.
<PAGE>
EXHIBIT K
FORM OF SPECIAL SERVICING
AND COLLATERAL FUND AGREEMENT
This SPECIAL SERVICING AND COLLATERAL FUND AGREEMENT (the "Agreement") is
made and entered into as of ____________________, 199_, between GE Capital
Mortgage Services, Inc. (the "Company") and _____________________________ (the
"Purchaser").
PRELIMINARY STATEMENT
___________________________ or an affiliate thereof is the holder of the
entire interest in REMIC Multi-Class Pass-Through Certificates, Series 199_-__,
Class B_ (the "Class B_ Certificates"). The Class B_ Certificates were issued
pursuant to a Pooling and Servicing Agreement (the "Pooling and Servicing
Agreement") dated as of ________ 1, 199_ between the Company (in its capacity as
servicer thereunder, the "Servicer") and State Street Bank and Trust Company as
Trustee.
____________________________ or an affiliate thereof intends to resell all
of the Class B_ Certificates directly to the Purchaser on or promptly after the
date hereof.
In connection with such sale, the parties hereto have agreed that the
Company, as Servicer, will engage in certain special servicing procedures
relating to foreclosures for the benefit of the Purchaser, and that the
Purchaser will deposit funds in a collateral fund to cover any losses
attributable to such procedures as well as all advances and costs in connection
therewith, as set forth herein.
[The parties hereto have further agreed that the Purchaser will have no
rights, and the Company will have no obligations under this Agreement until the
Class Certificate Principal Balance of the REMIC Multi-Class Pass-Through
Certificates, Series 199_-__, Class B5 (the "Class B5 Certificates") has been
reduced to zero, and any Special Servicing and Collateral Fund Agreement in
respect of such Class between the Company and the Purchaser has been
terminated.]
In consideration of the mutual agreements herein contained, the receipt and
sufficiency of which are hereby acknowledged, the Company and the Purchaser
agree that the following provisions shall become effective and shall be binding
on and enforceable by the Company and the Purchaser upon the acquisition by the
Purchaser of the Class B_ Certificates.
<PAGE>
ARTICLE I
DEFINITIONS
Section 1.01. Defined Terms. Whenever used in this Agreement, the following
words and phrases, unless the context otherwise requires, shall have the
following meanings:
Business Day: Any day other than (i) a Saturday or a Sunday of (ii) a day
on which banking institutions in New York City or Boston, Massachusetts are
required or authorized by law or executive order to be closed.
Collateral Fund: The fund established and maintained pursuant to Section
3.01 hereof.
Collateral Fund Permitted Investments: Either (i) obligations of, or
obligations fully guaranteed as to principal and interest by, the United States,
or any agency or instrumentality thereof, provided such obligations are backed
by the full faith and credit of the United States, (ii) repurchase agreements on
obligations specified in clause (i) provided that the unsecured obligations of
the party agreeing to repurchase such obligations are at the time rated by each
Rating Agency in the highest long-term rating category, (iii) federal funds,
certificates of deposit, time deposits and banker's acceptances of any U.S.
depository institution or trust company incorporated under the laws of the
United States or any state provided that the debt obligations of such depository
institution or trust company at the date of acquisition thereof have been rated
by each Rating Agency in the highest long-term rating category, (iv) commercial
paper of any corporation incorporated under the laws of the United States or any
state thereof which on the date of acquisition has the highest short term rating
of each Rating Agency, and (v) other obligations or securities that are
acceptable to each Rating Agency as a Collateral Fund Permitted Investment
hereunder and will not, as evidenced in writing, result in a reduction or
withdrawal in the then current rating of the Certificates and, for each of the
preceding clauses, the maturity thereof shall be not later than the earlier to
occur of (A) 30 days from the date of the related investment and (B) the
Business Day preceding the next succeeding Distribution Date.
Commencement of Foreclosure: The first official action required under local
law in order to commence foreclosure proceedings or to schedule a trustee's sale
under a deed of trust, including (i) in the case of a mortgage, any filing or
service of process necessary to commence an action to foreclose, or (ii) in the
case of a deed of trust, the posting, publishing, filing or delivery of a notice
of sale, but not including in either case (x) any notice of default, notice of
intent to foreclose or sell or any other action prerequisite to the actions
specified in (i) or (ii) above and, upon the consent of the Purchaser which will
be deemed given unless expressly withheld within two Business Days of
notification, (y) the acceptance of a deed-in-lieu of foreclosure (whether in
connection with a sale of the related property or otherwise) or (z) initiation
and completion of a short pay-off.
Current Appraisal: With respect to any Mortgage Loan as to which the
Purchaser has made an Election to Delay Foreclosure, an appraisal of the related
Mortgaged Property obtained by the Purchaser as nearly contemporaneously as
practicable to the time of the Purchaser's election, prepared based on the
Company's customary requirements for such appraisals.
Election to Delay Foreclosure: Any election by the Purchaser to delay the
Commencement of Foreclosure, made in accordance with Section 2.02(b).
Election to Foreclose: Any election by the Purchaser to proceed with the
Commencement of Foreclosure, made in accordance with Section 2.03(a).
Required Collateral Fund Balance: As of any date of determination, an
amount equal to the aggregate of all amounts previously required to be deposited
in the Collateral Fund pursuant to Section 2.02(d) (after adjustments for all
withdrawals and deposits prior to such date pursuant to Section 2.02(e)) and
Section 2.03(b) (after adjustment for all withdrawals and deposits prior to such
date pursuant to Section 2.03(c)) and Section 3.02, reduced by all withdrawals
therefrom prior to such date pursuant to Section 2.02(g) and Section 2.03(d).
Section 1.02. Definitions Incorporated by Reference. All capitalized terms
not otherwise defined in this Agreement shall have the meanings assigned in the
Pooling and Servicing Agreement.
ARTICLE II
SPECIAL SERVICING PROCEDURES
Section 2.01. Reports and Notices.
(a) In connection with the performance of its duties under the Pooling and
Servicing Agreement relating to the realization upon defaulted Mortgage Loans,
the Company as Servicer shall provide to the Purchaser the following notices and
reports:
(i) Within five Business Days after each Distribution Date (or
included in or with the monthly statements to Certificateholders pursuant
to the Pooling and Servicing Agreement), the Company, as Servicer, shall
provide to the Purchaser a report, using the same methodology and
calculations in its standard servicing reports, indicating for the Trust
Fund the number of Mortgage Loans that are (A) thirty days, (B) sixty days,
(C) ninety days or more delinquent or (D) in foreclosure, and indicating
for each such Mortgage Loan the loan number and outstanding principal
balance.
(ii) Prior to the Commencement of Foreclosure in connection with any
Mortgage Loan, the Company shall provide the Purchaser with a notice (sent
by facsimile transmission) of such proposed and imminent foreclosure,
stating the loan number and the aggregate amount owing under the Mortgage
Loan. Such notice may be provided to the Purchaser in the form of a copy of
a referral letter from the Company to an attorney requesting the
institution of foreclosure or a copy of a request to foreclose received by
the Company from the related primary servicer which has been approved by
the Company.
(b) If requested by the Purchaser, the Company shall make its servicing
personnel available (during their normal business hours) to respond to
reasonable inquiries, in writing by facsimile transmission, by the Purchaser in
connection with any Mortgage Loan identified in a report under subsection (a)(i)
or (a)(ii) which has been given to the Purchaser, provided, that (1) the Company
shall only be required to provide information that is readily accessible to its
servicing personnel and is non-confidential and (2) the Company shall respond
within five Business Days orally or in writing by facsimile transmission.
(c) In addition to the foregoing, the Company shall provide to the
Purchaser such information as the Purchaser may reasonably request concerning
each Mortgage Loan that is at least sixty days delinquent and each Mortgage Loan
which has become real estate owned, through the final liquidation thereof,
provided, that the Company shall only be required to provide information that is
readily accessible to its servicing personnel and is non-confidential.
Section 2.02. Purchaser's Election to Delay Foreclosure Proceedings.
(a) The Purchaser shall be deemed to direct the Company that in the event
that the Company does not receive written notice of the Purchaser's election
pursuant to subsection (b) below within 24 hours (exclusive of any intervening
non-Business Days) of transmission of the notice provided by the Company under
Section 2.01(a)(ii) subject to extension as set forth in Section 2.02(b), the
Company may proceed with the Commencement of Foreclosure in respect of such
Mortgage Loan in accordance with its normal foreclosure policies without further
notice to the Purchaser. Any foreclosure that has been initiated may be
discontinued (i) without notice to the Purchaser if the Mortgage Loan has been
brought current or if a refinancing or prepayment occurs with respect to the
Mortgage Loan (including by means of a short payoff approved by the Company) or
(ii) with notice to the Purchaser if the Company has reached the terms of a
forbearance agreement with the borrower. In such latter case the Company may
complete such forbearance agreement unless instructed otherwise by the Purchaser
within two Business Days of notification.
(b) In connection with any Mortgage Loan with respect to which a notice
under Section 2.01(a)(ii) has been given to the Purchaser, the Purchaser may
elect to instruct the Company to delay the Commencement of Foreclosure until
such time as the Purchaser determines that the Company may proceed with the
Commencement of Foreclosure. Such election must be evidenced by written notice
received within 24 hours (exclusive of any intervening non-Business Days) of
transmission of the notice provided by the Company under Section 2.01(a)(ii).
The Purchaser shall send a copy of such notice of election to each Rating Agency
as soon as practicable thereafter. Such 24-hour period shall be extended for no
longer than an additional four Business Days after the receipt of the
information if the Purchaser requests additional information related to such
foreclosure within such 24-hour period; provided, however, that the Purchaser
will have at least one Business Day to make such election following its receipt
of any requested additional information. Any such additional information shall
(i) not be confidential in nature and (ii) be obtainable by the Company from
existing reports, certificates or statements or otherwise be readily accessible
to its servicing personnel. The Purchaser agrees that it has no right to deal
with the mortgagor. However, if the Company's normal foreclosure policies
include acceptance of a deed-in-lieu of foreclosure or short payoff, the
Purchaser will be notified and given two Business Days to respond.
(c) With respect to any Mortgage Loan as to which the Purchaser has made an
Election to Delay Foreclosure, the Purchaser shall obtain a Current Appraisal as
soon as practicable, and shall provide the Company with a copy of such Current
Appraisal.
(d) Within two Business Days of making any Election to Delay Foreclosure,
the Purchaser shall remit by wire transfer to the Trustee, for deposit in the
Collateral Fund, an amount, as calculated by the Company, equal to the sum of
(i) 125% of the greater of the Scheduled Principal Balance of the Mortgage Loan
and the value shown in the Current Appraisal referred to in subsection (c) above
(or, if such Current Appraisal has not yet been obtained, the Company's estimate
thereof, in which case the required deposit under this subsection shall be
adjusted upon obtaining such Current Appraisal), and (ii) three months' interest
on the Mortgage Loan at the applicable Mortgage Rate. If any Election to Delay
Foreclosure extends for a period in excess of three months (such excess period
being referred to herein as the "Excess Period"), the Purchaser shall remit by
wire transfer in advance to the Trustee for deposit in the Collateral Fund the
amount of each additional month's interest, as calculated by the Company, equal
to interest on the Mortgage Loan as the applicable Mortgage Rate for the Excess
Period. The terms of this Agreement will no longer apply to the servicing of any
Mortgage Loan upon the failure of the Purchaser to deposit the above amounts
relating to the Mortgage Loan within two Business Days of (i) the Election to
Delay Foreclosure or (ii) the beginning of the related Excess Period, as the
case may be.
(e) With respect to any Mortgage Loan as to which the Purchaser has made an
Election to Delay Foreclosure, the Company or the Trustee may withdraw from the
Collateral Fund from time to time amounts necessary to reimburse the Company for
all related Monthly Advances and Liquidation Expenses thereafter made by the
Company as Servicer in accordance with the Pooling and Servicing Agreement. To
the extent that the amount of any such Liquidation Expense is determined by the
Company based on estimated costs, and the actual costs are subsequently
determined to be higher, the Company or the Trustee may withdraw the additional
amount from the Collateral Fund to reimburse the Company. In the event that the
Mortgage Loan is brought current by the mortgagor, the amounts so withdrawn from
the Collateral Fund shall be redeposited therein as and to the extent that
reimbursement therefor from amounts paid by the mortgagor is not prohibited
pursuant to the Pooling and Servicing Agreement as of the date hereof. Except as
provided in the preceding sentence, amounts withdrawn from the Collateral Fund
to cover Monthly Advances and Liquidation Expenses shall not be redeposited
therein or otherwise reimbursed to the Purchaser. If and when any such Mortgage
Loan is brought current by the mortgagor, all amounts remaining in the
Collateral Fund in respect of such Mortgage Loan (after adjustment for all
previous withdrawals and deposits pursuant to this subsection and after
reimbursement to the Servicer for all related Monthly Advances) shall be
released to the Purchaser.
(f) With respect to any Mortgage Loan as to which the Purchaser has made an
Election to Delay Foreclosure, the Company shall continue to service the
Mortgage Loan in accordance with its customary procedures (other than the delay
in Commencement of Foreclosure as provided herein). If and when, following such
election, the Purchaser shall notify the Company that it believes that it is
appropriate to do so, the Company shall proceed with the Commencement of
Foreclosure; provided that, in any event, if the Mortgage Loan is not brought
current by the mortgagor by the time the loan becomes 6 months delinquent, the
Purchaser's election shall no longer be effective, unless the Purchaser shall
have purchased the related Mortgage Loan promptly following (and in any event
not later than the third Business Day after) the end of such 6-month period in
the manner provided in the following two sentences, and the Company shall be
entitled to proceed with the Commencement of Foreclosure. Any purchase of such
Mortgage Loan by the Purchaser pursuant to the preceding sentence shall be at a
purchase price equal to the unpaid principal balance of the Mortgage Loan plus
accrued interest at the Mortgage Rate from the date last paid by the mortgagor.
Such purchase price shall be deposited by the Purchaser into the Collateral Fund
in immediately available funds on the Business Day which is the date of purchase
and the Purchaser shall instruct the Trustee (with notice to the Company) to
withdraw such amount therefrom on such Business Day and remit the same to the
Trust Fund for application as Liquidation Proceeds pursuant to the Pooling and
Servicing Agreement. Following such withdrawal, all amounts remaining in the
Collateral Fund in respect of such Mortgage Loan (after adjustment for all
previous withdrawals and deposits pursuant to this Agreement and after
reimbursement to the Servicer for all related Monthly Advances) shall be
released to the Purchaser.
(g) Upon the occurrence of a liquidation with respect to any Mortgage Loan
as to which the Purchaser made an Election to Delay Foreclosure and as to which
the Company proceeded with the Commencement of Foreclosure in accordance with
subsection (f) above, the Company shall calculate the amount, if any, by which
the value shown on the Current Appraisal obtained under subsection (c) exceeds
the actual sales price obtained for the related Mortgaged Property (net of
Liquidation Expenses and unreimbursed Monthly Advances related to the extended
foreclosure period), and the Company or the Trustee shall withdraw the amount of
such excess from the Collateral Fund and shall remit the same to the Trust Fund
for application as additional Liquidation Proceeds pursuant to the Pooling and
Servicing Agreement. After making such withdrawal, all amounts remaining in the
Collateral Fund in respect of such Mortgage Loan (after adjustment for all
withdrawals and deposits pursuant to subsection (e) and after reimbursement to
the Servicer for all related Monthly Advances) shall be released to the
Purchaser.
Section 2.03. Purchaser's Election to Commence Foreclosure Proceedings.
(a) In connection with any Mortgage Loan identified in a report under
Section 2.01(a)(i)(B), the Purchaser may elect to instruct the Company to
proceed with the Commencement of Foreclosure as soon as practicable. Such
election must be evidenced by written notice received by the Company by 5:00
p.m., New York City time, on the third Business Day following the delivery of
such report under Section 2.01(a)(i).
(b) Within two Business Days of making any Election to Foreclose, the
Purchaser shall remit to the Trustee, for deposit in the Collateral Fund, an
amount, as calculated by the Company, equal to 125% of the current Scheduled
Principal Balance of the Mortgage Loan and three months' interest on the
Mortgage Loan at the applicable Mortgage Rate. If and when any such Mortgage
Loan is brought current by the mortgagor, all amounts in the Collateral Fund in
respect of such Mortgage Loan (after adjustment for all withdrawals and deposits
pursuant to subsection (c) below) shall be released to the Purchaser. The terms
of this Agreement will no longer apply to the servicing of any Mortgage Loan
upon the failure of the Purchaser to deposit the above amounts relating to the
Mortgage Loan within two Business Days of the Election to Foreclose.
(c) With respect to any Mortgage Loan as to which the Purchaser has made an
Election to Foreclose, the Company shall continue to service the Mortgage Loan
in accordance with its customary procedures. In connection therewith, the
Company shall have the same rights to make withdrawals for Monthly Advances and
Liquidation Expenses from the Collateral Fund as are provided under Section
2.02(e), and the Company shall make reimbursements thereto to the limited extent
provided under such subsection. The Company shall not be required to proceed
with the Commencement of Foreclosure if (i) the same is stayed as a result of
the mortgagor's bankruptcy or is otherwise barred by applicable law, or to the
extent that all legal conditions precedent thereto have not yet been complied
with, or (ii) the Company believes there is a breach of representations or
warranties by the Company, which may result in a repurchase or substitution of
such Mortgage Loan, or (iii) the Company has or expects to have the right under
the Pooling and Servicing Agreement to purchase the defaulted Mortgage Loan and
intends to exercise such right or (iv) the Company reasonably believes the
Mortgaged Property may be contaminated with or affected by hazardous wastes or
hazardous substances (and the Company supplies the Purchaser with information
supporting such belief) or (v) the same is prohibited by or is otherwise
inconsistent with the provisions of the Pooling and Servicing Agreement. Any
foreclosure that has been initiated may be discontinued (i) without notice to
the Purchaser if the Mortgage Loan has been brought current or if a refinancing
or prepayment occurs with respect to the Mortgage Loan (including by means of a
short payoff approved by the Purchaser) or (ii) with notice to the Purchaser if
the Company has reached the terms of a forbearance agreement unless instructed
otherwise by the Purchaser within two Business Days of notification.
(d) Upon the occurrence of a liquidation with respect to any Mortgage Loan
as to which the Purchaser made an Election to Foreclose and as to which the
Company proceeded with the Commencement of Foreclosure in accordance with
subsection (c) above, the Company shall calculate the amount, if any, by which
the Scheduled Principal Balance of the Mortgage Loan at the time of liquidation
(plus all unreimbursed Monthly Advances and Liquidation Expenses in connection
therewith other than those previously paid from the Collateral Fund) exceeds the
actual sales price obtained for the related Mortgaged Property, and the Company
or the Trustee shall withdraw the amount of such excess from the Collateral Fund
and shall remit the same to the Trust Fund for application as additional
Liquidation Proceeds pursuant to the Pooling and Servicing Agreement. After
making such withdrawal, all amounts remaining in the Collateral Fund (after
adjustment for all withdrawals and deposits pursuant to subsection (c) above and
after reimbursement to the Servicer for all related Monthly Advances) in respect
of such Mortgage Loan shall be released to the Purchaser.
Section 2.04. Termination.
(a) With respect to all Mortgage Loans included in the Trust Fund, the
Purchaser's right to make any Election to Delay Foreclosure or any Election to
Foreclose and the Company's obligations under Section 2.01 shall terminate on
the earliest to occur of the following: (i) at such time as the Class
Certificate Principal Balance of the Class B_ Certificates has been reduced to
zero, (ii) if the greater of (x) 43% (or such lower or higher percentage that
represents the Company's actual loss experience with respect to the Mortgage
Loans in the related pool) of the aggregate principal balance of all Mortgage
Loans that are in foreclosure or are more than 90 days delinquent on a
contractual basis and the aggregate book value of REO properties or (y) the
aggregate amount that the Company estimates through its normal servicing
practices will be required to be withdrawn from the Collateral Fund with respect
to Mortgage Loans as to which the Purchaser has made an Election to Delay
Foreclosure or an Election to Foreclose exceeds (z) the then-current Class
Certificate Principal Balance of the Class B_ Certificates, or (iii) upon any
transfer by the Purchaser of any interest (other than the minority interest
therein, but only if the transferee provides written acknowledgment to the
Company of the Purchaser's right hereunder and that such transferee will have no
rights hereunder) in the Class B_ Certificates [or in the Class B5 Certificates]
(whether or not such transfer is registered under the Pooling and Servicing
Agreement), including any such transfer in connection with a termination of the
Trust Fund. Unless earlier terminated as set forth herein, this Agreement and
the respective rights, obligations and responsibilities of the Purchaser and the
Company hereunder shall terminate immediately upon (x) the later to occur of (i)
the final liquidation of the last Mortgage Loan as to which the Purchaser made
any Election to Delay Foreclosure or any Election to Foreclose and the
withdrawal of all remaining amounts in the Collateral Fund as provided herein
and (ii) ten (10) Business Days' notice or (y) the occurrence of any event that
results in the Purchaser becoming an "affiliate" of the Trustee within the
meaning of the Prohibited Transaction Exemption (as defined in the Pooling and
Servicing Agreement).
(b) The Purchaser's rights pursuant to Section 2.02 or 2.03 of this
Agreement shall terminate with respect to a Mortgage Loan as to which the
Purchaser has exercised its rights under Section 2.02 or 2.03 hereof, upon
Purchaser's failure to deposit any amounts required pursuant to Section 2.02(d)
or 2.03(b) after one Business Day's notice of such failure.
Section 2.05. Notification. The Purchaser shall promptly notify the Trustee
and the Company if such Purchaser becomes aware of any discussions, plans or
events that might lead to such Person's becoming an "affiliate" (within the
meaning of the Prohibited Transaction Exemption) of the Trustee, provided that
the contents of any such notification shall be kept confidential by the parties
to this Agreement.
ARTICLE III
COLLATERAL FUND; SECURITY INTEREST
Section 3.01. Collateral Fund. Upon payment by the Purchaser of the initial
amount required to be deposited in the Collateral Fund pursuant to Article II,
the Company shall request the Trustee to establish and maintain with the Trustee
a segregated account entitled "REMIC Multi-Class Pass-Through Certificates
199_-__ Collateral Fund, for the benefit of GE Capital Mortgage Services, Inc.
and State Street Bank and Trust Company on behalf of Certificateholders, as
secured parties" (the "Collateral Fund"). Amounts held in the Collateral Fund
shall continue to be the property of the Purchaser, subject to the first
priority security interest granted hereunder for the benefit of such secured
parties, until withdrawn from the Collateral Fund pursuant to the Section 2.02
or 2.03 hereof.
Upon the termination of this Agreement and the liquidation of all Mortgage
Loans as to which the Purchaser has made any Election to Delay Foreclosure or
any Election to Foreclose pursuant to Section 2.04 hereof, the Company shall
distribute to the Purchaser all amounts remaining in the Collateral Fund
together with any investment earnings thereon (after giving effect to all
withdrawals therefrom permitted under this Agreement).
The Purchaser shall not take or direct the Company or the Trustee to take
any action contrary to any provision of the Pooling and Servicing Agreement. In
no event shall the Purchaser (i) take or cause the Trustee or the Company to
take any action that could cause any REMIC established under the Pooling and
Servicing Agreement to fail to qualify as a REMIC or cause the imposition on any
such REMIC of any "prohibited transaction" or "prohibited contribution" taxes or
(ii) cause the Trustee or the Company to fail to take any action necessary to
maintain the status of any such REMIC as a REMIC.
Section 3.02. Collateral Fund Permitted Investments. The Company shall, at
the written direction of the Purchaser, direct the Trustee to invest the funds
in the Collateral Fund in the name of the Trustee in Collateral Fund Permitted
Investments. Such direction shall not be changed more frequently then quarterly.
In the absence of any direction, the Company shall direct the Trustee select
such investments in accordance with the definition of Collateral Fund Permitted
Investments in its discretion.
All income and gain realized from any investment as well as any interest
earned on deposits in the Collateral Fund (net of any losses on such
investments) and any payments of principal made in respect of any Collateral
Fund Permitted Investment shall be deposited in the Collateral Fund upon
receipt. All costs and realized losses associated with the purchase and sale of
Collateral Fund Permitted Investments shall be borne by the Purchaser and the
amount of net realized losses shall be promptly deposited by the Purchaser in
the Collateral Fund. The Company shall periodically (but not more frequently
than monthly) direct the Trustee to distribute to the Purchaser upon request an
amount of cash, to the extent cash is available therefor in the Collateral Fund,
equal to the amount by which the balance of the Collateral Fund, after giving
effect to all other distributions to be made from the Collateral Fund on such
date, exceeds the Required Collateral Fund Balance. Any amounts so distributed
shall be released from the lien and security interest of this Agreement.
Section 3.03. Grant of Security Interest. In order to secure the
obligations of the Purchaser hereunder to the Company and the Trustee for the
benefit of Certificateholders (other than its obligations under Section 4.10),
the Purchaser hereby grants to the Company and to the Trustee for the benefit of
the Certificateholders a security interest in and lien on all of the Purchaser's
right, title and interest, whether now owned or hereafter acquired, in and to:
(1) the Collateral Fund, (2) all amounts deposited in the Collateral Fund and
Collateral Fund Permitted Investments in which such amounts are invested (and
the distributions and proceeds of such investments) and (3) all cash and
non-cash proceeds of any of the foregoing, including proceeds of the voluntary
or involuntary conversion thereof (all of the foregoing collectively, the
"Collateral").
The Purchaser acknowledges the lien on and security interest in the
Collateral for the benefit of the Company and the Trustee on behalf of the
Certificateholders. The Purchaser shall take all actions requested by the
Company or the Trustee as may be reasonably necessary to perfect the security
interest created under this Agreement in the Collateral and cause it to be prior
to all other security interests and liens, including the execution and delivery
to the Company or at its direction the Trustee for filing of appropriate
financing statements in accordance with applicable law.
Section 3.04. Collateral Shortfalls. In the event that amounts on deposit
in the Collateral Fund at any time are insufficient to cover any withdrawals
therefrom that the Company or the Trustee is then entitled to make hereunder,
the Purchaser shall be obligated to pay such amounts to the Company or the
Trustee immediately upon demand. Such obligation shall constitute a general
corporate obligation of the Purchaser. The failure to pay such amounts within
two Business Days of such demand (except for amounts to cover interest on a
Mortgage Loan pursuant to Sections 2.02(d) and 2.03(b)), shall cause an
immediate termination of the Purchaser's right to make any Election to Delay
Foreclosure or Election to Foreclose and the Company's obligations under this
Agreement with respect to all Mortgage Loans to which such insufficiencies
relate, without the necessity of any further notice or demand on the part of the
Company.
ARTICLE IV
MISCELLANEOUS PROVISIONS
Section 4.01. Amendment. This Agreement may be amended from time to time by
the Company and the Purchaser by written agreement signed by the Company and the
Purchaser provided that no such amendment shall have a material adverse effect
on the holders of other Classes of Certificates.
Section 4.02. Counterparts. This Agreement may be executed simultaneously
in any number of counterparts, each of which counterparts shall be deemed to be
an original, and such counterparts shall constitute but one and the same
instrument.
Section 4.03. Governing Law. This Agreement shall be construed in
accordance with the laws of the State of New York and the obligations, rights
and remedies of the parties hereunder shall be determined in accordance with
such laws.
Section 4.04. Notices. All demands, notices and direction hereunder shall
be in writing or by telecopy and shall be deemed effective upon receipt to:
(a) in the case of the Company, with respect to notices pursuant to
Sections 2.02 and 2.03 hereto,
GE Capital Mortgage Services, Inc.
2000 West Loop South
Suite 1917
Houston, Texas 77027
Attention: Mark Pendergrass
Telephone: (713) 964-4207
Facsimile: (713) 964-4100
with respect to all other notices pursuant to this Agreement,
GE Capital Mortgage Services, Inc.
Three Executive Campus
Cherry Hill, New Jersey 08002
Attention: General Counsel
Telephone: (609) 661-6515
Facsimile: (609) 661-6875
or such other address as may hereafter be furnished in writing by the
Company, or
(b) in the case of the Purchaser, with respect to notices pursuant to
Section 2.01,
--------------------------------
Attention:______________________
Telephone:______________________
Facsimile:______________________
with respect to all other notices pursuant to this Agreement,
--------------------------------
Attention:______________________
Telephone:______________________
Facsimile:______________________
or such other address as may hereafter be furnished in writing by the
Purchaser, or
(c) in the case of the Trustee,
State Street Bank and Trust Company
Corporate Trust Department
Two International Place, Fifth Floor
Boston, Massachusetts 02110
Attention: Karen Beard
Telephone: (617) 664-5465
Facsimile: (617) 664-5367
Section 4.05. Severability of Provisions. If any one or more of the
covenants, agreements, provisions or terms of this Agreement shall be for any
reason whatsoever, including regulatory, held invalid, then such covenants,
agreements, provisions or terms shall be deemed severable from the remaining
covenants, agreements, provisions or terms of this Agreement and shall in no way
affect the validity or enforceability of the other provisions of this Agreement.
Section 4.06. Successor and Assigns. The provisions of this Agreement shall
be binding upon and inure to the benefit of the parties hereto and the
respective successors and assigns of the parties hereto; provided, however, that
the rights under this Agreement cannot be assigned by the Purchaser without the
consent of the Company.
Section 4.07. Article and Section Headings. The article and section
headings herein are for convenience of reference only and shall not limit or
otherwise affect the meaning hereof.
Section 4.08. Third Party Beneficiaries. The Trustee on behalf of
Certificateholders is the intended third party beneficiary of this Agreement.
Section 4.09. Confidentiality. The Purchaser agrees that all information
supplied by or on behalf of the Company pursuant to Section 2.01 or 2.02,
including individual account information, is the property of the Company and the
Purchaser agrees to use such information solely for the purposes set forth in
this Agreement and to hold such information confidential and not to disclose
such information.
Section 4.10. Indemnification. The Purchaser agrees to indemnify and hold
harmless the Company against any and all losses, claims, damages or liabilities
to which it may be subject, insofar as such losses, claims, damages or
liabilities (or actions in respect thereof) arise out of or are based upon
actions taken by the Company in accordance with the provisions of this Agreement
and which actions conflict or are alleged to conflict with the Company's
obligations under the Pooling and Servicing Agreement. The Purchaser hereby
agrees to reimburse the Company on demand for the reasonable legal or other
expenses incurred by it in connection with investigating or defending any such
loss, claim, damage, liability or action.
[Section 4.11. Delayed Effectiveness. The Purchaser agrees that,
notwithstanding any other provision of this Agreement, the Purchaser shall have
no rights hereunder, and the Company shall have no obligations hereunder, until
the Class Certificate Principal Balance of the Class B5 Certificates has been
reduced to zero and any Special Servicing and Collateral Fund Agreement between
the Company and the Purchaser relating to such Class B5 Certificates has been
terminated.]
<PAGE>
IN WITNESS WHEREOF, the Company and the Purchaser have caused their names
to be signed hereto by their respective officers thereunto duly authorized, all
as of the day and year first above written.
GE CAPITAL MORTGAGE SERVICES, INC.
By:________________________________
Name:
Title:
[PURCHASER]
By:_______________________________
Name:
Title:
Acknowledged and agreed to:
STATE STREET BANK AND TRUST COMPANY
By:___________________________________
Name:
Title:
<PAGE>
EXHIBIT L
FORM OF LOST NOTE AFFIDAVIT AND AGREEMENT
I, _________________________________________, being duly sworn, do hereby
state under oath that:
1. I am a duly elected ______________________ of GE Capital Mortgage
Services, Inc. (the "Company") and am duly authorized to make this affidavit.
2. This affidavit is being delivered in connection with the transfer of the
Mortgage Loan described in Paragraph 3 hereof by the Company pursuant to the
Pooling and Servicing Agreement dated as of [date] between the Company, Seller
and Servicer, and State Street Bank and Trust Company, Trustee, relating to the
Company's REMIC Multi-Class Pass-Through Certificates, Series [____]
("Agreement"). Such Mortgage Loan constitutes a Designated Loan.
3. The Company is the payee under the following described Mortgage Note
("Mortgage Note") which evidences the obligation of the borrower(s) to repay the
Mortgage Loan: Loan Number: __________________________________ Mortgage Note
Date:_____________________________ Borrower(s):
___________________________________ Original Payee (if not the Company):
___________ Original Amount:________________________________ Mortgage Rate:
_________________________________ Address of Mortgaged Property:
_________________
4. The Company is the lawful owner of the Mortgage Note and has not
cancelled, altered, assigned or hypothecated the Mortgage Note.
5. A thorough and diligent search for the executed original Mortgage Note
was undertaken and was unsuccessful.
6. Attached hereto is a true and correct copy of the Mortgage Note.
7. The Mortgage Note has not been endorsed by the Company in any manner
inconsistent with its transfer of the Mortgage Loan under the Agreement.
8. Without limiting the generality of the rights and remedies of the
Trustee contained in the Agreement, the Company hereby confirms and agrees that
in the event the inability to produce the executed original Mortgage Note
results in a breach of the representations and warranties appearing in Agreement
subsections 2.03(a)(ii) (the validity and enforceability of the lien created by
the Mortgage Loan) or (x) (no valid offset, defense or counterclaim to any
Mortgage Note or Mortgage), the Company shall repurchase the Mortgage Loan at
the Purchase Price and otherwise in accordance with Section 2.03(b) of the
Agreement. In addition, the Company covenants and agrees to indemnify the
Trustee and the Trust Fund from and hold them harmless against any and all
losses, liabilities, damages, claims or expenses (other than those resulting
from negligence or bad faith of the Trustee) arising from the Company's failure
to have delivered the Mortgage Note to the Trustee, including without limitation
any such losses, liabilities, damages, claims or expenses arising from any
action to enforce the indebtedness evidenced by the Mortgage Note or any claim
by any third party who is the holder of such indebtedness by virtue of
possession of the Mortgage Note.
9. In the event that the Company locates the executed original Mortgage
Note, it shall promptly provide the Mortgage Note to the Trustee.
10. Capitalized terms not otherwise defined herein shall have the meanings
given them in the Agreement.
Date: _______________________
------------------------------
(signature)
------------------------------
(print name)
------------------------------
(print title)
<PAGE>
State of New Jersey )
)ss:
)
On this ____________________day of ___________________, 199__, before me
appeared ____________________________, to me personally known, who acknowledged
the execution of the foregoing and who, having been duly sworn states that
he/she is a/the ______________________________of GE Capital Mortgage Services,
Inc., that any representations therein contained are true, that this Lost Note
Affidavit was signed and sealed on behalf of GE Capital Mortgage Services, Inc.
and that this Lost Note Affidavit is the free act and deed of GE Capital
Mortgage Services, Inc.
---------------------------------------
(Notary Public)
[Notarial Seal]
<PAGE>
EXHIBIT M
SCHEDULE OF DESIGNATED LOANS
SERIES 1999-1
LOAN ORIGINAL BORROWER
NO. PRINCIPAL BALANCE NAME
--- ----------------- ----
70357538 $270,200.00 Goodson
70491600 $200,000.00 Rosen
70373436 $266,500.00 Granito
7738651 $306,000.00 Mattox
31626641 $332,000.00 Nishida
<PAGE>
EXHIBIT N
SCHEDULE OF PLEDGED ASSET MORTGAGE LOANS
List of Additional Collateral Loans Transferred by
GE Capital Mortgage Services, Inc. to
State Street Bank and Trust Company, as Trustee
REMIC Multi-Class Pass-Through Certificates, Series 1999-1
SCHEDULED CPA-COVERED ACTUAL
GECMIS MLCC . PRINCIPAL PLEDGE PLEDGE
LOAN NO. LOAN NO. BALANCE AMOUNT AMOUNT
- -------- -------- ------- ------ ------
7747140 3331790 $ 149,529.27 $ 44,997.00 $ 44,997.00
7747215 3428968 $ 143,694.39 $ 43,275.00 $ 43,275.00
7747223 3448164 $ 137,413.65 $ 41,400.00 $ 41,400.00
7747231 3465283 $ 114,557.04 $ 34,500.00 $ 34,500.00
7747330 3450830 $ 127,327.19 $ 38,400.00 $ 57,600.00
7747355 3463601 $ 149,422.21 $ 45,000.00 $ 45,000.00
7747363 3467859 $ 143,638.24 $ 43,200.00 $ 43,200.00
7747371 3474525 $ 92,016.49 $ 27,200.00 $ 27,690.00
7747389 3476983 $ 121,539.38 $ 36,590.00 $ 36,590.00
7747397 3478229 $ 129,600.65 $ 34,800.00 $ 34,800.00
7747405 3479045 $ 118,144.96 $ 35,550.00 $ 35,550.00
7747439 3489416 $ 174,365.39 $ 52,500.00 $ 52,500.00
7747579 3535671 $ 109,163.63 $ 32,850.00 $ 32,850.00
7747611 3558723 $ 93,711.23 $ 28,200.00 $ 28,200.00
7747629 3561438 $ 197,890.25 $ 58,850.00 $ 59,550.00
7747637 3562923 $ 89,421.71 $ 27,000.00 $ 27,000.00
7747652 3566726 $ 92,542.17 $ 27,870.00 $ 27,870.00
7747660 3567872 $ 113,859.77 $ 25,400.00 $ 25,400.00
7747678 3568573 $ 59,768.88 $ 18,000.00 $ 18,000.00
7747694 3574274 $ 134,426.37 $ 40,500.00 $ 40,500.00
7747702 3583754 $ 217,330.34 $ 65,400.00 $ 65,400.00
7783590 2104289 $ 302,510.89 $ 92,100.00 $ 92,100.00
7783699 2773091 $ 392,925.43 $119,970.00 $119,970.00
7783764 3429206 $ 596,222.92 $179,700.00 $179,700.00
7783822 3560224 $ 408,341.05 $123,000.00 $123,000.00
7783996 3651510 $ 329,203.58 $ 50,000.00 $ 50,000.00
7784036 3666989 $ 229,631.06 $ 67,250.00 $ 67,250.00
7784044 3672565 $ 584,038.16 $ 60,000.00 $ 60,000.00
TOTALS $ 5,552,236.30 $1,493,502.00 $1,513,892.00
<PAGE>
EXHIBIT O
SENIOR PRINCIPAL PRIORITIES
third, to the Classes of Senior Certificates, in reduction of the Class
Certificate Principal Balances thereof, to the extent of remaining Available
Funds, concurrently as follows:
(a) to the Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class A13,
Class A14, Class A15 and Class R Certificates, the Senior Optimal Principal
Amount for such Distribution Date in the following order of priority:
(i) to the Class A1 Certificates (the "Group II Senior
Certificates"), the Group II Senior Principal Distribution Amount (as
defined herein) for such Distribution Date, until the Class
Certificate Principal Balance thereof has been reduced to zero; and
(ii) to the Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class
A13, Class A14, Class A15 and Class R Certificates (together, the
"Group I Senior Certificates"), the Senior Optimal Principal Amount
for such Distribution Date, less the Group II Senior Principal
Distribution Amount for such Distribution Date (such reduced amount,
the "Group I Senior Principal Distribution Amount") in the following
order of priority:
(A) to the Class R Certificates, until the Class Certificate
Principal Balance thereof has been reduced to zero;
(B) to the Class A2 and Class A4 Certificates, in the
following order of priority:
(I) to the Class A2 Certificates, until the Class
Certificate Principal Balance thereof has been reduced to
zero;
(II) to the Class A4 Certificates, until the Class
Certificate Principal Balance thereof has been reduced to
zero; and
(C) to the Class A3, Class A5, Class A6, Class A7, Class A8,
Class A9, Class A10, Class A11, Class A12, Class A13, Class A14
and Class A15 Certificates, the remaining amount distributable
pursuant to clause (a)(ii) above, after giving effect to the
distributions in clause (a)(ii)(A) and clause (a)(ii)(B) above,
concurrently, as follows:
(I) to the Class A5 Certificates, approximately
26.5864372342% of the amount distributable pursuant to
clause (a)(ii)(C) above, until the Class Certificate
Principal Balance thereof has been reduced to zero;
(II) to the Class A6 Certificates, approximately
12.2941373053% of the amount distributable pursuant to
clause (a)(ii)(C) above, until the Class Certificate
Principal Balance thereof has been reduced to zero;
(III) to the Class A7 Certificates, approximately
7.3764823832% of the amount distributable pursuant to clause
(a)(ii)(C) above, until the Class Certificate Principal
Balance thereof has been reduced to zero;
(IV) to the Class A13 Certificates, approximately
11.5916151736% of the amount distributable pursuant to
clause (a)(ii)(C) above, until the Class Certificate
Principal Balance thereof has been reduced to zero;
(V) to the Class A14 and Class A15 Certificates,
approximately 7.0252213173% of the amount distributable
pursuant to clause (a)(ii)(C) above, in the following order
of priority:
(1) to the Class A14 Certificates, until the Class
Certificate Principal Balance thereof has been reduced to
zero; and
(2) to the Class A15 Certificates, until the Class
Certificate Principal Balance thereof has been reduced to
zero; and
(VI) to the Class A3, Class A8, Class A9, Class A10,
Class A11 and Class A12 Certificates, approximately
35.1261065864% of the amount distributable pursuant to
clause (a)(ii)(C) above, in the following order of priority:
(1) to the Class A3 Certificates, until the Class
Certificate Principal Balance thereof has been reduced to
zero;
(2) to the Class A8 Certificates, until the Class
Certificate Principal Balance thereof has been reduced to
zero;
(3) to the Class A9 Certificates, until the Class
Certificate Principal Balance thereof has been reduced to
zero;
(4) to the Class A10 Certificates, until the Class
Certificate Principal Balance thereof has been reduced to
zero;
(5) to the Class A11 Certificates, until the Class
Certificate Principal Balance thereof has been reduced to
zero; and
(6) to the Class A12 Certificates, until the Class
Certificate Principal Balance thereof has been reduced to
zero; and
(b) to the Class PO Certificates, the Class PO Principal
Distribution Amount for such Distribution Date, until the Class
Certificate Principal Balance thereof has been reduced to zero;
